Posted on 11/28/2023 4:27:15 PM PST by ConservativeStatement
Mavericks governor Mark Cuban is in the process of selling majority interest of the franchise to Miriam Adelson, the widow of Las Vegas casino magnate Sheldon Adelson, a person familiar with negotiations confirmed to The Dallas Morning News.
Cuban, 65, would maintain operational control, even though the Adelson family would own a greater than 50% stake, the person said, without divulging the percentage that the Adelsons will purchase.
(Excerpt) Read more at dallasnews.com ...
Is this not a great time to raise ca$h?
Didn’t he once state he would run for POTUS in 2024?
“Mark Cuban bought Mavericks for $285 million, now worth $2.7 billion
August 1, 2022”
So roughly speaking, Cuban will get 1.4 billion dollars or more. Why would Mrs Adelson buy a sportsball team? I don’t get it.
Never thought Cuban would give up the Mavericks.
Now if only Jerry Jones would sell.
Cuban is a smug leftist a-hole IMHO.
I think the anticipation that sports betting becomes legal in Texas, build a casino, attach it to the team/new arena and go from there.
Heard today Mark Cuban is leaving Shark Tank after ten years. Somebody is checking out...
Rick kids and their toys.
Kyrie wrecks everything.
Why would Mrs Adelson buy a sportsball team?
Entertainment is BIG money.
My question, why would someone with $5 billion sell anything?
he seems like he’s been itching to run for President for a while
“I think the anticipation that sports betting becomes legal in Texas, build a casino, attach it to the team/new arena and go from there.”
So Cuban should have kept the Mavericks and done this himself. But perhaps he did not want to spend or borrow the money. So maybe Cuban is smarter.... Cuban still owns a good chunk of the Dallas Mavericks. So his stake will increase in value if Miriam Adelson does what you say.
Moving the team to vegas........always a sell out with free tickets to gamblers payed for by casinos
Multimillionaire pays labor to drive him out of ownership and having to sell to multibillionaire.
Cuban-vs-Newsom would be worth a bag of popcorn. Sleepy Joe could referee from the basement.
Rumor is Cuban would have minority ownership of Las Vegas’ Mavs franchise along with operational control. Then, when Dallas is awarded an expansion team he would become the owner of the new team. So he’ll be double-dipping on NBA franchises, but likely giving up the operational control of Las Vegas once Dallas’ new team goes live.
What I hear is Cuban wants to move Casinos here to Dallas.
Bad idea! Do Not Want!
Going more for Pickle ball?
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