![]() ![]() ![]() The filing identified Miriam Adelson, a medical doctor and widow of casino magnate Sheldon Adelson, and the Miriam Adelson Trust as sellers, but it didn't specify a team, league or location. The agreement would be in the valuation range of $3.5 billion and take weeks for the league to process, The Associated Press reported, citing a person with knowledge of the talks.Īccording to an SEC filing, the Adelson family is selling almost $2 billion in stock in the Las Vegas Sands Corp., "to fund the purchase of a majority interest in a professional sports franchise pursuant to a binding purchase agreement, subject to customary league approvals." Mark Cuban would remain governor of the franchise and in control of all basketball decisions, according to sources. ![]() Sources: Mark Cuban nears sale of Mavericks stake to Adelson familyĭALLAS - The Adelson family has had advanced discussions about buying a significant share of the Dallas Mavericks, sources told ESPN. You have reached a degraded version of because you're using an unsupported version of Internet Explorer.įor a complete experience, please upgrade or use a supported browser ![]()
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