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Cavs Issue Update On Owner Dan Gilbert's Health

Dan Gilbert during a media event.

SUN VALLEY, ID - JULY 13: Dan Gilbert, founder of Quicken Loans and Rock Ventures and owner of the Cleveland Cavaliers basketball team, attends the annual Allen & Company Sun Valley Conference, July 13, 2018 in Sun Valley, Idaho. Every July, some of the world's most wealthy and powerful businesspeople from the media, finance, technology and political spheres converge at the Sun Valley Resort for the exclusive weeklong conference. (Photo by Drew Angerer/Getty Images)

Cleveland Cavaliers owner Dan Gilbert was hospitalized in Michigan on Sunday. The 57-year-old businessman suffered a stroke.

Gilbert is the founder of Quicken Loans and Rock Ventures and a Detroit native. Thanks to the latest update from Quicken Loans CEO Jay Farmer, we have further details as to what led to Gilbert's hospitalization.

Gilbert felt ill yesterday morning and was taken to the hospital. While there, he suffered a stroke, but is beginning to make a recovery.

"Dan is awake, responsive and resting comfortably," Farmer's statement reads. "Dan and his family are immensely grateful to the doctors and nurses whose early intervention is already paying dividends toward his recovery."

Gilbert has owned the Cavs since 2005. He also owns several other franchises, including the AHL’s Cleveland Monsters, the Arena Football League’s Cleveland Gladiators, and the NBA G League’s Canton Charge.

Gilbert was also linked to the MLB's Detroit Tigers back in the fall.

Our thoughts and prayers are with Gilbert as he recovers from this health scare.