Showing posts with label Patrick Dumont. Show all posts
Showing posts with label Patrick Dumont. Show all posts

Thursday, 28 December 2023

NBA APPEOVES MARK CUBAN'S SALE OF MAVS' MAJORITY STAKE

NBA.com

The NBA Board of Governors approved Mark Cuban's sale of the controlling interest in the Dallas Mavericks to casino mogul Miriam Adelson and her family.

Patrick Dumont, Adelson's son-in-law and the president and CEO of Las Vegas Sands Corp., will serve as the Mavericks' governor.

The transaction is expected to close this week, according to a news release from the league on Wednesday.

According to earlier reports, Cuban is expected to maintain control of the Mavericks' basketball operations.