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Mark Cuban to sell stake in Mavericks franchise to Miriam Adelson for $3.5 Billion
The Dallas Mavericks, one of the most valuable sports franchises in the world, are set to undergo a major change in ownership. Owner Mark Cuban confirmed to NBC 5 his plans to sell a majority stake in the team to billionaire Miriam Adelson and her family for a whopping $3.5 billion. The deal could shake up the professional basketball world and have far-reaching implications for the sport. Cuban would maintain operational control, the person said, even though the Adelsons would own a greater than 50% stake in the Mavericks. This new comes days after Cuban, 65, revealed that after being on ABC's "Shark Tank" for over ... (full story)