Browns superstar defensive end Myles Garrett has finalized a deal to purchase a minority ownership stake in the Cleveland Cavaliers, the NBA team announced on Wednesday.
In addition, Garrett will also serve as an official ambassador of the Cavaliers.
“As a leader on and off the field, Myles has become a Cleveland icon and shares in our organization’s commitment to being a transformative force for good across the region,” Cavs owner Dan Gilbert said in a statement. “We are honored to welcome this long-time friend of the team as our new partner and investor.
“Myles’ passion and commitment to the city he loves will allow us to reach new communities and continue to build the successful future of this franchise.”
On Wednesday, Garrett was named the AFC Defensive Player of the Week for his effort in the Browns’ 39-38 victory over the Indianapolis Colts last Sunday. Garrett became the first player since 2000 to record two sacks, two forced fumbles and block a field goal in a single game. It was a monster performance by arguably the best defensive player in the NFL.
In 2020, Garrett signed a five-year extension with the Browns worth $125 million.