Why Mark Cuban Sold the Mavericks
Description
No owner in sports has his identity as closely tied to a team like Mark Cuban of the Dallas Mavericks. When he bought the Mavs in 2000, he was an unknown, newly-minted billionaire. But his outspoken, passionate, and innovative approach shook up the NBA and helped him become one of the most well-known businessmen in America.
So the news last week that Cuban was selling a majority stake in the team to the Adelson and Dumont families shocked the basketball world. So why did he do it? Longtime Mavericks reporter Tim MacMahon explains Cuban’s thinking, how he was able to keep control of basketball operations, and why the move could have major implications throughout all of Texas.
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