Listing the most valuable NBA franchises after Mark Cuban sells stake of Mavericks
Posted on AllSides November 29th, 2023
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It's a great time to own an NBA team -- just ask Mark Cuban. The billionaire businessman reportedly sold his majority stake in the Dallas Mavericks on Tuesday for a whopping $3.5 billion. Better yet, Cuban worked out a deal with the buyers (Adelson family) so that he could retain control of basketball operations and keep shares in the team. Cuban bought the Mavericks for $285 million in 2000, netting him a $3.215 billion profit for the transaction. With Cuban's deal in mind, here's a look at the most valuable...