According to news sources, David Blitzer is reported to buy Cleveland Guardian. It is said that the owner of the team is looking for a minority shareholder after John Sherman placed his shares of the team in escrow to purchase Kansas City Royals in 2019.
According to Forbes, the team is worth $1.16 billion. The current owner’s family fueled $323 million in 1999. If David invests 35%, it will probably be handsome money. Nonetheless, the investor has not confirmed the rumors by himself.