Back to today’s briefing

Story perspectives

Mark Cuban Sells Mavericks Stake for $3.5 Billion

11/10/2025

33 7

Summary

Story summary

In 2023, Mark Cuban, owner of the Dallas Mavericks, sold a majority stake to Miriam Adelson for about $3.5 billion, retaining 27%.
Cuban, owner of the Dallas Mavericks, bought the team in 2000 and pursued a culture shift toward an emotional fan experience over profits.
The Mavericks won the NBA Championship in 2011, validating his approach.

1 of 1

Story summary

In 2023, Mark Cuban, owner of the Dallas Mavericks, sold a majority stake to Miriam Adelson for about $3.5 billion, retaining 27%.
Cuban, owner of the Dallas Mavericks, bought the team in 2000 and pursued a culture shift toward an emotional fan experience over profits.
The Mavericks won the NBA Championship in 2011, validating his approach.