What is Miriam Adelson’s net worth? Who is the new owner of the Dallas Mavericks?
The sports world was shaken by the news last week when Miriam Adelson and her trust sold $2 billion worth of shares in the Sands Corporation, a casino operator, to buy a professional sports team, which turned out to be the Dallas Mavericks . The deal values the Mavs at roughly $3.5 billion , making it the second-highest purchase price in league history behind only the Phoenix Suns’ $4 billion sale last year . The agreement is still subject to official NBA approval, and it remains unclear how much of an ownership stake Cuban will retain, as reports indicate he will hold control of the team’s basketball operations he has run since 2000. Mark Cuban is selling a majority stake of the Mavericks, worth around $3.5B, to casino tycoon Miriam Adelson and the Adelson family, per @ShamsCharania Cuban will keep shares of the team and full control of basketball operations pic.twitter.com/dlTAGExayq — Bleacher Report (@BleacherReport) November 28, 2023 Basketball fans and Sports Business ...