No other details were provided on Gilberts condition, diagnosis or prognosis. The company said Gilberts family requests privacy at this time.
Dan Gilbert hospitalized with stroke symptoms
Gilbert has owned the Cavs since 2005. The 57-year-old introduced new Cavs coach John Beilein at a press conference Tuesday at the teams training facility in Independence, Ohio. Gilbert also owns several other sports franchises in the city, including the American Hockey Leagues Cleveland Monsters and Arena Football Leagues Cleveland Gladiators.
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.
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.
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.
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.
Gilbert and wife Jennifer have five children. Forbes calculates Gilberts fortune as being worth $7.3 billion, according to the Reuters news agency.
Cleveland Cavaliers owner Dan Gilbert was hospitalized early Sunday morning with stroke symptoms, according to The Detroit News. His diagnosis and prognosis are currently unknown.
Gilbert, who amassed his fortune as the founder of mortgage lender Quicken Loans, was reportedly admitted to Royal Oak Beaumont Hospital. He appears to not currently be in critical condition:
“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.”
The 57-year-old Gilbert has owned the Cavaliers since 2005 and has since become one of the most widely known owners in the league, mainly due to his relationship with LeBron James. His infamous letter written when James left the team for the Miami Heat remains a seminal moment for all involved, but the two have since seemed to bury the hatchet.
According to Adrian Wojnarowski of ESPN, the Cavaliers owner was admitted into a Detroit-area hospital on Sunday morning after experiencing stroke-like symptoms. A Quicken Loan company spokesman made sure to clarify that Gilbert is recovering comfortably.
More recently, Gilbert raised some eyebrows with comments about the Cavaliers Kyrie Irving trade, but thats been par for the course with his ownership style for a while.
Gilbert also occupies a special place in Detroit, as he famously moved Quicken Loans company headquarters to downtown Detroit in 2010. Thousands of Quicken Employees now occupy the city, making the company one of the areas biggest employers.