Cavaliers future in Cleveland past 2027 in jeopardy

Dan Gilbert and the Cleveland Cavaliers announced yesterday in a surprising move that they will scrap the $140M renovation project for Quicken Loans Arena.

The Cleveland Cavaliers’ lease of The Q with the city of Cleveland empires in 2027, but there are already rumblings of the teams’ future in Cleveland past 2027. These could be baby steps to a huge shift in the not-so-distant future.

Cleveland lawyer Fred Nance, who worked on this scrapped deal, talked to Ben Axelrod of WKYC.

“I think it has put a big question mark on the future of the Cavs in Cleveland,” Nance told WKYC by phone on Tuesday. “Because while the deal would have extended [the Cavs] lease and we wouldn’t have had to deal with this until 2034, it’s not clear what’s going to happen in 2027 and owners don’t wait until December 30 of the last year of their lease — they start making those plans years ahead of time.

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According to Nance, if the renovations were completed, the lease would’ve been extended to 2034. The Ohio Supreme Court came down with a ruling saying this proposal for Quicken Loans Arena needs a public vote.

Greater Cleveland Congregations was one of the main reasons this deal is dead. The group led a petition to “present the court with the aforementioned referendum against the deal,” according to WKYC. The Cavaliers would’ve paid the $70M of the $140M toward the deal, then the rest of the $70M would be part of a public funding.

Cavs fans, I would not worry about the Cavs moving at all right now. It is ten years down the road and plenty of time for Dan Gilbert to come up with a better plan. To be honest, this was a great plan that Gilbert and the Cavaliers came up with.

You can listen to the full interview below.

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Ever since the return of LeBron, the Cavaliers have been one of the best teams in the NBA, so it is outlandish to think that any change is too close. That said, a decade from now holds an array of change for not just Cleveland but the entire NBA, so watch each situation like this closely in the upcoming years.