Blue Owl HomeCourt fund takes minority stake in Cleveland Cavaliers

Blue Owl Capital

Blue Owl Capital

OWL

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  • Blue Owl’s HomeCourt Partners fund bought a minority equity stake in the Cleveland Cavaliers and related assets.
  • Owner Dan Gilbert retained a majority stake in the NBA franchise.
  • The deal marks HomeCourt’s sixth NBA team investment since its 2020 launch under a strategic partnership with the NBA.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Blue Owl Capital Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202607060930PR_NEWS_USPR_____NY98145) on July 06, 2026, and is solely responsible for the information contained therein.

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