heavyweight! A $3.5 billion deal was reached! Cuban sells majority stake in Mavericks! So much money!
On November 29th, Beijing time, a huge piece of news came from the NBA, that is, the Dallas Mavericks owner Mark Cuban sold most of his team shares! In the past, Michael Jordan sold a majority stake in the Charlotte Hornets, and now Mark Cuban sells a majority stake in the Mavericks. What is happening to the NBA? Why are the league bosses selling off most of their shares!
According to well-known reporter Shams, Mark Cuban sold a majority stake in the Dallas Mavericks to Miriam Adelson and the Adelson family, with a valuation of approximately US$3.5 billion. Cuban retained only a small stake and full control of the team. This means that this deal worth up to 3.5 billion US dollars has been finalized, and the future of Dallas will no longer belong to Mark Cuban alone! It can be seen that the boss who is the most passionate about watching football in the league and the most supportive of his team may now retire from the league.
It is reported that Mark Cuban bought the entire Mavericks team for US$280 million in 2000. In the blink of an eye, he has followed the team for 23 years! Older Mavericks fans should still remember that Mark Cuban is the team owner with the most technical fouls in the league. He will fight with referees and even the league for an unreasonable penalty against his team, so there is no shortage of it. Pay the fine to the NBA. When Cuban was young, he basically didn't show up to support the Mavericks in every game. Cuban's roars, claps, and crazy vents can be said to be a beautiful sight at the Mavericks game!
As everyone knows, under Cuban's management in the past 23 years, the market value of the Mavericks has increased by N times. In the latest Forbes rankings, the Dallas Mavericks have a market value of approximately US$4.5 billion, ranking seventh in the league. This means that Cuban has made a full 4.22 billion U.S. dollars from the Mavericks in 23 years. It can be said that he has made a lot of money and is crazy!
Of course, the person who can buy a majority stake in the Mavericks from Mark Cuban is definitely not simple. He is definitely a super wealthy man. Otherwise, he would not be so generous, spending 3.5 billion US dollars to buy it. Take away most of Cuban's team equity. It is reported that Miriam Adelson is currently worth as much as 37 billion U.S. dollars (approximately RMB 236 billion). She is the richest person in Israel and the 36th richest person in the world.
Miriam was born in Tel Aviv in 1945. After receiving her medical degree, she worked as a doctor for a period and in 1993 she established a drug abuse center and research clinic. But her huge fortune of $37 billion was not earned through medicine. It is related to her other identity. She is the widow of Sheldon Adelson, chairman of the Las Vegas Sands Casino Company. This is her famous name. The real reason for having huge wealth.
Mark Cuban invested US$280 million to buy the Dallas Mavericks, and now he has sold most of his shares for US$3.5 billion, which makes him completely make money! His net worth has increased several times in 23 years, which is simply incredible! Now that the boss who has worked so hard to run the Mavericks is going to retire, we may not see Mark Cuban very often at Mavericks games in the future! Cuban sold a majority stake in the Mavericks, which means the end of an era and the beginning of a new era for the Mavericks.
statement: This article comes from user submissions. If it infringes upon the legitimate rights and interests of any third party, it can be deleted by contacting via email.
