NBA approves $3.5bn Dallas Mavericks sale to casino mogul
by Associated Press from US news | The Guardian on (#6HDYY)
- Miriam Adelson's family acquires majority stake in franchise
- Mark Cuban will maintain control of basketball operations
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.
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