Cuban will retain control of basketball operations and remain the Mavericks' governor.
Mark Cuban is reportedly selling a majority stake in the Dallas Mavericks to the Adelson family, who runs the Las Vegas Sands casino company.
The deal is estimated to be worth around $3.5 billion.
Dallas Mavericks owner, Mark Cuban, is reportedly in talks to sell a majority stake in the NBA franchise to the family that runs the Las Vegas Sands casino company, according to multiple sources. The deal, which is yet to be made public, is estimated to be worth around $3.5 billion. Despite the sale, Cuban is expected to retain control of basketball operations.
The potential buyer, Miriam Adelson, widow of casino magnate Sheldon Adelson, recently announced plans to sell $2 billion of Sands stock to fund the purchase. If the entirety of the $2 billion goes toward the purchase, it would mean Adelson could be acquiring at least 57% of the NBA team. However, there is no current indication of relocating the team.
Cuban will also reportedly remain the Mavericks' governor, representing the franchise at NBA owners' meetings. This comes after Cuban had expressed interest in partnering with Sands a year ago. He has been a proponent of legalizing gambling in Texas, a state where the issue failed to pass in the recent legislative session.
100%
No Doubts Found At Time Of Publication
97%
What's This
The overall score is a weighted
number that takes
into
account conflict of interest, bias, deception and other practices that undermine
the
credibility of the source. It is calculated as:
(Site Conflicts Of Interest +
Author Conflicts Of Interest) / 2.0 * 0.2 +
ArticleBiasScore * 0.20 +
UniquePointsScore * 0.05 +
DeceptionScore * 0.20 +
ReadabilityScore * 0.05 +
FallacyScore * 0.20
Readability
85%
A score that takes into
consideration the content
for
flow,
interruptions with ads, and overt search engine optimization techniques that
makes
the
content hard to understand
Unique
Points
If the entirety of the $2 billion goes toward the purchase, it would mean Adelson could be acquiring at least 57% of the NBA team.
Accuracy Deception
(100%)
Fallacies
(100%)
Bias
(100%)
Site
Conflicts
Of
Interest (100%)
Author
Conflicts
Of
Interest (100%)
97%
What's This
The overall score is a weighted
number that takes
into
account conflict of interest, bias, deception and other practices that undermine
the
credibility of the source. It is calculated as:
(Site Conflicts Of Interest +
Author Conflicts Of Interest) / 2.0 * 0.2 +
ArticleBiasScore * 0.20 +
UniquePointsScore * 0.05 +
DeceptionScore * 0.20 +
ReadabilityScore * 0.05 +
FallacyScore * 0.20
Readability
85%
A score that takes into
consideration the content
for
flow,
interruptions with ads, and overt search engine optimization techniques that
makes
the
content hard to understand
Unique
Points
Cuban had expressed interest in partnering with Sands a year ago. He has been a proponent of legalizing gambling in Texas, a state where the issue failed to pass in the recent legislative session.
Accuracy Deception
(100%)
Fallacies
(100%)
Bias
(100%)
Site
Conflicts
Of
Interest (100%)
Author
Conflicts
Of
Interest (100%)
97%
What's This
The overall score is a weighted
number that takes
into
account conflict of interest, bias, deception and other practices that undermine
the
credibility of the source. It is calculated as:
(Site Conflicts Of Interest +
Author Conflicts Of Interest) / 2.0 * 0.2 +
ArticleBiasScore * 0.20 +
UniquePointsScore * 0.05 +
DeceptionScore * 0.20 +
ReadabilityScore * 0.05 +
FallacyScore * 0.20
Readability
95%
A score that takes into
consideration the content
for
flow,
interruptions with ads, and overt search engine optimization techniques that
makes
the
content hard to understand
Unique
Points
There is no current indication of relocating the team.
Accuracy Deception
(100%)
Fallacies
(100%)
Bias
(100%)
Site
Conflicts
Of
Interest (100%)
Author
Conflicts
Of
Interest (100%)
97%
What's This
The overall score is a weighted
number that takes
into
account conflict of interest, bias, deception and other practices that undermine
the
credibility of the source. It is calculated as:
(Site Conflicts Of Interest +
Author Conflicts Of Interest) / 2.0 * 0.2 +
ArticleBiasScore * 0.20 +
UniquePointsScore * 0.05 +
DeceptionScore * 0.20 +
ReadabilityScore * 0.05 +
FallacyScore * 0.20
Readability
90%
A score that takes into
consideration the content
for
flow,
interruptions with ads, and overt search engine optimization techniques that
makes
the
content hard to understand
Unique
Points
Cuban will also reportedly remain the Mavericks' governor, representing the franchise at NBA owners' meetings.
Accuracy Deception
(100%)
Fallacies
(100%)
Bias
(100%)
Site
Conflicts
Of
Interest (100%)
Author
Conflicts
Of
Interest (100%)
97%
What's This
The overall score is a weighted
number that takes
into
account conflict of interest, bias, deception and other practices that undermine
the
credibility of the source. It is calculated as:
(Site Conflicts Of Interest +
Author Conflicts Of Interest) / 2.0 * 0.2 +
ArticleBiasScore * 0.20 +
UniquePointsScore * 0.05 +
DeceptionScore * 0.20 +
ReadabilityScore * 0.05 +
FallacyScore * 0.20
Readability
85%
A score that takes into
consideration the content
for
flow,
interruptions with ads, and overt search engine optimization techniques that
makes
the
content hard to understand
Unique
Points
Cuban has previously expressed interest in partnering with Sands and has advocated for the legalization of gambling in Texas.
Accuracy Deception
(100%)
Fallacies
(100%)
Bias
(100%)
Site
Conflicts
Of
Interest (100%)
Author
Conflicts
Of
Interest (100%)