Cleveland Cavaliers owner Dan Gilbert is at home resting following hospitalization in Detroit last week when he experienced “stroke-like symptoms,” news that riveted the sports world.
Quicken Loans CEO Jay Farner issued the following statement to the Call & Post.
“Dan Gilbert and his family are grateful for the outpouring of support following the news of his hospitalization early Sunday. We appreciate the community’s concern, and with his family’s permission, provide the following update:
Dan was not feeling well Sunday morning so he was taken to the hospital by a family friend. While under care at the hospital, he suffered a stroke and was immediately taken in for a catheter-based procedure, then moved to recovery in the Intensive Care Unit.
Dan is awake, responsive and resting comfortably. Dan and his family are immensely grateful to the doctors and nurses whose early intervention is already paying dividends toward his recovery.
We will update the public as additional details become known. Thanks to the strong culture and leadership Dan has built and grown, business at the Rock Family of Companies will continue under the normal, everyday direction of their respective CEOs.
Our collective thoughts and prayers remain with Dan for a speedy recovery.”
Gilbert, 57, is responsible for Northeast Ohio’s first major sports championship in more than 50 years when his Cavaliers won the NBA Championship in 2016.
The billionaire is also lauded for his philanthropy in both Detroit and Cleveland where he has been steadfast in urban community recovery projects.
While Gilbert has had an acrimonious relationship with Akron native and former Cavaliers superstar LeBron James, but his motives were more for his devotion to Cleveland than his distain for James.
An indefatigable businessman, Gilbert has raised millions to fight neurofibromatosis, a rare genetic nerve disorder that afflicted his 23-year old son, Nick. Nick had surgery last year to remove a brain tumor.
In 2018 he hired the youngest African American general manager Koby Altman, 36, to lead the Cavaliers.