Blue Owl's HomeCourt Partners fund buys minority stake in Cleveland Cavaliers
The Cavaliers are the sixth NBA franchise the fund has backed, and Dan Gilbert keeps his majority stake.
Cleveland Cavaliers Issuer · Blue Owl Capital Investor
The deal
- Type
- Secondary
- Amount
- Not recorded
- Status
- Closed
- Valuation
- Not recorded
- Region
- United States
- Date
- 6 July 2026
As of this development: a later development may record new terms.
Lifecycle
- Announced
- Closed
The parties
Cleveland Cavaliers Issuer
Blue Owl Capital Investor