Cavaliers pull share of funding for Quicken Loans Arena upgrades

Tthe Cleveland Cavaliers on Monday pulled their participation in funding renovations for Quicken Loans Arena because a proposed referendum has forced delays.

The $140-million makeover, half of which was to be funded by the Cavs organization, was to provide more space for dining and gathering, among other upgrades. The project was supposed to help the city attract events like NBA All-Star weekend for 2020 or 2021.

The Cavaliers agreed to refurbish 40 gym courts and floors in the city’s rec centers and all Cleveland Metropolitan School District high schools as part of the project, according to a news release sent out by the team.

A group called the Greater Cleveland Congregations opposed the upgrades because they believe the money should be used to renovate inner-city neighborhoods.

Quicken Loans Arena is one of the older ones in the NBA. The Cavaliers said in the news release that they’re pulling out because the referendum will cause delays in the construction and will ultimately add to the cost.

As part of the renovations, the…

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