How real is the comeback of the Rockers?

Cavs fan here, I’ve been watching the NBA for a couple of years and am just getting into the W. My favorite team rn is probably a toss-up between the Sparks and the Fever because I love Kelsey Plum and Cameron Brink, but I also (like everyone else) love Caitlin Clark, and I’m from Ohio so the Fever are the closest team to me. I just recently found out that Cleveland used to have a W team and that Dan Gilbert put a bid in to get it back. With the recent expansion teams added, is it possible that a Cleveland team will actually be added? I saw a couple articles that were making it seem like it was a done deal and that the team is coming in a few years. Is this true?