Myles Garret has bought a minority stake ownership at the Cleveland Cavaliers.
𝗧𝗥𝗘𝗡𝗗𝗜𝗡𝗚: #Browns star DE Myles Garrett has purchased a minority stake in the Cavaliers and will serve as a brand ambassador for the team, per @ShamsCharania
Pretty awesome. pic.twitter.com/r9C3UQOql4
— JPAFootball (@jasrifootball) October 25, 2023
The team announced the deal has been finalized and Garrett is indeed a stake holder in it. The defensive end’s share is still not known, but Cleveland stated that he will serve in the role of official “brand ambassador”.
“As a leader on and off the field, Myles has become a Cleveland icon and shares in our organization’s commitment to being a transformative force for good across the region,” Cavaliers owner Dan Gilbert. “We are honored to welcome this longtime friend of the team as our new partner and investor.”
Garrett is a fond fan of basketball and has attended Cavaliers’ games on multiple occasions. He even took part of the NBA All-Star Celebrity game, hosted last year.