Nick Mileti, a prominent figure in Cleveland sports history, has passed away at 93. As the founder of the Cleveland Cavaliers and a former owner of the Cleveland Guardians, Mileti played a significant role in shaping the city’s sports landscape. His impact extended beyond basketball, as he also owned two hockey teams, the Cleveland Arena, and the Richfield Coliseum at various points.
In 1970, Mileti’s investment of $3.7 million secured an NBA expansion team for Cleveland, which would become the Cavaliers. His tenure as part of the Cavaliers’ ownership group lasted until 1980. The Cleveland Guardians expressed their condolences on social media, acknowledging Mileti’s contributions to the sports community and his deep ties to Cleveland.
His legacy in Cleveland sports is marked by his efforts to bring professional teams and venues to the city, which have left a lasting impression on its sports culture.
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