Mark Cuban to Sell Majority Stake in Dallas Mavericks to Adelson Family
TL;DR Summary
Dallas Mavericks owner Mark Cuban is reportedly in talks to sell a majority stake in the NBA franchise to the family that runs the Las Vegas Sands casino, with the deal estimated to be valued at $3.5 billion. Cuban would retain control of basketball operations, and the sale would take weeks for the league to process. The family of Miriam Adelson, widow of casino magnate Sheldon Adelson, announced earlier their intention to buy an unspecified professional sports team.
- Mark Cuban working on sale of NBA's Mavericks to Sands casino family, AP source says NPR
- Report: Mavericks owner Mark Cuban selling majority stake to billionaire Miriam Adelson, will retain control of team Yahoo Sports
- Mark Cuban selling Dallas Mavericks majority stake to Adelson family CNBC Television
- Top Sands shareholder Adelson selling $2B in stock to buy Dallas Mavericks Las Vegas Review-Journal
- Sources - Mark Cuban nears sale of Mavericks stake to Adelson family ESPN
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