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☆ LeBron James surpasses 40,000 career points as NBA legend burnishes legacy
▼ + stars: | 2024-03-03 | by ( Dennis Romero | ) www.cnbc.com time to read: +4 min

Los Angeles Lakers forward LeBron James, #23, during the NBA game between the Los Angeles Clippers and the Los Angeles Lakers at Crypto.com Arena in Los Angeles on Jan. 7, 2024. LeBron James surpassed 40,000 career points during Saturday night's home game between his Los Angeles Lakers and the Denver Nuggets, further solidifying his place in the NBA record books. A layup in the second quarter had James reach 40,000 points, and another layup ensured he surpassed the mark. "No one has ever done it," he said of scoring 40,000 career points at the postgame news conference on Thursday. On Christmas night, a 3-pointer against the Phoenix Suns pushed him past 10,000 career NBA points.

Persons: LeBron James, James, LakersNation.com, He's, Vince Carter, Bryce, Laker Kareem Abdul, Abdul, isn't, Kevin Durant, Luka Dončić, Oklahoma City Thunder's Shai Gilgeous, Alexander, Milwaukee Bucks Giannis Antetokounmpo, Donovan Mitchell Jr, Durant, I'm Organizations: Los Angeles Lakers, NBA, Los Angeles Clippers, Crypto.com Arena, Denver Nuggets, Lakers, Nuggets, basked, state's Cleveland Cavaliers, Miami Heat, Toronto Raptors, University of Southern, Sierra Canyon School, Oklahoma Thunder, Thursday's Lakers, Washington Wizards, Phoenix Suns, Dallas Mavericks, Oklahoma City, Milwaukee Bucks, Cleveland Cavaliers, Wizards Locations: Los Angeles, University of Southern California, Slovenian

☆ Mark Cuban shares 1 thing he wishes he'd done differently: 'That's not being old. That's being wise'
▼ + stars: | 2024-03-03 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +2 min

The 65-year-old billionaire says he now regrets stressing about his age every time he hit a big numerical milestone. Just one thing: I wish I hadn't thought I was getting old at every milestone [birthday]… 30,40,50," Cuban wrote in a recent post on Threads. You may need to change your habits as you age to stay healthy, Cuban noted. Rather than getting frustrated about those changes, embrace them, Cuban wrote on Threads. Disclosure: CNBC owns the exclusive off-network cable rights to "Shark Tank," which features Mark Cuban as a panelist.

Persons: Mark Cuban, …, Cuban, Becca Levy, Cuban's, Steve Kamb, Yoav Bergman, Bergman, he's, Recode, That's Organizations: Dallas Mavericks, Yale University, Foundation University Islamabad, CNBC Locations: Pakistan, Cuban

☆ Your next landlord may be a pro sports team
▼ + stars: | 2024-02-08 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +8 min

But team owners in recent years have turned to real estate development to bring in extra cash and drive up the asset values of their franchises. “It makes perfect sense for a team owner to play real estate,” said Propheter. “That means that team owners do have a lot of leverage,” he said. “Stadium subsidies transfer wealth from the general tax base to billionaire team owners, millionaire players, and the wealthy cohort of fans” who regularly attend games. “Generally speaking, the people who come off well are the team owners and the developers,” Zimbalist said.

Persons: ”, Geoffrey Propheter, Daniel Slim, “, Andrew Zimbalist, Louis, Harry Cabluck, Bruce Ratner, Stan Kroenke, Matthew Grimes Jr, Steve Cohen, Mark Cuban’s, Adelson, “ I’m, ” Zimbalist Organizations: New, New York CNN, Professional, Billionaire, University of Colorado Denver, Sofi, Getty, Washington Wizards, Capitals, Sweet, Smith College, Riverfront, Busch, Baltimore Orioles, Camden, Barclays Center, Nets, Los Angeles Rams, “ Battery, Atlanta Braves, Golden State Warriors ’ Chase Center, Texas Rangers, Globe, Arlington, New York Mets, Hard, Citi Field . Dallas Mavericks, Vegas Sands Corp, Management Locations: New York, North America, Inglewood , California, AFP, Washington, Alexandria , Virginia, Cincinnati, St, Pittsburgh, Brooklyn, New Jersey, ”, “ Battery Atlanta ”, Truist, Atlanta, San Francisco, “, City, Arlington , Texas, ” Cuban

