Mark Cuban, the billionaire entrepreneur, has sold a majority stake in the Dallas Mavericks, valued at $3.5 billion, to the Adelson and Dumont families of the Las Vegas Sands Corp. This sale has led to significant changes in the NBA landscape. Cuban informed Mavericks employees that he would retain a 27% minority interest in the team and remain an active partner, overseeing the basketball operations as usual. Additionally, he announced that $35 million in bonuses would be distributed among the team's employees. The Adelson and Dumont families have also expanded their investment by purchasing over a dozen acres of land across from the American Airlines Center, where the Mavericks play their home games.
Dallas Mavericks employees learned that they’ll be seeing a reward for their work and dedication to the team. https://t.co/jebuGQaJkO
'Each of You Will Be Receiving a Bonus': Mark Cuban Announces Massive Payout to Mavericks' Employees — Here's How Much https://t.co/om4TMzAwp1
.@dallasmavs employees will get a share of $35 million in bonuses from Mark Cuban and the Adelson and Dumont families. https://t.co/qdrbhznREA
Cuban, Adelson family to pay Mavericks employees $35M in bonuses https://t.co/RqmNKilrxp via @reviewjournal
Working for Mark Cuban seems like a good bet. The billionaire and now-former majority owner of the Dallas Mavericks announced to his team's employees that he would be dishing out $35 million in bonuses, according to multiple reports. https://t.co/kSAqqCpqQS
‘Shark Tank’ Star Mark Cuban Will Give Millions In Bonuses To His Dallas Mavericks Employees https://t.co/QiZcDbTnXy
'Shark Tank' Star Mark Cuban Will Give Millions In Bonuses To His Dallas Mavericks Employees https://t.co/yPhRxsNzq4
Mark Cuban giving $35 million in bonuses to Dallas Mavericks employees after team sale https://t.co/Zy1OwestoG
Mark Cuban Is Giving Mavericks Employees $35 MILLION In Bonuses As A Thank You For All Their Hard Work After Selling The Team https://t.co/mjYfWXLnEA https://t.co/qs6XQkSWq0
They should probably thank Ackman for this too... Former majority owner Mark Cuban tells Dallas Mavericks employees he’ll distribute $35M in bonuses https://t.co/jgIm2GneLp via @Yahoo
Mark Cuban alerted Mavericks employees Friday they’d collectively receive approximately $35 million in bonuses as a result of selling his majority stake to Miriam Adelson and her family. More from @HuntPatterson_ and @tim_cato ⤵️ https://t.co/Qk2htQxPmq
Mark Cuban Gives Dallas Mavericks Employees $35 Million In Bonuses https://t.co/xDWco0I88f
Mark Cuban, Mavericks paying employees $35M in bonuses #MarkCuban https://t.co/otzWMkHkMk
Mark Cuban, Mavericks paying employees $35M in bonuses after sale of majority stake https://t.co/EMcKu3uwDr https://t.co/RXr7BElyM1
Mark Cuban Paying Mavs Employees $35 Mil In Bonuses After Selling Stake In Team | Click to read more 👇 https://t.co/Yy6MRXl1Rl
Mavericks employees received a tremendous post-holiday gift courtesy of Mark Cuban https://t.co/SB9iEVLD82 https://t.co/qSUF8aIgkU
Cuban tells Mavericks employees of plan to pay out $35M in bonuses https://t.co/JBMqstfWb3 https://t.co/R4U3zX3XoD
Mark Cuban is giving back to his Mavericks employees. 👏 https://t.co/VJdLOGkfMy
Mark Cuban reportedly plans to pay approximately $35M in bonuses to all Dallas Mavericks employees after selling his majority stake in the team https://t.co/TToaXD7fKb
PBD to Mark Cuban: “Do you know what team is the whitest team in the NBA? The Dallas Mavericks. What the hell are you talking about DEI?!?” 🤣🤣 https://t.co/10c9LelIAg
Cuban feeling generous after selling a majority stake in the Mavs 😮💰 (via @espn_macmahon) https://t.co/tmqcWh5Q0T
After selling a majority stake in the Mavericks, Mark Cuban sent an email to Mavs employees today with plans to pay out $35 MILLION in bonuses. https://t.co/V2mNEiBXli
Last month, Mark Cuban sold a majority stake in the Dallas Mavericks at a $3.5 billion valuation. Today, Cuban emailed all Mavericks employees, letting them know the team will be paying them approximately $35 million in bonuses. That's awesome 👏 (h/t @espn_macmahon) https://t.co/jKPy8wDINg
This was Cuban's formal announcement to team employees that he has "sold a significant majority interest in the Mavs" to the Adelson and Dumont families of Las Vegas Sands Corp. As previously reported here, Cuban retains a 27% minority interest. More NBA: https://t.co/A6ycVmnrjq https://t.co/cPYvWnCbGO
Mark Cuban informed his employees via email that he plans on giving out $35M in bonuses after he sold majority stake in the Mavs, via @espn_macmahon Excellent move by Cuban. 👏 https://t.co/XigWiaTwIx
An email from Mark Cuban to Mavs employees informing them of a plan to pay approximately $35M in bonuses in the wake of selling a majority stake of the franchise: https://t.co/omoamjRA1H
In a message today to Mavericks employees and obtained by @TheSteinLine, Mark Cuban announced that "I will stay an active partner ... and work as usual handling and overseeing the basketball side of things." Cuban added that $35 million in bonuses will be paid out "to you all."
