Team Cleveland Cavaliers wiki, net worth

Cleveland Cavaliers are an American professional basketball team based in Cleveland, Ohio. The team has played a pivotal role in the development of the game of basketball in America. The game of basketball has a cult following in America, the game is highly popular, Cavaliers is one of the main reasons basketball is making the landmarks in America today.

The club has undergone great metamorphosis since its purchase in 2005 by Dan Gilbert for $375 million dollars. The transformation is not automatic; neither is it systematic. The turnaround in the fortunes of the club came about with the return of mercurial LeBron James to the club in 2014. He single handedly promised the club an NBA Finals Win.

Today, Cavaliers has made the Forbes NBA Team Valuations List. They have featured many NBA legends such as LeBron James who is still very much active and the likes of Brad Daugherty, Zydrunas Ilgauskas, and Mark Price. There are also an intimidating list of past NBA greats who have donned the colors of Cavaliers, the list include:  Nate Thurmond, Lenny Wilkens, Walt Frazier, and Shaquille O’Neal.

Cavaliers are noted for their trade mark wine and gold colored jerseys. They have experimented with different variants of the colors in their glamorous journey from 1970 to date. They returned in the current dispensation to their original wine and gold colors.

The cavaliers began wearing special mash-up uniforms from the 2008/2009 seasons. For every season and up to the present 2015/2016 season, there is one special uniform for each season. They have transited between three home arenas from inception in 1970 to date. Their transformation goes thus: Cleveland Arena (1970/1974); Coliseum at Richfield (1974/1994); Quicken Loans Arena (formerly Gund Arena) (1994–present).

Looking back at the honors and awards that have come the way of Cavaliers, one cannot but give some credit to their mercurial forward- The basketball great- LeBron James.

Net worth

The estimated net worth is $1.1 billion dollars.



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Championships: 1 (2016)

Conference titles: 3 (2007, 2015, 2016)

Division titles: 5 (1976, 2009, 2010, 2015, 2016) 

Team Information

  • Name of team: Cleveland Cavaliers
  • Year founded: 1970
  • Age of team: 46
  • Division: Eastern Conference Central Division.
  • Arena: Quicken Loans Arena
  • Location: Cleveland, Ohio
  • Team manager: David Griffin
  • Head Coach: Tyronn Lue

Ownership: Dan Gilbert; Jeff Cohen (Vice Chairman); Nate Forbes (Vice Chairman); Gordon Gund (minority owner);

Usher Raymond (minority owner)