{"id":68582,"date":"2023-11-29T02:12:00","date_gmt":"2023-11-29T02:12:00","guid":{"rendered":"https:\/\/talkcelnews.com\/?p=68582"},"modified":"2023-11-29T02:12:00","modified_gmt":"2023-11-29T02:12:00","slug":"mark-cuban-sells-majority-stake-in-nbas-dallas-mavericks","status":"publish","type":"post","link":"https:\/\/talkcelnews.com\/celebrities\/mark-cuban-sells-majority-stake-in-nbas-dallas-mavericks\/","title":{"rendered":"Mark Cuban Sells Majority Stake In NBA's Dallas Mavericks"},"content":{"rendered":"

\"\"<\/p>\n

Big news out of Big D … Mark Cuban<\/strong> is selling his majority stake in the NBA’s Dallas Mavericks, while still holding onto the reigns in basketball operations.<\/p>\n

The billionaire is selling his majority stake to Miriam Adelson<\/strong> … TMZ Sports has confirmed.<\/p>\n

\"\"<\/p>\n

While Mark is selling a stake reportedly valued at $3.5 billion, he will retain some shares in the team and be the lead decision-maker when it comes to basketball ops.<\/p>\n

\"\"<\/p>\n

Cuban bought the team in 2000 for $285 million, so he\u2019s getting a huge return on investment!<\/p>\n

Miriam is the billionaire widow and heiress of Sheldon Adelson<\/strong> and his Las Vegas casino empire … Forbes has her net worth at $32.3 billion, making her the fifth richest woman in the world.<\/p>\n

Our sources say Adelson has plans to build a new arena for the Mavs, and, if a gambling bill passes in Texas, we\u2019re told she might also build a casino in Dallas.<\/p>\n

Miriam is reportedly selling $2 billion of her shares in Las Vegas Sands Group to make the Mavs purchase.<\/p>\n

\"\"<\/p>\n

Under Cuban, the Mavericks have been perennial contenders in the NBA’s Western Conference, winning the franchise’s first and only NBA championship in 2011, defeating LeBron James<\/strong> and the Miami Heat.<\/p>\n

Earlier this week, Cuban revealed he’s leaving ABC’s “Shark Tank” after the upcoming 16th season.<\/p>\n

\"\"<\/p>\n

Lots going on in Mark\u2019s world \u2026 including cohosting \u201cTMZ\u2019s Merry Elfin\u2019 Christmas\u201d special, premiering Dec. 5 in primetime on Fox!<\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Big news out of Big D … Mark Cuban is selling his majority stake in the NBA’s Dallas Mavericks, while<\/p>\n","protected":false},"author":2,"featured_media":68581,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"\nMark Cuban Sells Majority Stake In NBA's Dallas Mavericks - talkcelnews.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/talkcelnews.com\/celebrities\/mark-cuban-sells-majority-stake-in-nbas-dallas-mavericks\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mark Cuban Sells Majority Stake In NBA's Dallas Mavericks - talkcelnews.com\" \/>\n<meta property=\"og:description\" content=\"Big news out of Big D … Mark Cuban is selling his majority stake in the NBA’s Dallas Mavericks, while\" \/>\n<meta property=\"og:url\" content=\"https:\/\/talkcelnews.com\/celebrities\/mark-cuban-sells-majority-stake-in-nbas-dallas-mavericks\/\" \/>\n<meta property=\"og:site_name\" content=\"talkcelnews.com\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-29T02:12:00+00:00\" \/>\n<meta name=\"author\" content=\"Louise\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/talkcelnews.com\/wp-content\/uploads\/2023\/11\/Mark-Cuban-Sells-Majority-Stake-In-NBAs-Dallas-Mavericks.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Louise\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/talkcelnews.com\/celebrities\/mark-cuban-sells-majority-stake-in-nbas-dallas-mavericks\/\",\"url\":\"https:\/\/talkcelnews.com\/celebrities\/mark-cuban-sells-majority-stake-in-nbas-dallas-mavericks\/\",\"name\":\"Mark Cuban Sells Majority Stake In NBA's Dallas Mavericks - 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