Mark Cuban Awards $35M in Employee Bonuses Following Mavericks Stake Sale

1 min read
Source: Deadline
Mark Cuban Awards $35M in Employee Bonuses Following Mavericks Stake Sale
Photo: Deadline
TL;DR Summary

Mark Cuban, after selling his majority stake in the Dallas Mavericks to the Las Vegas Sands casino company families for $3.5 billion, has decided to give $35 million in bonuses to the team's employees as a gesture of gratitude for their contributions to the organization. The bonuses will be distributed based on the duration of each employee's service with the Mavericks. Additionally, Cuban announced that the upcoming 16th season of the reality show Shark Tank will be his last.

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