Back to the Rumors Humor Newsfeed

Sells Majority Stake In NBA Team

Big news out of Big D ... Mark Cuban is selling his majority stake in the NBA's Dallas Mavericks, while still holding onto the reigns in basketball operations.

The billionaire is selling his majority stake to Miriam Adelson ... TMZ Sports has confirmed.

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.

Cuban bought the team in 2000 for $285 million, so he’s getting a huge return on investment!