Cavs Owner Dan Gilbert spending 1 Mill to give all employees championship rings

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I don't like the guy for his letter but this is a good gesture. Probably the last ring the Cavs will have considering how stack the Warriors are now.
 
Man, I am detecting a lot of jealousy here. The guy is a great success and treats employees very well. That's what this thread is about, how he has treated his employees to a thoughtful "bonus." Calling him a "piece of shit" because of some letter he wrote that you don't like is going a bit too far.

This PR move must be working. Great way to buy off the local news.
 
Really cool thing for the owner to do. Instills that everyone from the ticket guy to the cleaner helped the organisation.
 
Don't most teams do this. The Heat did this for every championship. I wouldn't be surprised if this was Lebrons idea that he stole from the Heat and forced Gilbert to do it.
 
Man, I am detecting a lot of jealousy here. The guy is a great success and treats employees very well. That's what this thread is about, how he has treated his employees to a thoughtful "bonus." Calling him a "piece of shit" because of some letter he wrote that you don't like is going a bit too far.

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You seem to be having a hard time reading things.
 
Man, I am detecting a lot of jealousy here. The guy is a great success and treats employees very well. That's what this thread is about, how he has treated his employees to a thoughtful "bonus." Calling him a "piece of shit" because of some letter he wrote that you don't like is going a bit too far.
Listen, you've obviously enjoyed your personal interactions with him, which says a lot about your ability to judge character, considering:

As much as the Warriors and their trophy-fucking owner get made fun of around here, Gilbert’s sins extend far, far beyond writing the sports equivalent of a runaway slave letter to LeBron James in comic sans. He is a bad man whose companies have helped destroy large swaths of largely poor and largely minority urban areas, and he should be held in contempt, not celebrated.
Dan Gilbert made most of his fortune through owning Quicken Loans, which has grown to become the country’s largest online mortgage lender, and third-largest mortgage lender overall. In getting there, Quicken engaged in many of the same predatory lending practices that precipitated the 2008 financial crisis, and has been the subject of numerous lawsuits across the country, in which some of their heinous lending practices have been laid bare.

The best-known case is that of West Virginians Lourie Jefferson and Monique Brown, who won an almost $3 million total judgement against Quicken (after years of appeals over the amount of the judgement, Quicken “settled for the full verdict that came to nearly $2.7 million with interest,” according to Jefferson and Brown’s lawyer). The judged ruled Quicken’s actions to be legally “unconscionable,” and found that the company committed fraud and violated the West Virginia Consumer Credit and Protection Act when it, among other things, failed to properly disclose that Jefferson and Brown’s loan contained an outrageous provision for a balloon payment of $107,015.71 to be paid at the end of 30 years.
In another case, Quicken settled with the Federal Deposit Insurance Corporation for $6.5 million for allegedly selling “soured loans” (Quicken did not admit to wrongdoing), and then told the LA Times they didn’t believe the settlement would be made public:

Quicken Loans spokeswoman Paula Silver expressed surprise that the settlement became public, saying officials at the lender had believed that would not occur. “Quicken Loans and the FDIC entered into a ‘confidential’ agreement nearly three and a half years ago which clearly states that no party admits liability nor wrongdoing,” Silver said in a statement.
The biggest blow to Quicken’s self-professed image of squeaky-clean lending processes is potentially yet to come, though. Last year the federal government sued Quicken Loans for allegedly underwriting hundreds of Federal Housing Administration-insured loans in ways that violated the False Claims Act. The case will likely take years to resolve; should Quicken lose, it could cost the lender hundreds of millions of dollars. (Gilbert has said the government is seeking a “nine-figure settlement,” and denied the charges.)
In the largest overtime pay class action lawsuit—covering hundreds of former employees—to go to trial to date (Quicken won), former employees described a wide range of deceptive behaviors. According to a Center For Public Integrity report, one former Quicken salesman said in a sworn statement that he and his colleagues increased profits by “locking the customer into a higher interest rate, even if they qualified for a lower rate, and rolling hidden fees into the loan.”

Another former Quicken employee explained in court papers how she screwed over a customer with cancer:

She recalled selling a loan to a customer who had cancer and needed cash to pay medical bills: “I could have offered him a home equity line of credit to pay these bills but, instead, I sold him an interest-only ARM that re-financed his entire mortgage. This was not the best Quicken loan product for him, but this was the one that made the company the most money.”
Gilbert’s Rock Ventures—the holding company for his numerous business ventures—employs hundreds of security guards and has installed over 500 security cameras in downtown Detroit, and the entire operation is run out of a Las Vegas casino-like security war room in one of his buildings. Rock Ventures doesn’t like to talk about this quasi-police force (though after sustained criticism they did let a reporter tour the security center), and of course they aren’t subject to any of the usual laws or even norms that governs the public’s right to obtain information on and demand oversight of the police. Rock Ventures takes this so seriously that they’ve installed their cameras on other people’s property without permission. (Gilbert called the journalist who first reported the story “dirty scum.”)
To fend off as much negative coverage of his activities as possible, Gilbert takes an extremely hostile line with the press. He makes transgender barbs about reporters he doesn’t like, sends “vile emails” to newspaper executives, leans on brand partners to delete posts with innocuous jokes, and is notorious for sending (allegedly drunken) angry late-night emails to reporters. And those are just some of the known incidents that have been reported.
Gilbert is a piece of shit. Please continue to defend him, though.
 
