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[Charania] Sources: Mark Cuban is selling a majority stake of the Dallas Mavericks to Miriam Adelson and casino tycoon Adelson family for valuation in range of $3.5 billion. In one of most unique setups in NBA history, Cuban keeps shares in team and full control of basketball operations.
Sources: Mark Cuban is selling a majority stake of the Dallas Mavericks to Miriam Adelson and casino tycoon Adelson family for valuation in range of $3.5 billion. In one of most unique setups in NBA history, Cuban keeps shares in team and full control of basketball operations. pic.twitter.com/9iTqZvoGX1
— Shams Charania (@ShamsCharania) November 28, 2023
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View Reddit by SpiritedSuccess5675 – View Source
Not a big fan of any deal that makes the Adelson’s more wealthy.
Is he beefing up for a huge announcement regarding the abysmal state that is Dallas sports broadcasting?
Something’s up with him. Just this week he announced he was leaving shark tank too.
He bought the team for $285 million. I need to invest into a sports franchise.
Seems to me he is finally going to invest the time needed for Baldur’s Gate 3
So that’s how Tom Allen’s contract buyout was paid for.
senator of Tx..?
Cuban said last year that he hopes to move the Mavericks to a new arena that would be “in the middle of a resort and casino” this was planned for a while. Cuban is a total POS for this.
I think his investments in Dextreme Industries really put him in a terrible position where he had to sell off the Mavericks.
I wonder what Cuban’s up to.
either he is going into politics or he is looking to put all his eggs into his pharma company (doubtful on the last one)
Leaving Shark Tank too.
Is this a move to run for President?
Cuban is going to spend about $1B of his own money to run for POTUS in 2028 and will have absolutely nothing to show for it. Except a large stockpile of “CUBAN ’28” hats.
So he’s going to be the next Robert Sarver
Same family of mega maga donor Sheldon “The Turtle” Adelson, so clearly they have more money than brains
Just did some light reading on Miriam Adelson, and she sounds like quite a shitty human.
3.5 billion? Why is that even a level of wealth we are able to achieve
It’s all about ROI.
RADIO. ON. INTERNET.
Great photo.
Is he going to run for governor?
Seems to me Las Vegas is about to land its fourth major professional sports franchise.
Fuck Miriam Adelson.
My wild guess is that this transaction was preceded and precipitated by an under-the-table and behind-the-scenes agreement to sell the team to Saudi Arabia who seems to have made a sport of buying sports teams lately. Mark probably wouldn’t agree to attach his name to that, but he does love money.
I’m going to be I pay more taxes on my salary than he pays on his billions