Myles Garrett has joined the ranks of sportsmen who own sports franchises. The four-time Pro Bowler and Cleveland Browns player has purchased a minority share in the NBA’s Cleveland Cavaliers.
Garrett will now be a part owner of the organization led by Cleveland Cavaliers Chairman and Governor Dan Gilbert. Garrett will also act as an official Cavaliers brand ambassador as part of the purchase agreement.
According to a news release, Shey Olaoshebikan of Klutch Sports Group closed the transaction on Garrett’s behalf. Gilbert characterized Garrett as a leader on and off the field in his comments about the deal, adding that they welcome him as a new partner.
“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,” Gilbert said in a statement. “We are honored to welcome this long-time friend of the team as our new partner and investor.
“Myles’ passion and commitment to the city he loves will allow us to reach new communities and continue to build the successful future of this franchise.”
Garrett was recently named AFC Defensive Player of the Week and has spent his entire career with the Browns. This stunning career has made him one of the most beloved in the city. Commenting on his purchase, he noted, “I have admired the Cavaliers organization’s hard work, tenacity and dedication to the community since my early days in Cleveland.”
“To have the opportunity to join this impressive and purpose-filled franchise, under Dan’s leadership, is truly a dream come true,” the NFL star said.
The 27-year-old has spent his whole career with the Brows after being picked with the top overall pick in the 2017 draft. Garrett has 22 total tackles, 7.5 sacks, and three forced fumbles through six games this season, according to WATE.