Mark Cuban Rewards Mavericks Staff with $35M in Bonuses Amid $3.5B Team Sale

1 min read
Source: New York Post
Mark Cuban Rewards Mavericks Staff with $35M in Bonuses Amid $3.5B Team Sale
Photo: New York Post
TL;DR Summary

Mark Cuban, after selling his majority stake in the Dallas Mavericks to a group led by Dr. Miriam Adelson, is distributing approximately $35 million in bonuses to team employees as a gesture of gratitude. The bonuses are calculated based on the employees' tenure with the Mavericks. Cuban retains a 27% stake in the team and will continue to run basketball operations, although Patrick Dumont from the new ownership group will have the final say.

Share this article

Reading Insights

Total Reads

0

Unique Readers

1

Time Saved

1 min

vs 2 min read

Condensed

75%

29274 words

Want the full story? Read the original article

Read on New York Post