Mark Cuban sells majority stake in Dallas Mavericks at $3.5 billion valuation
On November 29th, according to The Athletic reporter Shams Charania, Mark Cuban will sell the majority of the Dallas Mavericks to Miriam Adelson and the Adelson family, a casino industry tycoon, for an estimated value of $3.5 billion. As one of the most unique transactions in NBA history, Cuban will retain partial ownership of the team and control over the team's basketball operations. Previously, Mark Cuban bought the Dallas Mavericks for $285 million in 2000.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Honda prepares to send its hydrogen tech to space
Share link:In this post: Honda is working with Sierra Space and Tec-Masters, two space technology companies, to try their high-differential pressure water electrolysis system. Honda aims for hydrogen to help it get all of its cars off carbon by 2040. Honda says it will work with NASA to get the equipment to the ISS on Sierra Space’s Dream Chaser space plane.
ETH just had lowest quarterly return since Q2 2022: Blockworks Research
The network is at a “pivotal juncture,” Blockworks Research’s Marc-Thomas Arjoon said
Riot Platforms Hits Post-Halving Bitcoin Production High as It Expands AI Capacity
Solana Price Pattern Points to a 65% Surge as Key Metric Beats Ethereum by Far
Trending news
MoreCrypto prices
More
