It seems like the end of an era is upon us ... sort of.
Yes, Mark Cuban, one of the league’s most well-known owners, appears set to sell majority control of the Mavericks, although it is being reported that somehow he will remain the team’s governor and keep control of basketball operations.
Sources: Mark Cuban is selling a majority stake of the Dallas Mavericks to Miriam Adelson and casino tycoon Adelson family for valuation in range of $3.5 billion. In one of most unique setups in NBA history, Cuban keeps shares in team and full control of basketball operations. pic.twitter.com/9iTqZvoGX1— Shams Charania (@ShamsCharania) November 28, 2023
It appears as though Cuban only wants to do the fun part of owning a basketball team — as Charlotte puts it, looking at plays not a spreadsheet. Unless, of course, it’s a spreadsheet with player salaries since Cuban is reportedly still going to control basketball ops. And kudos to Amin for the following dad joke: “You don’t excel at Excel? Word.” Chef’s kiss.
“If you love basketball, you don’t do this deal.” @DarthAmin and @TheWilderThings look at the potential motives behind the Adelson family’s near $3.5 billion purchase in a majority stake of the Mavs while allowing Mark Cuban to maintain control over basketball operations.… pic.twitter.com/jLcUAluVpD— Oddball w/ Amin Elhassan and Charlotte Wilder (@oddballhoops) November 30, 2023
No matter how you slice the deal and its motivations, however, Amin sees the move as a MASSIVE red flag. And it all goes back to how Cuban made his money in the first place. Don’t remember that story? Let Amin explain.
“This is a massive red flag… I think Mark Cuban is looking and saying, ‘This is the bubble, and the bubble is about to burst.’”@DarthAmin explains why Mark Cuban selling a majority stake in the Mavs is a giant red flag ahead of the NBA negotiating its next rights deal. … pic.twitter.com/kfusXi8y6L— Oddball w/ Amin Elhassan and Charlotte Wilder (@oddballhoops) November 30, 2023
Amin sees similarities as well to Cuban leaving Shark Tank. TV, Amin notes, isn’t what it once was. Does Cuban want to keep working to make less or can he just live off the residuals? He doesn’t have to do the work anymore! Charlotte notes that perhaps he’s reached his threshold, unless there is something else coming down the pike that we don’t know about yet.
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Mark Cuban Sells Out!
- While Amin & Charlotte took in “the Culture” last night at the Kaseya Center to watch the Bucks beat the Heat to clinch a spot in the quarterfinals of the In-Season Tournament, news broke about Mark Cuban selling his majority stake of the Dallas Mavericks. What’s next for Cuban and the Mavericks? Then, it’s Wednesday, so you can count on Oddball to run up the score like the In-Season games with WORD COUNT! What will keep Tyrese Haliburton from winning MVP and who has a bleaker-looking future at the moment: the struggling Bulls, the Pistons and their 14-game losing streak or LaMelo Ball and his injury history?
Watch more below!
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