Mark Cuban Sells Majority Stake in Mavericks to Dr. Miriam Anderson

Mark Cuban is selling a majority stake of the Dallas Mavericks to Miriam Adelson for about $3.5 billion, according to The Athletic's Shams Charania. Cuban will maintain his shares in the team and full control of basketball operations in the deal. On January 4, 2000, Cuban purchased a majority stake in the Mavericks for $285 million from H. Ross Perot Jr. Since then, the Mavericks have been to their only two NBA Finals appearances in franchise history, including defeating the Heatles for the 2010-11 NBA championship. Adelson, the largest stakeholder...