The valuation of the sale is in the range of $3.5 billion and must be approved by the NBA Board of Governors before becoming final.
Mark Cuban is reportedly selling the stake to Miriam Adelson and the Adelson family at a valuation of $3.5 billion.
Miriam Adelson's family, which runs the Las Vegas Sands casino, said they will be selling shares worth $2bn to purchase a team.
Mark Cuban Selling Dallas Mavs' 'Significant Stake' To Billionaire Mirian Adelson; Casino Deal Coming? BREAKING NBA Tracker.
Mark Cuban said last year he wanted to partner with Las Vegas Sands to build a new arena for the Mavericks in a resort and casino.
The Houston Rockets will be looking to get their third straight win against Luka Donฤiฤ and the Dallas Mavericks.
Speculation had swirled that Dallas Mavericks owner Mark Cuban might launch a White House bid. Cuban says he will not return to "Shark Tank" after next ...
Dallas Mavericks owner Mark Cuban agreed to sell a majority of his NBA club to the family of Miriam Adelson, widow of the late GOP donor and casino magnate ...
There was speculation Wednesday about where the Dallas Mavericks National Basketball Association team may move after owner Mark Cuban confirmed Tuesday he ...