CHARLOTTE, N.C. (AP) — The Charlotte Hornets are sending often-injured small forward Gordon Hayward to the Oklahoma City Thunder in exchange for guard Tre Mann, power forward Davis Bertans, point guard Vasilije Micic and two second round draft picks, according to a person familiar with the situation. The second round picks will be in 2024 and 2025, according to the person. Washington to the Dallas Mavericks for Grant Williams, Seth Curry and a 2027 first-round draft pick, AP sources said. The Hornets signed Hayward to a four-year, $120 million contract in 2020 hoping he would give them a boost and make them a consistent playoff team. The Thunder acquired Bertans from the Dallas Mavericks in a draft night deal last year, and he has played sparingly.

Persons: CHARLOTTE, Gordon Hayward, Tre Mann, Davis, Vasilije Micic, Grant Williams, Seth Curry, Hayward, Terry Rozier, Kyle Lowry, Lowry, Mitch Kupchak, Charlotte, Miles Bridges, Bridges, Mann, Cliff Brunt, ___ Organizations: Charlotte Hornets, Oklahoma City Thunder, Associated Press, Hornets, Dallas Mavericks, Milwaukee, Thunder, Minnesota, Western Conference . Hayward, Miami Heat, ESPN, New York Knicks, Madison, Garden, Boston, The Thunder, Oklahoma City, AP Locations: N.C, Washington, Charlotte, Denver, Hayward, Micic, Philadelphia, Europe, Oklahoma

☆ Mark Cuban says he'll be using Threads more after criticizing X as Elon Musk's 'echo chamber'
▼ + stars: | 2024-02-04 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +3 min

Read previewRecently, Mark Cuban learned that if you're searching for enlightenment or, at the very least, a stimulating debate on hot-button topics of the day, you may think twice about relying on Elon Musk's X. Cuban told The Wall Street Journal that the reaction didn't come to him as a surprise. "Twitter isn't real life," Cuban told the Journal. AdvertisementIn an X post on Saturday, Cuban said he's still on X "because it's more fun and interesting to argue with people who disagree with me." Cuban didn't make any suggestions when asked if there were any changes he would want to see on the platform.

Persons: —, Mark Cuban, Elon, Musk, Cuban, X, he's Organizations: Service, Elon Musk's, Cuban, Commission, Business, Dallas Mavericks, NBA, Wall Street Journal, Elon, Twitter Locations: Cuban

☆ Mark Cuban: These 2 industries will be the 'next wave of revenue generation' in sports—but they 'aren't my strengths'
▼ + stars: | 2024-02-01 | by ( Ashton Jackson | ) www.cnbc.com time to read: +4 min

"To spend more time with my family and because I believe the next wave of revenue generation is around real estate and entertainment and those aren't my strengths," the billionaire responded. Cuban has never been shy about pointing out where his strengths lie, saying in the past that he is "really, really, really good at sales." Those pursuits make more sense for the Adelsons, who have a long history in the entertainment, casino and real estate space, Cuban said in a pre-game interview on Dec. 27th. It's because of their real estate empires that they've built," Cuban said. It's been hard enough learning the pharmacy and basketball business, let alone trying to learn real estate as well."

