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Cavaliers "Quietly" Seeking County Funds For Arena Overhaul, Despite Sin-Tax Approval

The Cavaliers have “quietly inquired whether the Cuyahoga County government would provide" public money to "overhaul the publicly-owned Quicken Loans Arena," according to Andrew Tobias of the Cleveland PLAIN DEALER. The funding would be in addition to the “sin tax dollars voters approved last year.” Gateway Economic Development Corporation BOD Chair Tim Offtermatt, whose non-profit is the landlord for the arena and Progressive Field, said that the team has “not yet presented an official proposal or disclosed the degree of public support they may seek.” Cuyahoga County Exec Armond Budish and the County Council “would have to sign off on any county funding that might go to the project.” The team’s lease runs through ’27, and any deal to change it “would require approval from the Gateway board, the members of which include representatives of the county and Cleveland governments.” If public funding does go to the arena overhaul, public officials “likely would seek concessions from the Cavaliers in exchange” (Cleveland PLAIN DEALER, 1/30).

SBJ Morning Buzzcast: March 25, 2024

NFL meeting preview; MLB's opening week ad effort and remembering Peter Angelos.

Big Get Jay Wright, March Madness is upon us and ESPN locks up CFP

On this week’s pod, our Big Get is CBS Sports college basketball analyst Jay Wright. The NCAA Championship-winning coach shares his insight with SBJ’s Austin Karp on key hoops issues and why being well dressed is an important part of his success. Also on the show, Poynter Institute senior writer Tom Jones shares who he has up and who is down in sports media. Later, SBJ’s Ben Portnoy talks the latest on ESPN’s CFP extension and who CBS, TNT Sports and ESPN need to make deep runs in the men’s and women's NCAA basketball tournaments.

SBJ I Factor: Nana-Yaw Asamoah

SBJ I Factor features an interview with AMB Sports and Entertainment Chief Commercial Office Nana-Yaw Asamoah. Asamoah, who moved over to AMBSE last year after 14 years at the NFL, talks with SBJ’s Ben Fischer about how his role model parents and older sisters pushed him to shrive, how the power of lifelong learning fuels successful people, and why AMBSE was an opportunity he could not pass up. Asamoah is 2021 SBJ Forty Under 40 honoree. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

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