Quicken Loans Arena

The Cleveland Cavaliers are recommitting to a deal to renovate Quicken Loans Arena after withdrawing from the plan last week. In a statement Wednesday afternoon, Cavs CEO Len Komoroski said the team will take up its side of the Q deal. The Cavs will pay principle and interest on half of a $140 million bond sale. The public will pay down the other half, plus reserves, with admission tax dollars and other revenue.

With the collapse of the Quicken Loans Arena deal, Cleveland joined St. Louis and San Diego on the list of cities in which public sports projects have recently fallen through.

The announcement this week by Cavs owner Dan Gilbert to pull out of a deal to make $140 million in upgrades to Quicken Loans Arena leaves the future of...

The Cleveland Cavaliers are backing out of a deal to refurbish Quicken Loans Arena with the help of millions in taxpayer dollars, saying a referendum on the deal would lead to construction delays.

U.S. Senator Bernie Sanders criticized the Trump administration in a speech Monday hosted by the Cleveland City Club.The former Democratic presidential…

A petition drive is underway to stop the city of Cleveland from spending $88 million to help renovate Quicken Loans Arena . The Cuyahoga County...