Persons: Mark Cuban's, it's, Miriam Adelson, Cuban, Adelson, It's, Sheldon Adelson Organizations: Dallas Mavericks, NBA, Cuban, Twitter, ESPN, Las Vegas Sands, Forbes, Vegas Sands, Mavericks, CNBC Locations: Las Vegas, Texas, Cuban

PORTLAND, Ore. (AP) — Damian Lillard's former team took a bit of the shine off his gala homecoming. Anfernee Simons scored 24 points, including a key floater with 17.1 seconds left, and the Portland Trail Blazers beat Lillard and the Milwaukee Bucks 119-116 on Wednesday night. Lillard finished with 25 points for the Bucks in their second straight loss under new coach Doc Rivers. It was Lillard's first game in Portland since he was traded to the Bucks in the offseason. Then in the final seconds, the Blazers fouled Antetokounmpo, who missed both free throws to give Portland the win.

Persons: — Damian Lillard's, Anfernee Simons, Lillard, Doc Rivers, Giannis Antetokounmpo, ” Simons, “, we've, Chauncey Billups, ” Billups, Matisse, Simons, Malcolm Brogdon, Jerami Grant, Antetokounmpo, floater, Brook Lopez, Grant, ” Deandre Ayton, ” Rivers, Rivers, Adrian Griffin, Scoot Henderson, ” Lillard, ___ Organizations: Portland Trail Blazers, Lillard, Milwaukee Bucks, Bucks, Blazers, NBA, Portland, Bucks ., Denver Nuggets, Milwaukee, Boston, Eastern Conference, Western Conference, Dallas Mavericks, . Trail Blazers Locations: PORTLAND, Portland, Bucks . Milwaukee, Bucks, Rivers ., Milwaukee, UP

☆ Tesla erases references to DEI from its new 10-K following Elon Musk’s criticisms
▼ + stars: | 2024-02-01 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +5 min

New York CNN —Tesla CEO Elon Musk has a new social media target: Diversity, Equity and Inclusion. Following Musk’s recent critical posts about DEI policies and racial discrimination lawsuits against Tesla, the electric car company has omitted all language regarding minority workers and outreach to minority communities in its 10-K filing with the SEC made January 29. In Musk’s eyes, DEI is “just as morally wrong as any other racism and sexism,” he tweeted in December. And as recently as 2020, Tesla had been publishing its own corporate DEI reports, reaffirming its commitment to the mission. CNN has reached out to Tesla for comment, though the company does not usually respond to press requests.

Persons: Elon Musk, Tesla, ”, It’s, George Floyd’s, Harvard’s, Claudine Gay, Gonzalo Fuentes, Bill Ackman, Musk, ” Musk, Owen Diaz, Mark Cuban, “, Catherine Thorbecke, Nicquel Terry Ellis Organizations: New, New York CNN, Equity, SEC, Bloomberg, Tesla, Black Colleges, Universities, ”, Asian Pacific Islanders, Minneapolis, CNN, SpaceX, Twitter, Viva Technology, Reuters Billionaire, Harvard, DEI, California Department of Fair, Housing, Fremont, Dallas Mavericks Locations: New York, America, Paris, France, Fremont , California, Fremont, United States, ” Cuban

OKLAHOMA CITY (AP) — Anthony Edwards scored 27 points and the Minnesota Timberwolves beat the Oklahoma City Thunder 107-101 on Monday in a matchup of teams that entered the night tied for the lead in the Western Conference standings. Shai Gilgeous-Alexander scored 37 points and Jalen Williams added 20 for the Thunder, who lost their second straight after a five-game win streak. The Thunder led 97-96 with 2:43 remaining before Minnesota took control. A two-handed dunk by Edwards down the middle of the lane in traffic put the Timberwolves up 101-97, and Minnesota led by at least four the rest of the way. Minnesota led 49-47 at halftime behind 13 points apiece from Edwards and Towns.

