HomeBasketballNBASources - Mark Cuban nears sale of Mavericks stake to Adelson family

Sources – Mark Cuban nears sale of Mavericks stake to Adelson family

The Adelson family is in talks to buy a significant share of the Dallas Mavericks, with Mark Cuban remaining as the governor of the franchise and in control of all basketball decisions. The agreement is said to be in the valuation range of $3.5 billion and would take weeks for the league to process. The Adelson family is selling almost $2 billion in stock in the Las Vegas Sands Corp. to fund the purchase, subject to customary league approvals.

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