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Published 3 months ago

Mark Cuban selling majority stake in Dallas Mavericks, report says

  • Mark Cuban is selling a majority stake in the Dallas Mavericks to Miriam Adelson and the Adelson family, but he will retain some shares and full control over basketball operations.
  • Dr. Miriam Adelson plans to sell $2 billion of Sands stock to fund the purchase of the Mavericks, with the Adelson family buying a majority share for $3.5 billion.
  • The deal values the Mavericks at around $3.5 billion.
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