Persons: — Anthony Edwards, Karl, Anthony Towns, Rudy Gobert, Mike Conley, Shai Gilgeous, Alexander, Jalen Williams, Edwards, Williams, Gilgeous, ___ Organizations: OKLAHOMA CITY, Minnesota Timberwolves, Oklahoma City Thunder, Western Conference, Minnesota, Timberwolves, Thunder, Oklahoma City, UP NEXT Timberwolves, Dallas Mavericks, Denver Nuggets Locations: Minnesota, Edwards, Towns

☆ Luka Doncic scores 73 points – tied for 4th most by a player in an NBA game
▼ + stars: | 2024-01-26 | by ( Jason Hanna | Homero De La Fuente | ) edition.cnn.com time to read: +3 min

Only Wilt Chamberlain (100 points and 78 points in the 1960s) and Kobe Bryant (81 in 2006) scored more in an NBA game. We’ve been struggling lately – the mindset was get a win,” Doncic said about his Mavericks (25-20) after the game. So, just seeing the game,” Doncic said. When I’m wrong I admit it, so probably shouldn’t have done that. Doncic, who was named Thursday to his fourth NBA All-Star Game, was selected by the Hawks with the No.

Persons: CNN — Luka Doncic, Joel Embiid, Wilt Chamberlain, Kobe Bryant, Chamberlain, David Thompson, “, We’ve, ” Doncic, Embiid, Doncic, Trae Young, Young, who’d, ”, Cam Organizations: CNN —, Dallas Mavericks, Atlanta, NBA, Kobe, Mavericks, Philadelphia 76ers, San Antonio Spurs, Hawks, Phoenix Suns, Dallas ’ American Airlines Center, TNT Locations: Slovenian

☆ NBA postpones second Warriors game after assistant coach’s death
▼ + stars: | 2024-01-18 | by ( Micah Washington | ) www.cnbc.com time to read: +1 min

Assistant coach Dejan Milojević and Kevon Looney, #5 of the Golden State Warriors, talk before the game against the Los Angeles Lakers during the Western Conference Semifinals in the 2023 NBA Playoffs at Crypto.com Arena in Los Angeles on May 6, 2023. The National Basketball Association said a second Golden State Warriors game has been postponed after the team's assistant coach Dejan Milojević died earlier this week. ESPN will instead broadcast the Brooklyn Nets versus Los Angeles Lakers Friday night. "We are absolutely devastated by Dejan's sudden passing," said Warriors Head Coach Steve Kerr in a press release. Milojević was in his third season on the Warriors' coaching staff, including the team's 2022 NBA Championship run.

Persons: Dejan Milojević, Looney, Milojević, Steve Kerr Organizations: Golden State Warriors, Los Angeles Lakers, Western, Crypto.com Arena, National Basketball Association, Warriors, Dallas Mavericks, ESPN, Brooklyn Nets, The Warriors, KK Mega Basket, Atlanta Hawks, San Antonio Spurs, Houston Rockets, CNBC PRO Locations: Los Angeles, Belgrade, Serbia

☆ Mark Cuban says becoming a billionaire is just about luck and anyone who says they can do it again is lying
▼ + stars: | 2024-01-18 | by ( Sawdah Bhaimiya | Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Read previewTV personality and businessman Mark Cuban admitted that he couldn't become a billionaire again if he had to start over because it's essentially just "luck" and anyone who thinks they can is "lying." This story is available exclusively to Business Insider subscribers. At one point Noah questioned him about how he became a billionaire to which Cuban responded frankly: "Anybody who's a billionaire who thinks they could just do it all over again is lying their ass off. "But the whole billionaire side of it, the hundreds of millions of dollars, that's just insane and that was luck," he said. Advertisement"But there's a whole lot of people who are really really smart, who do each of those things or one of them really well, and we don't know who they are," he added.

