Officials with Detroit-based Quicken Loans said in a statement that Gilbert “received immediate medical attention and is currently recovering comfortably” after going to a Detroit-area hospital early Sunday with “stroke-like symptoms.” Gilbert is the companys founder and chairman.
Report: Cavs owner Dan Gilbert hospitalized after possible stroke
No other details were provided on Gilberts condition, a diagnosis or prognosis. The company said Gilberts family requests privacy at this time.
The 57-year-old introduced new Cavs coach John Beilein at a press conference Tuesday at the teams training facility in Independence, Ohio.
His hospitalization comes a month before his Rocket Mortgage is to host Detroits first PGA Tour event. It also follows his launch of a ballot drive just days earlier to push auto insurance reform in Michigan. The state Legislature passed a landmark insurance reform bill Friday.
Cleveland Cavaliers owner Dan Gilbert was hospitalized Sunday after experiencing symptoms associated with a stroke, according to the Detroit News Nolan Finley and Kim Kozlowski.
While best known as the Cavs sometimes outspoken owner, Gilbert is connected to numerous business ventures that that have propelled urban recoveries in Detroit and Cleveland.
Under his ownership, the Cavs have gone to five NBA Finals and won the championship in 2016, the first major sports title for any Cleveland franchise since 1964.
Gilbert famously wrote a scathing letter to Cavs fans after superstar LeBron James left as a free agent in 2010. But the two men patched up their differences, which led to James re-signing with his home state team in 2014.
Gilbert has been active for the Cavs this offseason, especially during their search of a new head coach. Cleveland eventually hired former University of Michigan tactician John Beilein to man the sidelines.
Beyond his business ties, Gilbert has been deeply involved in raising millions to fight neurofibromatosis, a rare genetic nerve disorder that afflicted his 23-year-old son, Nick. The younger Gilbert had surgery last year to remove a brain tumor.
Forbes calculates Gilberts fortune as being worth $7.3 billion, according to the Reuters news agency.
Cleveland Cavaliers owner Dan Gilbert has reportedly suffered a stroke but is resting comfortably in the care of medical professionals.
According to the Detroit News, Gilbert was hospitalized on Sunday morning after evidencing stroke-like symptoms. His current condition is not known, but his company released a statement saying his family was seeking privacy.
Dan Gilbert recovering after experiencing stroke-like symptoms
He received immediate medical attention and is currently recovering comfortably, said a statement issued by the Quicken Loans family of companies following inquiries from The News. Our collective thoughts and prayers are with Dan for a speedy recovery.
Gilbert, 57, is the founder of Quicken Loans and the majority owner of the Cavs. He was scheduled to speak on Wednesday at a conference on Mackinac Island in Northern Michigan. Its unclear if Gilbert will be keeping that appearance date as we dont yet know the severity of his injuries.
The often-bombastic Cavaliers owner has made waves over the years, most recognizably with his Comic Sans letter. Recently, Gilbert said that he felt the Kyrie Irving trade was a winner for his team, and that Irving was likely to leave the Boston Celtics.