Quicken Loans Arena, is a multi-purpose arena, in downtown Cleveland, Ohio, United States. Until August 2005, it was known as Gund Arena, named for Gordon Gund, a former owner of the Cleveland Cavaliers basketball team, after he paid for the naming rights. The building is the home of the Cleveland Cavaliers of the National Basketball Association (NBA), the Lake Erie Monsters of the American Hockey League (AHL), the Cleveland Gladiators of the Arena Football League (AFL), the Mid-American Conference (MAC) Basketball Tournaments, and the Cleveland Crush of the Lingerie Football League (LFL).
The arena is built on the site of the former Central Market, a fruit and vegetable market that dated back to 1856. It replaced the Coliseum at Richfield, which was located between Cleveland and Akron. Part of the Gateway Project to revitalize downtown Cleveland, the arena and sibling Progressive Field were paid for with a sin tax on alcohol and tobacco. The Q seats 20,562 for basketball, including 2,000 in the club seats, and 92 luxury suites. It is owned by the Gateway Economic Development Corporation, which leases it to the Cavaliers.