Mark Cuban explains why he sold his majority stake of the Dallas Mavericks
Posted on AllSides December 28th, 2023
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DALLAS — Mark Cuban sees a future of NBA ownership where the advantages will be in real estate. The high-profile billionaire says that’s why he sold his majority stake in the Dallas Mavericks to a pair of families with strong ties to the hotel and casino industry. The NBA on Wednesday approved Cuban’s sale of a controlling interest in the Mavericks to the Adelson and Dumont families, who run Las Vegas Sands Corp. The deal was approved just shy of a month since Miriam Adelson and Sivan and Patrick Dumont...