current location:HOME > Sports News > Basketball Hub > Text content

NBA Board of Governors approves Dallas Mavericks' sale

nqajqrqw7months ago (05-18)Basketball Hub208

The NBA Board of Governors has approved the sale of thecontrolling interest in the Dallas Mavericks from Mark Cuban to thefamilies of Dr. Miriam Adelson and Sivan and PatrickDumont.

Mr. Dumont, President and Chief Operating Officer of Las VegasSands Corp., will serve as the Mavericks’ Governor. The transactionis expected to close this week.

Cuban still has shares in the team and will reportedly still bein charge of basketball operations. In 2000, Cuban purchased theMavericks for $285 million. This sale is reportedly worth around$3.5 billion.

The Mavericks are currently 18-12, which is the fifth-bestrecord in the Western Conference. Led by Luka Doncic and KyrieIrving, Dallas boasts the NBA's seventh-best offense (scoring 115.7points per 100 possessions).

Share with friends:

“NBA Board of Governors approves Dallas Mavericks' sale” ofrelated articles

2024 NBA Playoffs Day 21 Recap: Pacers, Nuggets inch closer

Day 21 of the 2024 NBA Playoffson Friday night saw the Indiana Pacers and the Denver Nuggets bothinching closer in their respective series after winni...

2024 NBA Playoffs Day 20 Recap: Cavs, Mavs strike back

The Cleveland Cavaliers and theDallas Mavericks both scored huge Game 2 victories in theirrespective best-of-seven series on Day 20 of the 2024 NBA Pl...

Despite their youth, the Thunder are ready to take on the challenge of the playoffs

Don’t look now, but here comethe Oklahoma City Thunder.They might get overlooked fortheir age, but make no mistake: these young Thunder are forreal.Si...

Spencer Dinwiddie to join Los Angeles Lakers after clearing waivers

Spencer Dinwiddie will sign withthe Los Angeles Lakers after clearing waivers, according toThe Athletic's Shams Charania.Dinwiddie and his agent, Jaso...

Steph Curry, Sabrina Ionescu to face off in NBA vs. WNBA 3-Point Contest

NBA all-time three-point leader and Golden State Warriors guardStephen Curry and WNBA single-season three-point record-holder andNew York Liberty guar...

USA Basketball announces player pool for 2024 Men’s National Team

USA Basketball announced today a 41-athlete player pool for the2024 USA Basketball Men’s National Team. The players were selectedby USA Basketball Men...