Carlos Osorio/Associated Press
Quicken Loans, for which Gilbert is a founder, issued a statement to the paper: “He received immediate medical attention and is currently recovering comfortably. Our collective thoughts and prayers are with Dan for a speedy recovery.”
Additional details about Gilbert’s status were not provided.
Gilbert purchased a majority stake in the Cavaliers from Gordon Gund in 2005. Under his watch, the franchise captured its first NBA title in 2016 after he successfully convinced LeBron James to return to Cleveland. The Cavs also reached the NBA Finals in 2007, part of a five-year streak of postseason runs.
Cleveland finished the 2018-19 season with the NBA’s second-worst record (19-63) as it builds for the future following James’ second departure. The Cavaliers hired John Beilein on May 14 to be their next head coach.