Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTVardah GillMon, June 29, 2026 at 8:32 PM GMT+2 1 min readWith an annual dividend yield of 10.74%, Blue Owl Capital Inc. (NYSE:OWL) is included among the Top 10 Dividend Stocks with 10%+ Yield.Blue Owl Capital Eyes Minority Investment in Cleveland Cavaliers, Bloomberg ReportsOn June 25, Bloomberg reported that Blue Owl Capital Inc. (NYSE:OWL) is in advanced talks to acquire a minority stake in the NBA's Cleveland Cavaliers, citing people familiar with the matter.According to the report, the investment would be made through Blue Owl's Dyal HomeCourt Partners fund. The people, who were not authorized to speak publicly about the discussions, said the fund already holds stakes in the Atlanta Hawks, Sacramento Kings, and Minnesota Timberwolves.A person familiar with the situation said the stake is expected to be between 5% and 10%. Sportico values the Cavaliers at $4.86 billion, making the franchise the 16th most valuable team in the NBA. Blue Owl and the Cavaliers declined to comment.Blue Owl Capital Inc. (NYSE:OWL) is an alternative asset management company. It deploys private capital across its Credit, Real Assets, and GP Strategic Capital platforms on behalf of institutional and private wealth clients.While we acknowledge the potential of OWL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.READ NEXT: 10 Best Dividend Stocks to Buy for Passive Income and