**Headline: Mark Cuban Sells Majority Stake in Dallas Mavericks; $3.5 Billion Deal Confirmed**
Headline: Mark Cuban Sells Majority Stake in Dallas Mavericks; $3.5 Billion Deal Confirmed
DALLAS, TX — December 1, 2023 (11:00 AM CST) — In a landmark transaction that reshapes the landscape of professional sports ownership, businessman and “Shark Tank” investor Mark Cuban has finalized the sale of a majority interest in the Dallas Mavericks.
Who: Mark Cuban, the billionaire entrepreneur and primary owner of the Mavericks since 2000, is the seller. The buyer is a consortium led by the Adelson and Dumont families, controlling shareholders of Las Vegas Sands Corporation.