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BC-BKN--Gilbert Hospitalized,3rd Ld-Writethru

May 27, 2019

CLEVELAND (AP) — Billionaire businessman and Cleveland Cavaliers owner Dan Gilbert is recovering after suffering symptoms of a stroke and seeking hospital care.

Officials with Detroit-based Quicken Loans said in a statement that Gilbert “received immediate medical attention and is currently recovering comfortably” after going to a Detroit-area hospital early Sunday with “stroke-like symptoms.” Gilbert is the company’s founder and chairman.

The company said Gilbert’s family requests privacy at this time.

Gilbert has owned the Cavs since 2005.

The 57-year-old Gilbert introduced new Cavs coach John Beilein at a press conference Tuesday at the team’s training facility in Independence, Ohio.

His hospitalization comes a month before his Rocket Mortgage is to host Detroit’s first PGA Tour event. It also follows his launch of a ballot drive just days earlier to push auto insurance reform in Michigan. The state Legislature passed a landmark insurance reform bill Friday.

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