Mark Cuban shocked the sports world when he sold the Dallas Mavericks for $3.5 billion last year. Cuban, who bought the team from Ross Perot Jr. for $285 million in 2000, has always been a hands-on owner.

In December 2023, billionaire entrepreneur Mark Cuban sold a majority stake in the Dallas Mavericks, a National Basketball Association team he acquired in 2000 after making several successful business sales.

Thompson was pursued by the Lakers, where his dad played and is a current broadcaster, but picked the Mavericks. A future Hall of Fame player passed on the chance to play with Anthony Davis and LeBron James in favor of playing with Luka Doncic, Kyrie and the Mavs.

While on The Big Podcast with Shaquille O’Neal and Adam Lefkoe, Dallas Mavericks minority owner Mark Cuban was asked and explained why he sold 73% of the franchise to the Adelson and Dumont families last year.

Back in November of 2023, the NBA community learned that Mark Cuban was selling most of his stake in the Dallas Mavericks. Cuban sold the Mavericks to the Miriam Adelson family for a reported valuation of $3.

Former NBA team owner Mark Cuban didn't plan on selling his stake in the Mavericks, but he couldn't turn down the opportunity when it passed him by. In a recent appearance on the "BIG Podcast" with Shaquille O'Neal,

Mark Cuban’s decision late last year to sell his stake in the Dallas Mavericks came as a big surprise to many, but it was definitely a well-thought-out one. The longtime Mavs owner Cuban appeared this week on “The Big Podcast with Shaq.