Persons: —, Mark Cuban, couldn't, it's, Trevor Noah's, Noah, Cuban, That's, that's, there's Organizations: Service, Business, NBA, Dallas Mavericks, Cuban, Yahoo

☆ Golden State Warriors assistant coach Dejan Milojević dies at 46 after heart attack
▼ + stars: | 2024-01-17 | by ( David K. Li | John Filippelli | ) www.cnbc.com time to read: +2 min

Golden State Warriors assistant coach Dejan Milojevic looks on before the game against the Houston Rockets on February 24, 2023 at Chase Center in San Francisco, California. Golden State Warriors assistant coach Dejan Milojević died on Wednesday, officials said, after suffering a heart attack at dinner the night before in Salt Lake City. "We are absolutely devastated by Dejan Milojević's sudden passing," Warriors coach Steve Kerr said in statement issued by the team. Kerr said Milojević was a relentlessly upbeat person "who brought joy" to others every day. The 6-foot-7 Belgrade native, known as "Coach Decky" to the Warriors, was tasked with working with Golden State's centers and power forwards.

Persons: Dejan Milojevic, Dejan Milojević, Dejan Milojević's, Steve Kerr, Kerr, Milojević, Dejan, Natasa, Nikola, Masa, He's, It's, he's, Looney Organizations: Golden State Warriors, Houston Rockets, Chase Center, Warriors, Utah Jazz, Delta Center, Dallas Mavericks, Jazz Locations: San Francisco , California, Salt Lake City, Europe, Belgrade, San Francisco

☆ I visited Mark Cuban's Texas ghost town, and 'Mustang' was more barren and mysterious than I ever imagined
▼ + stars: | 2024-01-13 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +2 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewI recently learned that Mark Cuban, the billionaire and former owner of the Dallas Mavericks basketball team, bought an entire "ghost town'" called Mustang for about $2 million in 2021. Mustang is about an hour away from the part of Dallas where I live. But until now, I had never come across it — and it appears that almost nobody in my circles had either. Cuban bought Mustang from principal owner Marty Price, a Dallas attorney and devoted Mavericks season ticket holder, according to NBC News, who spoke with Mike Turner, a real-estate agent who brokered the deal.

Persons: —, Mark Cuban, Forbes, Marty Price, Mike Turner, Price, Turner Organizations: Service, Dallas Mavericks, Business, Mavericks, NBC News, New York Times, Google Locations: Dallas

☆ Team’s Sale Reflects Growing Links Between Pro Sports and Gambling
▼ + stars: | 2023-12-03 | by ( Ken Belson | More About Ken Belson | ) www.nytimes.com time to read: +1 min

For years, professional sports organizations like the National Basketball Association and Major League Baseball prohibited liquor companies from buying advertising in locations in stadiums and arenas that could be seen on television, in deference to efforts to curb drunken driving. Suddenly, they began signing multimillion-dollar deals with companies that made rum, tequila, vodka and other hard liquor, and the advertising was displayed for all to see. It was a sign of how justifications can change seemingly overnight, especially when money is involved. (The purchase still needs to be approved by the league’s board of governors before becoming official.) “The Adelson and Dumont families are honored to have the opportunity to be stewards of this great franchise,” they said in a statement.

Persons: Miriam Adelson, “ The Adelson, Dumont, ” Organizations: National Basketball Association, Major League Baseball, Sands Corporation, Dallas Mavericks

DALLAS (AP) — Dallas Mavericks superstar Luka Doncic will miss his first game of the season Friday night when he sits against the Memphis Grizzlies for personal reasons. Doncic and fellow guard Dante Exum are both listed as out for personal reasons on the NBA injury report. The 24-year-old Doncic is third in the NBA in scoring at 31.1 points per game, and the four-time All-Star is averaging 8.1 rebounds and 7.9 assists. Doncic and Irving struggled with injuries after Irving was acquired in a blockbuster deal with Brooklyn last February. Doncic has dealt with calf and thumb injuries this season, while Irving has missed three games with a foot issue.

