DALLAS — Mark Cuban beamed about forming a «great partnership» hours after the NBA board of governors approved the sale of the controlling interest of the Dallas Mavericks to the families that run the Las Vegas Sands casino company, a deal that will allow Cuban to continue running the franchise's basketball operations.
The deal was approved Wednesday, just shy of a month after the families of Miriam Adelson and Sivan and Patrick Dumont announced their intention to buy the club.
The purchase is at a valuation in excess of $4 billion, sources told ESPN. «Nothing's really changed except my bank account,» Cuban said after wrapping up his 3-point shooting session on the American Airlines Court about 2½ hours before Wednesday night's game against the Cleveland Cavaliers. «I feel really good.
I think it's a great partnership. It's what the team needed on the court and off. I'll still be overseeing the basketball side of it, but having a partner like Patrick and Sivan and Miriam and their ability to build and to redevelop the arena and whatever comes next beyond that just puts us in a much better position to compete.