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Dan Gilbert

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Owner Dan Gilbert on money spent on Cavs' core: 'We're all-in'
Cavaliers owner Dan Gilbert said he's spending a near-record amount on salaries and luxury taxes because it would be foolish not to.

Since the end of last season, the Cavs have locked up players to nearly $300 million in new contracts, including $113 million to
Kevin Love, $82 million to Tristan Thompson and $47 million to LeBron James. Currently, Gilbert is committed to spending $175.6 million on payroll this season, with $65 million of that in luxury taxes. Those numbers would represent the second-highest spending numbers in league history, falling behind only the 2013-14 Brooklyn Nets, who spent $197 million, including tax.

"We're committed; we're all-in ... When you invest in something like a sports franchise and you're in for so much ... if you at the margins start pulling back, I think that may be foolish on a lot of fronts," Gilbert said before the Cavs beat the
Miami Heat 102-92. "We're investing for the future as well as the current."

With the exception of James, who can be a free agent next summer, the Cavs now have their entire core locked up for the next four seasons, as
Kyrie Irving is at the start of a new extension he signed last year. Gilbert said that was a driving force behind all the spending in the offseason.

"These guys who are under these large contracts, that's a core for four or five years," Gilbert said. "That's an eternity in this league. As we've seen with NBA franchises, that formula can work."

When the team finished its business last week by
striking a deal with Thompson after a long stalemate, James praised Gilbert's willingness to spend.

"When you have an ownership group that believes what it's going to take, then money is not an object," James said. "It's a sign that [Gilbert] will do anything to help us go out there and perform."

The Cavs still have a $10.5 million trade exception they could use if needed, but that would take their payroll to more than $200 million. Gilbert didn't say if he was willing to use the exception this season and also didn't say how long he was willing to spend at this level.

"We look at this year by year. There's so many factors, so many things can change," Gilbert said. "We always like to have options. It's not so much the amount of payroll. The question is if you can maneuver. If the team goes a certain way, are all the contracts valuable? Can your general manager still play chess? We never try to say this is [the budget]. It really is how it operates."

http://espn.go.com/nba/story/_/id/14012880/cleveland-cavaliers-owner-dan-gilbert-defends-paying-record-salaries-luxury-taxes
 
Dan needs to watch this video and practice this, as he will soon be needing to do this.

 
This organization has so much instability. Head coaches are hired and fired like it's nothing. GMs come and go. Players are constantly voicing their displeasure and acting passively aggressive towards one another. And every guy who plays here and then leaves (Deng, Varejao, and even freaking Bynum) goes on about how much disconnect there is within the locker room and the overall organization.

My question is, how much blame do you guys give to Dan Gilbert for all of this? I honestly don't know what I think. I love Dan's relentlessness to spend whatever it takes to put forth a winning team, but sometimes I start thinking how everything starts at the top, and the only consistent attribute with this franchise - as players, GMs, and coaches come and go - is the lack of chemistry between the players, the coaches, and management.
 
Feels like the Browns.
 
Let’s set up a RCF minority ownership trust fund and buy a stake in the team. We all have a couple million lying around right?
 
Yeah, I got a million somewhere around here. Might have fallen in the couch cushions.
 
He's definitely a great owner in the sense he loves the team and spends what it takes when many owners wont. Much like cuban, but like cuban hes gotten too involved with basketball operations at times and made some bad choices.
 
Well all right, we did it.

Honestly it does suck that there is really only one team I care about in all of sports though.
 

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