Persons: Luka Doncic, Dante Exum, Kyrie Irving, Irving, Doncic Organizations: DALLAS, — Dallas Mavericks, Memphis Grizzlies, NBA, Mavericks, Brooklyn

☆ The NBA In-Season Tournament is confusing people. Ratings are still through the roof
▼ + stars: | 2023-11-30 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +3 min

The NBA In-Season Tournament, running this year for the first time, is the league’s idea for that mid-season boost. The media rights to NBA games are up after the 2024-2025 season, and the tournament could make the NBA’s television rights more lucrative to potential networks and streaming bidders. To add intrigue to the tournament, each of the 30 NBA teams has a distinct court design and jersey for games. The NBA’s strategy behind the colorful court designs was to attract attention — even if some of the reaction to the courts has been negative. The NBA in-season tournament is the latest example of sports leagues adapting to try to add excitment in an increasingly competitive media environment.

Persons: Jeff Haynes, NBAE, ”, Jacinda Ortiz, Mark Cuban Organizations: New, New York CNN, Chicago Bulls, New Orleans Pelicans, NBA, NFL, United Center, Games, ESPN, TNT, Sports Business, CNN, Warner Bros ., ” Dallas Mavericks, Mavericks, MLB, Nickelodeon Locations: New York, Chicago, Las Vegas, Europe

☆ Why Mark Cuban is leaving 'Shark Tank'—and 3 of his biggest moments on the show
▼ + stars: | 2023-11-30 | by ( Ashton Jackson | ) www.cnbc.com time to read: +6 min

It's official: Mark Cuban says he's leaving ABC's "Shark Tank" after more than a decade on the show. His 12 years — and counting — on "Shark Tank" have produced memorable moments, ranging from laugh-inducing to heartstring-pulling. Here are three of the most notable ones:The largest offer in 'Shark Tank' historyDuring Season 6, Cuban made the biggest offer in "Shark Tank" history to Arum, Soo and Dawoon Kang, the sisters behind dating app Coffee Meets Bagel. "How many people can say they baited a Shark ... even better, the biggest Shark, and [still] came away with a deal?" Disclosure: CNBC owns the exclusive off-network cable rights to "Shark Tank."

Persons: Mark Cuban, He's, he's, Dawoon Kang, Kang, Bagel, Cuban, Justin Crowe, Crowe, Lori Greiner, Kevin O'Leary, O'Leary, Donovan, Trey Brown, Barbara Corcoran, Warren Buffett Organizations: Hollywood, NBA's Dallas Mavericks, CNBC, Cuban, Sharks, Golden State Warriors, Mavericks Locations: Cuban, Los Angeles

Las Vegas Sands and Adelson and Dumont families representative Ron Reese declined Wednesday to comment. Adelson, a physician, rarely gives interviews; in 2021, she told Las Vegas television station KNTV about her work with people fighting addictions. “A good person with good values, though he is totally opposite of us in his political views,” she told the Las Vegas Review-Journal then. The Adelson family owns that newspaper. Major League Baseball owners recently voted to let the Oakland Athletics relocate to Las Vegas, and the city is frequently mentioned as a possible home for an NBA team.

Persons: — Miriam Adelson, powerbroker, Adelson, Dumont, Sands, Patrick Dumont, Mark Cuban, Ron Reese, ” Adelson, “ I'm, Cuban, Miriam Adelson, ”, Sheldon Adelson, Sheldon Adelson's, “, Donald Trump, Trump, Robert Mueller's, “ Miriam, ” Trump, “ You’ve, Michael Milken, Israel Hayom, Benjamin Netanyahu, ” Miriam Adelson, Brad Alberts, “ I’m, ” Alberts, ___ Organizations: LAS VEGAS, Israel, Dallas Mavericks, Las Vegas Sands Corp, NBA, Forbes, Vegas Sands, Adelson, Las, Las Vegas, Sands, Expo, Republican, Cuban, White, Republican Jewish Coalition, Nevada’s, Vegas, Securities and Exchange Commission, Oakland Raiders, Major League Baseball, Oakland Athletics, Mavericks, Las Vegas Sands, NHL's Dallas Stars, Dallas Morning Locations: U.S, Las, Vegas, Las Vegas, Cuban, Israel, New York City, Boston, Sands, Macau, Singapore, Tel Aviv, Russia, Gaza, West, Vegas Sands, Dallas

