Cleveland Cavaliers — Usher
When the Cleveland Cavaliers won the NBA championship in 2016, Usher celebrated with owner Dan Gilbert and the team while sporting Cavs gear. This surprised people, as Usher had no obvious ties to Cleveland or Ohio as a whole.
Alas, he did have a tie to the Cavaliers — he had been a small stake-holder in the team since 2005. According to Forbes, Usher paid $9 million for roughly a 1 percent share of the team. There has since been no update on whether Usher’s ownership percentage of the team has risen. His initial investment, however, has obviously seen a massive return since buying in 13 years ago.
Usher has not made too many appearances at NBA games, especially Cavaliers games. This information was new to many after the Cavs won. Usher, of course, took this opportunity to soak it in.
“…11 years of being with an organization, it’s grown, taken some hits, turned around, and then came back. Obviously, they’ve had an incredible year.”
Usher definitely speaks as if he isn’t too involved. However, he clearly appreciates the growth the organization did — namely re-signing LeBron James and winning a championship.
Now that Kyrie Irving and James have departed since winning the title in 2016, Usher’s Cavaliers should be on a downward trend. That trend down may continue for a while.
But for Usher to stick with the organization for so long, he absolutely deserved to celebrate that championship — as both a part-owner and fan.