Mark Cuban, owner of the Dallas Mavericks, has reportedly been looking to sell a large percentage of his basketball team to Miriam Adelson, widow of the recently deceased Las Vegas casino billionaire Sheldon Adelson.
A source familiar with the negotiations between Cuban and Adelson confirmed to The Dallas Morning News of the proposed plans for a sale.
“Cuban, 65, would maintain operational control, the person said, but it’s unclear whether the pending deal would give the Adelson family less or more than a 50% stake in the Mavericks,” according to the outlet.
Dr. Miriam Adelson and Sheldon Adelson attended the Friends of The Israel Defense Forces (FIDF) Western Region Gala at The Beverly Hilton Hotel on November 1, 2018, in Beverly Hills, California. (Shahar Azran/Getty Images)
“The pending deal, if finalized and approved by the NBA Board of Governors, would merge…
