In 2005, Dan Gilbert dropped $375 million on a majority stake in the Cleveland Cavaliers basketball team. Just two years earlier, the Cavs had acquired the most promising young athlete in the league by drafting LeBron James, and now Gilbert intended to elevate the whole operation to world-class standing. “Execution will be the name of the […]
Our new issue, “From Socialism to Populism and Back,” is out now. Get a discounted $20 print subscription today.