I love that out of his entire response, that's all you could find fault with.
At that time, i knew responding would be useless. Like this:
Man, I am detecting a lot of jealousy here. The guy is a great success and treats employees very well. That's what this thread is about, how he has treated his employees to a thoughtful "bonus." Calling him a "piece of shit" because of some letter he wrote that you don't like is going a bit too far.
No jealousy. I love the cavs and LeBron but only because of Bron. But facts are facts. Gilbert is the luckiest son of a bitch in the NBA, only equaled by the fact that LeBron is taking a shit load from him, in forcing him to pay the luxury tax and finance LeBron's dreams. Pay 30 mil and stack JR's salary on top? Fuck you, pay me.

But i get it,dan wanted you on that stage for the lottery pick and you'll defend your dad to the death. It's cool. It'll take, until you are at least 30 before you question his judgement. Everyone goes thru this.
 
Listen, you've obviously enjoyed your personal interactions with him, which says a lot about your ability to judge character, considering:







Gilbert is a piece of shit. Please continue to defend him, though.

indeed he is, if you know anything about Quicken Loans then you know Gilbert is a scumbag.

Plus the way he ripped into Lebron after Lebron chose to work somewhere else, definitely had a paternalistic "how dare this employee change employers?! I OWN HIM" vibe to it
 
Don't forget to send one to the people who suspended Draymond.

And to Draymond for allowing himself to be suspended.
Now this is some good salt. Dudes will be saying this for a decade. If you watch that NBA video of the cavs season, they talk about each finals game, in depth. But they never mention what Dray did in games 5 and 6. I was watching the game 6 part, like, 'hmm, why isn't Dray on LeBron, must be getting rest on the bench.'

:trollface
 
Great stuff they all should be apart of history taking out the best regular season team (record wise) of all time and coming back down 3 -1 vs them in the finals. Never Forget
 
Now this is some good salt. Dudes will be saying this for a decade. If you watch that NBA video of the cavs season, they talk about each finals game, in depth. But they never mention what Dray did in games 5 and 6. I was watching the game 6 part, like, 'hmm, why isn't Dray on LeBron, must be getting rest on the bench.'

:trollface

If you lose to a team that at times was rolling Richard Jefferson out there as their 3rd best player, you have nobody to blame but yourself, no matter who was suspended.
 
Man, I am detecting a lot of jealousy here. The guy is a great success and treats employees very well. That's what this thread is about, how he has treated his employees to a thoughtful "bonus." Calling him a "piece of shit" because of some letter he wrote that you don't like is going a bit too far.

Dan Gilbert is a gigantic piece of shit and it has nothing to do with his basketball team. And this is coming form me, arguably the biggest fan of the Cleveland Cav on this forum.
 
How generous that he spends $1 million of the tens of millions he pockets from having LeBron James' presence on his miserable ass franchise and city.
He's such a great billionaire.

Dan Gilbert is consistently one of the most amazing and gracious people I have had the pleasure to interact with regularly. IDK what you're talking about. If this is about "the letter" , you'll be surprised to know that he is loved for it here, and loved even more for his ability to get past it and swallow his pride in his presentation that resulted in "the return".
Lmao.
 
My predatory loan lending days are behind me.

:D

You guys are going to be fun to watch this year. Congrats in advance for the #1 seed in the East.

You know the fun part about getting a ring? You don't really have to give a fuck anymore as a fan. Everything that happens from here on is just gravy. I'll be happy no matter how the season ends. If anything, I'd like to see another brand new champ. This feeling is second to very few. Every time I think about my boys, I smile.
 
Man, I am detecting a lot of jealousy here. The guy is a great success and treats employees very well. That's what this thread is about, how he has treated his employees to a thoughtful "bonus." Calling him a "piece of shit" because of some letter he wrote that you don't like is going a bit too far.

Dan Gilbert stanning is not something I ever thought I'd see.
 
A Dan Gilbert stan on NeoGAF. Well I'll be.

I went back to school recently, one of my favorite professors was in marketing. He was an assistant to the prior owners of the Cavs who died a few years ago.

His self-deprecation and the absurd stories he would tell was basically the best full credit Cleveland course available.
 
Due to the large price of the gift, I wonder if this would be treated as taxable for the employees (I'm assuming it would).

Hopefully if it is, he will take care of the tax on it otherwise the employees are in for a nasty shock.
 
This is what happens when you think you can kick people in the dick all the time

Damn right, Draymond was an imbecile during that post-season. I'm still mad that JR Fuckball is a NBA champ though and it's easier to blame Draymond than admitting the monumental choke job by Steph.
 
Damn right, Draymond was an imbecile during that post-season. I'm still mad that JR Fuckball is a NBA champ though and it's easier to blame Draymond than admitting the monumental choke job by Steph.

I for one am happy that JR Smith huck'd n chuck'd his way to a title

As a proud Clevelander my only reply to this post is a simple fuck off

As a true Hawaiian I think you should probably relax bruh
 
If I worked for the org. I would prefer to just get the cash value, but good on him I suppose.

This will be a collectible in a few decades, I think its value will improve over time. Plus, in 120 years they will become a rare antique with a good story to go with them. Anyone who manages to keep their ring in their family will have that to add to the value if it's ever needed.
 
This will be a collectible in a few decades, I think its value will improve over time. Plus, in 120 years they will become a rare antique with a good story to go with them. Anyone who manages to keep their ring in their family will have that to add to the value if it's ever needed.

I doubt these things are ever going to be especially value. Even less so if these rings are different from the ones actual players and staff get.
 
Screw the employees. The fans should get rings. Season ticket holders definitely should and then the first X number of fans that sign up should get one.
 
Just got word that my ring is in the mail!

I always knew I would be rewarded for BeCleving in the darkest times.
 
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