Cleveland Browns pass rusher Myles Garrett purchased a minority stake in the Cleveland Cavaliers, the team announced on Wednesday.

Garrett will also serve as a brand ambassador for the team.

"As a leader on and off the field, Myles has become a Cleveland icon and shares in our organization's commitment to being a transformative force for good across the region," said owner Dan Gilbert in a statement.

Garrett signed a five-year, $125 million extension with the Browns in 2020.