CLEVELAND, Ohio — Officials from the Cleveland Cavaliers, city of Cleveland and Cuyahoga County will make a “major announcement” Tuesday afternoon about the future of Quicken Loans Arena.

Cavs owner Dan Gilbert, Quicken Loans CEO Jay Farner, Cleveland Mayor Frank Jackson, county Executive Armond Budish, along with Cavs CEO Len Komoroski and General Manager Koby Altman will be in attendance.

A news release issued by the Cavs on Monday offered no further details. The announcement is scheduled for 12:30 p.m. at the Q.

Cleveland.com reporters will cover the announcement live.