> NBA Hoops Online > Cavs History

Owner	Tenure	Purchased	Notes
Nick Mileti	1970-1980	$3,700,000	Founded the team. Sold team to buy the Indians
Ted Stepien	1980-1983	$2,000,000	May be the worst owner in pro sports history.
Gordon Gund	1983-2005	$20,000,000
Dan Gilbert	2005-present	$375,000,000	Owner when the Cavs won their first NBA title