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Regardless of agreeing to promote a majority stake within the Dallas Mavericks to the Adelson household, Mark Cuban reportedly has no plans to exit the basketball aspect of the enterprise in what’s an unprecedented possession maneuver.
“I do not know precisely what the language is within the buy settlement, however one factor I’ve been informed, and the precise phrase I heard is Cuban can have basketball operations for quote forevermore,” said ESPN’s Tim MacMahon on the Brian Windhorst podcast.
“I assume that’s agreed to in writing.”
Cuban, 65, has more and more shifted his consideration away from the enterprise aspect of the Mavericks lately whereas remaining concerned in basketball operations. Nevertheless, Cuban has even taken a lesser position in basketball operations since hiring Nico Harrison to interchange Donnie Nelson.
For the Adelsons, they seem like extra centered on their aspirations of constructing an enviornment and resort in downtown Dallas whereas lobbying to vary Texas state legal guidelines to allow playing.
MacMahon additionally advised that the decline of regional sports activities networks and the way that may influence the income of sports activities groups performed a task in Cuban’s timing to promote a majority stake.
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