Mark Cuban is selling a majority stake of the Dallas Mavericks. The NBA approved the sale earlier this week, which will result in casino mogul Miriam Adelson and her family, purchasing a large stake of the basketball team’s stakes.
Meet Elon Musk’s brother, Kimbal MuskElon Musk warns Taylor Swift of ‘popularity decline’: Fans respond“I am excited to spend time cheering on the team and getting to meet members of its passionate fan base,” said Adelson. “Everywhere we have a business presence, our top priority has been to empower our team members and engage with the local community in a meaningful way.
I very much look forward to bringing that same commitment to Dallas and the greater DFW area.”Cuban discussed the partnership and stressed that the sale wouldn’t affect the team in any way. "Nothing's really changed except my bank account," he said. "I feel really good.
I think it's a great partnership. It's what the team needed on the court and off. I'll still be overseeing the basketball side of it, but having a partner like Patrick and Sivan and Miriam and their ability to build and to redevelop the arena and whatever comes next beyond that just puts us in a much better position to compete.
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