In one of most unique setups in NBA history, Cuban keeps shares in team and full control of basketball operations. Sources: Mark Cuban is selling a majority stake of the Dallas Mavericks to Miriam Adelson and casino tycoon Adelson family for valuation in range of $3.5 billion.
While Cuban would continue to run basketball operations while retaining a minority interest in the franchise - a rare occurrence - the Mavericks seem as if they will be Adelson’s team soon, pending league approval of the transaction, of course.