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11 Facts About Nick Mileti

1.

Nick Mileti was a member of the Theta Chi fraternity at BGSU.

2.

Nick Mileti became involved in sports after serving as chairman of the Bowling Green alumni association and organizing a BGSU game at the Cleveland Arena.

3.

Nick Mileti spearheaded a group that purchased the ownership rights to the Cleveland Cavaliers in 1970 to enter the league as an expansion team, paying a fee of $3.7 million; he eventually sold his twenty percent interest in the team in 1980 for $1.4 million.

4.

Nick Mileti then moved the radio play-by-play rights for the Indians and Cavaliers, as well as pioneering sports talk host Pete Franklin's Sportsline, to WWWE.

5.

Nick Mileti only paid for controlling interest with $500,000 of his own money, with the rest secured through loans.

6.

Nick Mileti was forced to name Bonda as the team's executive vice president and chairman.

7.

Nick Mileti founded and was the principal owner of the short-lived CFL team, the Las Vegas Posse in 1994.

8.

Nick Mileti became a writer in retirement; he published three books.

9.

Nick Mileti was inducted into the Cavaliers Wall of Honor in 2019.

10.

Nick Mileti died on August 21,2024, at the age of 93 in Rocky River, Ohio.

11.

In 2019, Nick Mileti was inducted into the Cavaliers "Wall of Honor", which recognizes prominent figures in team history.