Mark Cuban Awards $35M in Bonuses to Mavericks Staff Amid Team Sale
TL;DR Summary
Mark Cuban, the outgoing owner of the Dallas Mavericks, has announced a plan to distribute over $35 million in bonuses to team employees following the sale of his majority stake in the franchise to Miriam Adelson and her family. The bonus structure considers the employees' tenure with the Mavericks, and the payouts are a gesture of gratitude for their contributions to the organization. The NBA Board of Governors has approved the sale, which comes after Cuban's successful tenure that included an NBA championship in 2011. The Mavericks are currently performing well in the season, holding the seventh spot in the Western Conference standings.
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