☆ Mark Cuban Is Set to Sell Majority Stake in Dallas Mavericks to Adelson Family
▼ + stars: | 2023-11-29 | by ( Robert O Connell | ) www.wsj.com time to read: 1 min

One week before the NBA touches down in Las Vegas for the final of its inaugural In-Season Tournament, Sin City has forged another link to the hardwood. The family of the late casino mogul Sheldon Adelson has agreed to buy a majority stake in the Dallas Mavericks from entrepreneur Mark Cuban , a source familiar with the deal said Tuesday. Las Vegas Sands disclosed plans by Miriam Adelson, Sheldon Adelson’s widow, to sell an estimated $2 billion in stock in the company, which a regulatory filing said would be “used to fund the purchase of a majority interest in a professional sports franchise…subject to customary league approvals.” NBA reporter Marc Stein first reported that the franchise in question would be the Mavericks.

Persons: Sheldon Adelson, Mark Cuban, Miriam Adelson, Sheldon Adelson’s, Marc Stein Organizations: NBA, Dallas Mavericks, Vegas Sands, Mavericks Locations: Las Vegas, Sin

☆ It sure looks like Mark Cuban is walking away from everything that made him Mark Cuban
▼ + stars: | 2023-11-29 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

Billionaire Mark Cuban made a name for himself as a businessman and media personality. So it could well be the end of an era for the Mark Cuban that we've come to know. AdvertisementBillionaire Mark Cuban is many things — a serial entrepreneur who has dabbled in tech and pharmaceuticals, a reality TV star, and the longtime owner of the Dallas Mavericks. But if recent reports are anything to go by, that could soon be the Mark Cuban of yesterday, as he sheds parts of his portfolio emblematic of his public persona. This may very well be the end of an era for the "Shark Tank"-starring, Mavericks-owning Mark Cuban we've all come to know.

Persons: Mark Cuban, he's, —, Cuban, Adelson, He's, Henry Ross Perot, Joe Biden, Donald Trump, Tiffany Stewart — Alexis, Alyssa, Jake, all's Organizations: Dallas Mavericks, ESPN, Cuban, Service, Associated Press, Mavericks, Twitter, NBC, Republican, Hollywood, Cuban's Dallas Mavericks, Business Insider Locations: Cuban

☆ Adelson family to buy majority share of Dallas Mavericks from Mark Cuban, reports say
▼ + stars: | 2023-11-29 | by ( Kevin Dotson | ) edition.cnn.com time to read: +1 min

CNN —The owner of a casino empire is preparing to buy a majority share of the NBA’s Dallas Mavericks franchise from billionaire businessman Mark Cuban, according to multiple media reports. The Adelson family will purchase a majority share of the Mavericks from Cuban for $3.5 billion, according to media reports that cited sources familiar with the deal. The deal will reportedly see Cuban retain partial ownership of the Mavericks franchise and remain in control of the team’s basketball operations. A spokesperson for the Mavericks referred all inquiries to the Adelson family. CNN has sought comment from Las Vegas Sands Corp.

Persons: Mark Cuban, Miriam Adelson, Adelson, Cuban Organizations: CNN, Dallas Mavericks, Vegas Sands Corp, Securities and Exchange Commission, Las, Mavericks, Cuban, NBA, Las Vegas Sands Corp Locations: Sands, Nevada, Macao, Singapore, Las

☆ Don't be surprised if Mark Cuban runs for president
▼ + stars: | 2023-11-29 | by ( Madison Hall | ) www.businessinsider.com time to read: +5 min

Mark Cuban is departing "Shark Tank" and selling his majority stake in the Dallas Mavericks. He's been outspoken about his interest in politics for years and almost ran for president in 2020. He denied on Wednesday that he's running for president, but what else could he possibly be doing? download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementLater, Cuban revealed in a CNN interview that he seriously considered running for president in the 2020 race.

