Mark Cuban Selling Majority Stake Of Mavericks, But Will Still Control Basketball Operations, Per Report

2023-11-29 32

Mark Cuban is reportedly set to sell a majority stake in the Mavericks to Miriam Adelson and the Adelson family, according to Shams Charania of The Athletic. Cuban will reportedly sell a large portion of his stake at a valuation of $3.5 billion, but will maintain full control of basketball operations, per the report from Charania.