Myles Garrett has joined the league of athletes who own sports teams. The Cleveland Browns player and four-time Pro-Bowler has acquired a minority stake in the NBA’s Cleveland Cavaliers.
The move makes Garrett a part owner of the group under the leadership of the Cleveland Cavaliers Chairman and Governor Dan Gilbert. As part of the purchase agreement, Garrett will also serve as an official Cavaliers brand ambassador.
According to a press statement, the deal was closed on behalf of Garrett by Shey Olaoshebikan of Klutch Sports Group. Commenting on the deal, Gilbert described Garrett as a leader on and off the field, 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.
Since he was drafted with the first overall pick in the 2017 draft, the 27-year-old has played for the Brows in his entire career. Through six games this season, Garrett has 22 total tackles, 7.5 sacks and three forced fumbles, according to WATE.