Cuban Selling Mavs

[jjgold]

Dallas Mavericks owner Mark Cuban is working on a deal to sell a majority stake in the NBA franchise to the family that runs the Las Vegas Sands casino company, a person with knowledge of the talks said Tuesday night.

The agreement would be in the valuation range of $3.5 billion and take weeks for the league to process, according to the person, who spoke to The Associated Press on condition of anonymity because details weren’t being made public.

Cuban would retain control of basketball operations in the deal. NBA reporter Marc Stein was the first to report the potential sale.

 

[BobbyFK]

I'm surprised he's willing to sell. He loves the team

 

[jjgold]

He’s still gonna be the president

 

[carolinakid]

never been a cuban fan here

 

[pipe]

never been a cuban fan here

Me either but to think he purchased the Mavericks in 2000 for about $285 million. Heck of a return on his investment.

 

[BMR Genie]

Las Vegas Mavericks! Cool

 

[BMR Genie]

Me either but to think he purchased the Mavericks in 2000 for about $285 million. Heck of a return on his investment.

What an amazing investment! 20X!

 

[jjgold]

He’s always been lucky with investments

 

[BMR Genie]

He’s always been lucky with investments

Smart businessman.

 

[sharpsquare]

That is one hell of a start for a war chest for a run at the big seat in a few years.

 

[BMR Genie]

That is one hell of a start for a war chest for a run at the big seat in a few years.

Does he really have a plan to run for President?

 

[DiggityDaggityDo]

Is Cuban still trying to get Taylor Swift to bang his players?

 

[BMR Genie]

Is Cuban still trying to get Taylor Swift to bang his players?

Cuban knows there's money on Taylor Swift. Maybe wants to increase Dallas game views or jersey sales lol.

 

[Tanko]

The real question is.... WTH is he planning on doing with the $3.5B?

 

[chuckythegoat2]

Adelson family has money to the hilt.

They don't have toilet paper. Instead, they use $100 bills.

 

[DiggityDaggityDo]

The real question is.... WTH is he planning on doing with the $3.5B?

 

[Tanko]

Banging those would only take a day and not make a dent in the pile.
What would he do with the other $3,499,995,000?

 

[sharpsquare]

Does he really have a plan to run for President?

I wouldn't put it past him.

 

[JDS]

What an amazing investment! 20X!

Genie it's a 12.2X ROI in-fact

 

[BMR Genie]

Genie it's a 12.2X ROI in-fact

Haha, Did I exaggerate too much?