Cleveland Cavaliers Spent $500K On Fake Snow Machines That Were Only Used Once During Ill-Fated Playoff Run
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3 Articles
Cleveland Cavaliers Spent $500K On Fake Snow Machines That Were Only Used Once During Ill-Fated Playoff Run
Cleveland Cavaliers owner Dan Gilbert The Cavaliers finished the regular season with the best record in the Eastern Conference and seemed poised to make a deep run in the playoffs. Owner Dan Gilbert decided to drop $500,000 on fake snow machines ahead of the postseason in the hopes of injecting some excitement into home games, but that decision did not end up paying off. The Cleveland Cavaliers headed into the most recent NBA season hoping to pu…
Fischer's Latest: Cavs, Rockets, Hawks, Blazers, Draft
The Cavaliers avoided the luxury tax this season when they sent Caris LeVert and Georges Niang to Atlanta at the trade deadline in a deal for De’Andre Hunter, which allowed them to duck below the tax threshold by less than $1MM. According to Jake Fischer of The Stein Line (Substack link), that move was widely viewed as one intended to create financial flexibility for the Cavs going forward, rather than as part of a directive to cut costs. The Ca…
Report: Dan Gilbert Comfortable Absorbing Luxury Tax Costs As Long As Cavs Are Legitimate Title Contender
According to NBA insider Jake Fischer, Dan Gilbert is comfortable absorbing luxury tax costs as long as the Cleveland Cavaliers are legitimate title contenders. When Evan Mobley won the 2024-25 Defensive Player of the Year Award, it triggered a clause in his contract that called for him to increase the first-year salary of his rookie-scale extension from 25 to 30% of the salary cap. As a result, the Cavaliers are now projected to have $219 milli…
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