What is the Cleveland Cavaliers Net Worth?

Last Modified Mar 28, 2025 06:22 GMT
Cleveland Cavaliers Net Worth.
Cleveland Cavaliers (Image Source : Getty Images)

Established in 1970, The Cleveland Cavaliers are a professional basketball team from the heart of Cleveland, Ohio. The Cavs play in the Eastern Conference of the NBA and won the historic NBA Championship in 2016 where they became the first team in NBA history to come back from a 3-1 deficit and win the series in the NBA Finals against the Golden State Warriors led by Lebron James and Kyrie Irving.

The Cavs initially played their home games at Cleveland Arena from 1970 to 1974 but later shifted to the Richfield Collesium from 1974 to 1994. Finally, since the 1994 season, the Cavs have been playing their home games at Rocket Mortgage FieldHouse a stadium that is shared with their local counterparts i.e. Cleveland Monsters of the American Hockey League, and has a capacity of 19,432 according to Forbes.

Cleveland Cavaliers Net Worth

The Cleveland Cavaliers have an estimated net worth of around $3.95 Billion as of March 2025 as per Forbes.

Who owns The Cleveland Cavaliers?

Dan Gilbert has owned the majority of the Cavs franchise since 2005 along with other minority stakeholders like Gary Gilbert, Singer and Hollywood star Usher, and NFL star Myles Garrett who bought the minority stake in 2023.

Cleveland Cavaliers Mascot

Cleveland Cavaliers Net Worth
Cleveland Cavaliers (Image Source: Getty Images)

The Cavaliers have two mascots, Moondog and Sir CC. The name Moondog represents the city's rock and roll culture and is inspired by Alan Freed, a popular disc jockey in Cleveland who referred to himself as 'Moondog'.

Sir C.C. is the second mascot to represent the franchise who made his debut in 2010. He is a swashbuckler character, which means a heroic protagonist stock character who is skilled in swordsmanship and possesses chivalrous ideals.

Also read: How much of the Cavs does Usher own?

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FAQs on Cleveland Cavaliers.

A. LeBron James has scored 23,119 points, making him the leading scorer in Cavaliers history.

A. The Cleveland Cavaliers have made 24 playoff appearances to date.

A. LeBron James of the Cleveland Cavaliers has the most rebounds in franchise history, at 6,190.

A. LeBron James leads the franchise in steals, at 1,376.

A. The best player to ever play for the team is LeBron James, who leads the Cavs in minutes played, field goals, free throws, assists, steals and points.

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