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The Brooklyn Nets are an American professional basketball team based in the New York City borough of Brooklyn. The Nets compete in the National BasketballThe Brooklyn Nets are an American professional basketball team based in the New York City borough of Brooklyn. The Nets compete in the National Basketball Association (NBA) as a member of the Atlantic Division of the Eastern Conference. The team plays its home games at Barclays Center. They are one of two NBA teams located in New York City; the other is the New York Knicks. The club was established in 1967 as a charter franchise of the NBA's rival league, the American Basketball Association (ABA). They played in New Jersey as the New Jersey Americans during their first season, before relocating to Long Island, New York, in 1968 and changing their name to the New York Nets. During this time, the Nets won two ABA championships (in 1974 and 1976). In 1976, the ABA merged with the NBA, and the Nets were absorbed into the NBA along with three other ABA teams (the San Antonio Spurs, Indiana Pacers, and Denver Nuggets), all of whom remain in the league to this day. In 1977, the team returned to New Jersey and played as the New Jersey Nets from 1977 to 2012. During this period, the Nets won two consecutive Eastern Conference championships (in the 2001–02 and 2002–03 seasons), but failed to win a league title. In the summer of 2012, the team moved to Barclays Center, and took its current geographic name.
The Cleveland Cavaliers, often referred to as the Cavs, are an American professional basketball team based in Cleveland. The Cavaliers compete in the NationalThe Cleveland Cavaliers, often referred to as the Cavs, are an American professional basketball team based in Cleveland. The Cavaliers compete in the National Basketball Association (NBA) as a member of the league's Eastern Conference Central Division. The team began play as an expansion team in 1970, along with the Portland Trail Blazers and Buffalo Braves. Home games were first held at Cleveland Arena from 1970 to 1974, followed by the Richfield Coliseum from 1974 to 1994. Since 1994, the Cavs have played home games at Rocket Mortgage FieldHouse in downtown Cleveland, which is shared with the Cleveland Monsters of the American Hockey League. Dan Gilbert has owned the team since March 2005. The Cavaliers opened their inaugural season losing their first 15 games and struggled in their early years, placing no better than sixth in the Eastern Conference during their first five seasons. The team won their first Central Division title in 1976, which also marked the first winning season and playoff appearance in franchise history, where they advanced to the Eastern Conference Finals. The franchise was purchased by Ted Stepien in 1980. Stepien's tenure as owner was marked by six coaching changes, questionable trades and draft decisions, and poor attendance, leading to $15 million in financial losses. The Cavs went 66–180 in that time and endured a 24-game losing streak spanning the 1981–82 and 1982–83 seasons. George and Gordon Gund purchased the franchise in 1983. During the latter half of the 1980s and through much of the 1990s, the Cavs were a regular playoff contender, led by players such as Mark Price and Brad Daugherty, and advanced to the Eastern Conference Finals in 1992. After the team's playoff appearance in 1998, however, the Cavs had six consecutive losing seasons with no playoff action. Cleveland was awarded with the top overall pick in the 2003 draft, and they selected LeBron James. Behind James and Zydrunas Ilgauskas, the Cavaliers again became a regular playoff contender by 2005. They made their first appearance in the NBA Finals in 2007 after winning the first Eastern Conference championship in franchise history. After failing to return to the NBA Finals in the ensuing three seasons, James joined the Miami Heat in 2010. As a result, the Cavaliers finished the 2010–11 season last in the conference, enduring a 26-game losing streak that, as of 2017, ranks as the longest in NBA history for a single season and second overall. Between 2010 and 2014, however, the team won the top pick in the NBA draft lottery three times, first in 2011 where they selected Kyrie Irving, and again in 2013 and 2014. LeBron James returned to the Cavs in 2014 and led the team to four straight NBA Finals appearances. In 2016, the Cavaliers won their first NBA Championship, marking Cleveland's first major sports title since 1964. The 2016 NBA Finals victory over the Golden State Warriors marked the first time in Finals history a team had come back to win the series after trailing three games to one. The Cavaliers have made 22 playoff appearances, and won seven Central Division titles, five Eastern Conference titles, and one NBA title.