Blue Owl HomeCourt Partners Acquires Minority Stake in Cleveland Cavaliers
July 7, 2026
Blue Owl HomeCourt Partners Fund acquired a minority equity stake in the Cleveland Cavaliers and accompanying assets. Dan Gilbert will maintain his majority ownership of the franchise.
- Buyers
- Blue Owl HomeCourt Partners Fund
- Targets
- Cleveland Cavaliers
- Platforms
- Blue Owl GP Strategic Capital
- Industry
- Media & Entertainment
- Location
- Ohio, United States
- Transaction Type
- Growth capital
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