Cleveland Cavaliers owner Dan Gilbert did indeed suffer a stroke, the CEO of Quicken Loans confirmed on Monday night.
Gilbert was hospitalized on Sunday for what his representatives initially called "stroke-like symptoms."
Jay Farner, CEO of Quicken Loans, released a statement on Sunday night thanking the public for support, adding:
"Dan was not feeling well Sunday morning so he was taken to the hospital by a family friend. While under care at the hospital, he suffered a stroke and was immediately taken in for a catheter-based procedure, then moved to recovery in the Intensive Care Unit. Dan is awake, responsive and resting comfortably. Dan and his family are immensely grateful to the doctors and nurses whose early intervention is already paying dividends toward his recovery."
Farner said the company will update the public as additional details become known.
Gilbert has owned the Cavs since 2005.
The 57-year-old introduced new Cavs coach John Beilein at a press conference Tuesday at the team’s training facility in Independence, Ohio.
Under his ownership, the Cavs have gone to five NBA Finals and won the championship in 2016, the first major sports title for any Cleveland franchise since 1964.