Mark Cuban is selling more of his assets to the Adelson and Dumont families — the Mavericks’ new majority owners. A company set up by the families has purchased more than a dozen acres directly across I-35 from American Airlines Center. MORE » https://t.co/gj9o1mbNQW https://t.co/Zi9pALXNuR
Mark Cuban says the changing NBA landscape led to his sale of the Dallas Mavericks to casino families https://t.co/HPMdUnM41Y
Mark Cuban, after announcing his departure from "Shark Tank," is now making headlines by selling his majority stake in the NBA's Dallas Mavericks. https://t.co/MyOM7u1gAb
ICYMI -- Mark Cuban Sells Majority Stake In NBA's Dallas Mavericks | Click to read more 👇 https://t.co/sBZMYXJXLU
Mark Cuban, after announcing his departure from "Shark Tank," is now making headlines by selling his majority stake in the NBA's Dallas Mavericks. https://t.co/MyOM7u1gAb
Mark Cuban, after announcing his departure from "Shark Tank," is now making headlines by selling his majority stake in the NBA's Dallas Mavericks. https://t.co/jQ0At3HA6h
Mark Cuban is selling the Dallas Mavericks. Dallas Mavericks Valuation • 2000: $285 million • 2023: $3.5 billion (+1,128%) But this deal is really part of a bigger plan to bring legalized casino gambling to Texas. Let me explain 👇 Mark Cuban is one of the NBA's best… https://t.co/WauwA8wJuY
Is Mark Cuban gearing up to run for office after selling a majority stake in the Mavericks? 🤨 https://t.co/bwmQ79DQlF
Mark Cuban is leaving Shark Tank and selling his shares of the Mavericks?! Excited to find out what you’re planning over there for 2024, @mcuban! https://t.co/3pGTI8KjTR
Mark Cuban Selling Majority Stake In NBA Mavericks To Las Vegas Sands Corp.: https://t.co/ck2tFIY6x9 https://t.co/1FVbNkTWf3
Here's how Mark Cuban's Dallas Mavericks sale stacks up against other modern NBA franchise sales https://t.co/pTetLXjXYH
Why did Mark Cuban sell his majority stake in the Mavericks? https://t.co/Hfy4uOvLtc https://t.co/6BeDY9s2tD
Mark Cuban, after announcing his departure from "Shark Tank," is now making headlines by selling his majority stake in the NBA's Dallas Mavericks. https://t.co/MyOM7u1gAb
Mark Cuban sells Mavericks majority stake: Three biggest questions about unexpected change in Dallas (By @JasmynWimbish) https://t.co/Ee709V0arX
Mark Cuban just sold a majority stake in the Dallas Mavericks for $3.5 billion. He bought the team in 2000 for $285 million. https://t.co/Tj8WCn5duG
Sources: Mark Cuban is selling a majority stake of the Mavericks for valuation of $3.5B-plus. NBA Insider @ShamsCharania gives us the details. https://t.co/yQjFcD9PdI
Mark Cuban after buying the Mavs for $285 million in 2000 and selling it today for $3.5 billion https://t.co/hwSvFzGgs5
Mark Cuban purchased the Mavs for $285M in 2000 Today he sold a majority stake for $3.5B 🤯 https://t.co/ysXETZgF43
Mark Cuban bought the Mavs for $285 million in 2000. 23 years later, he sells the team at a valuation of $3.5 BILLION.
Mark Cuban is set to sell a majority stake in the Dallas Mavericks at a total team valuation of $3.5 billion He bought the team for $285 million in 2000 via @ShamsCharania https://t.co/illSAO4Y6z