Persons: Mark Cuban, He's, —, Miriam Adelson, Sheldon Adelson, ABC's, that's, Ross Perot, Joe Biden, who's, Trump, Mark Cuban's, John Boehner, Hillary Clinton, Donald Trump's, America's Organizations: Dallas Mavericks, Service, Hollywood, Mavericks, Cuban, Yahoo, Fortune, Gulfstream, Kroger, Republican, Texas, CNN Locations: , Texas, Dallas

☆ Why Dallas? Las Vegas Sands casino moguls make a play for the NBA – and Texas
▼ + stars: | 2023-11-29 | by ( Contessa Brewer | ) www.cnbc.com time to read: +3 min

After all, Las Vegas is the headquarters of the family's empire, even if it doesn't have any casino resorts in the city anymore. Adelson is the widow of Las Vegas Sands founder Sheldon Adelson, who died in January 2021. And Las Vegas is now a preeminent destination for sports, with the NHL's Golden Knights, the NFL's Raiders, the WNBA's Aces and a Formula 1 Grand Prix. He is also the president and chief operating officer of Las Vegas Sands. Las Vegas Sands itself has spent years and millions of dollars as well in pursuit of the same goal.

Persons: Miriam Adelson, Adelson, Sheldon Adelson, Adam Silver, LeBron James, he's, Shaquille O'Neal, Patrick Rishe, St . Louis, Dumont, Mark Cuban, Patrick Dumont, Miriam Adelson's, Sivan, Cuban, Sands Organizations: Dallas Mavericks, Western, Golden State Warriors, American Airlines Center, Dallas , Texas ., Las Vegas Sands, NBA's Dallas Mavericks, Vegas Sands, Golden Knights, NFL's Raiders, WNBA's Aces, League Baseball's, Vegas, NBA, Sacramento Kings, Washington University, Dallas, CNBC, Sands, Apollo Global Management, VICI, Mavericks, Dallas Morning News Locations: Dallas , Texas, Las Vegas, Vegas, Oakland, St ., Dallas, Vegas Sands, Texas

Adelson, 78, is a medical doctor and widow of Sheldon Adelson, the billionaire founder and owner of Las Vegas Sands who died in 2021. Adelson and her family own the Las Vegas Sands and Las Vegas Review-Journal, Nevada’s largest newspaper. It's doubtful Adelson would try to move the Mavericks to Las Vegas, especially since Cuban will retain responsibility over basketball operations. “There’s no doubt that there’s enormous interest in this (Las Vegas) market,” Silver said at the time. Silver will also likely address the potential sale at the In-Season Tournament in Las Vegas when he speaks there during the Dec. 7-9 weekend.

Persons: — Mark Cuban, MIRIAM ADELSON, Adelson, Sheldon Adelson, Patrick Dumont, Israel Hayom, Benjamin Netanyahu, Donald Trump, Adam Silver, ” Silver, Greg Abbott, Tilman Fertitta, ”, Trump, “, Silver, Tim Reynolds, Ken Ritter, Paul Weber, ___ Organizations: LAS VEGAS, Dallas Mavericks, WHO, Las Vegas Sands, Sands, Las Vegas, Nevada’s, Republican Party, Vegas Sands, Expo, Apollo Global Management, NFL Raiders, Raiders, Bank of America, Mavericks, Cuban, NBA, TEXAS, Texas Sands, GOP, Capitol, Republican Gov, Texas Legislature, Texas GOP, Republican, NBC, Governors, Pro Locations: Las Vegas, Las, U.S, Oakland , California, Vegas, Texas, Austin , Texas

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