Cavs donate over $500,000 in watch party proceeds

Over $2.5 million raised over last 4 years

Daryl Ruiter
June 19, 2018 - 12:56 pm
 A general view of Quicken Loans Arena before game three of the Eastern conference finals between the Boston Celtics and the Cleveland Cavaliers in the 2018 NBA Playoffs.

Aaron Doster-USA TODAY Sports

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Cleveland, OH (92.3 The Fan) – The Cleveland Cavaliers raised over half a million dollars benefitting a pair of local charities thanks to proceeds from their 2018 playoff watch parties.

The team announced Tuesday on the 2-year anniversary of their 2016 NBA championship that Cleveland Say Yes to Education scholarships and Greater Cleveland Habitat for Humanity will receive the money.

Over the last 4 seasons the team has donated over $2.5 million from playoff watch parties.

“Being able to combine the excitement of the playoffs and game experience at The Q while supporting two very impactful local groups serving our local children and families is something very special for our entire organization,” Len Komoroski, Cavaliers and Quicken Loans Arena CEO, said. “Together with our fans, we can all take pride knowing we again were able to turn the watch parties into something larger than just the games.”

The Cleveland’s Path to Say Yes to Education scholarship fund will receive two-thirds of the funds from the 2018 playoff run and Greater Cleveland Habitat for Humanity receiving one-third the team said.

“Dan Gilbert and the Cavs’ generosity in both 2017 and 2018 has enabled us to complete our 100-home project,” John Habat, President/CEO Greater Cleveland Habitat for Humanity, said. “In fact, the $1 million+ proceeds provided $10,000 towards every house we fully rehabbed.  We are extremely grateful to their commitment to fighting neighborhood blight and providing affordable homeownership in Cleveland.”

The team also said that their 50/50 raffle during the playoffs raised an additional $75,000 which will benefit other local non-profit organizations. The raffles raised over $250,000 throughout the 2017-18 season.

“The Cavs and the fans here in Cleveland have shown once again what it takes to be true champions for the community,” Ronn Richard, president and CEO of the Cleveland Foundation, which manages the local scholarship fund for Cleveland’s Path to Say Yes, said “This incredible generosity will be a game-changer for Cleveland, proving that we will do ‘whatever it takes’ to make a difference in the lives of our youth.”