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Cavs’ Owner on Paying Near-Record Salaries: ‘We’re all in’
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All posts by Basketball InsidersUpdated8 hours ago on April 26, 2024
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Cavaliers owner Dan Gilbert said he’s spending a near-record amount on salaries and luxury taxes because it would be foolish not to.
“We’re committed; we’re all-in … When you invest in something like a sports franchise and you’re in for so much … if you at the margins start pulling back, I think that may be foolish on a lot of fronts,” Gilbert said before the Cavs beat the Miami Heat 102-92. “We’re investing for the future as well as the current.”
Source: Brian Windhorst of ESPN
