Cuban has sold the Mavs to Adelson-Dumont Family

[khaled1987]

Maybe I just worded it poorly.

THE BIG PICTURE FACTS

Using your numbers, before the sale, The Mavs Franchise (inclusive) was previously owned by Cuban (85%) and others (15%), and 0% by Adelson.

75% of The Mavs Franchise (inclusive) will now be owned by Adelson. 25% of The Mavs Franchise (inclusive) will now be owned by Cuban. 0% of The Mavs Franchise (inclusive) will now be owned by others.

The A's would have paid a total of $2.625B (75% of $3.5B) for what they bought.

THE DETAILS OF HOW THEY GOT THERE? SOME FACTS, SOME GUESSES, SOME UNKNOWNS

If Cuban owned 85% and others owned 15%, then we know that ultimately Cuban sold 60 (of his 85) and the others sold their 15.

To get to that end result, the minority owners sold all of their shares. Did they sell to Cuban or to Adelson as part of a separate transaction? I doubt it, as none of the 3 parties would have been fully protected if the rest of the deal didn't close. But that niggling point is not specifically addressed.

My educated guess -- It was a transactional closing in which a huge hunk of the Mavs were being sold, Adelson paid a huge amount of money, and then both Cuban and the minority owners received their designated share from the closing. (Whether they both received the same price per share, who knows?) And then "summary" numbers are leaked.

Is there is a confirmation about minority owners selling their part? I don't remember reading that but I missed a lot of news lately. 
If not, then maybe Cuban actually only sold 61% of the Mavs (he owned 86%) and the 2.625B was paid for him?
The reports mistaken the valuation of the team and Cuban actually got the Mavs valued at 4.3B which sounds about the right price? 
https://www.forbes.com/sites/mikeozanian...0c71f209d7

Forbes valued the Mavs at 4.5B and 7th most valuable Franchise in NBA, and in most cases the NBA teams were sold higher than Forbes estimates rather than lower. 

I mean looking at the Math, Cuban and Adelson can't force minority owners to accept to sell their stake at 1B less valuation , that is 140M loss. And if Cuban cover for it from his share, that is 0.75B loss? For what? To control Basketball operations? I know he loves the Mavs but he doesn't love it as much.

Something is simply miss reported, either about minority stake, the numbers or a separate deal for something else that cover for such numbers (the whole casino stuff) 

One last question I've, I know in many countries,  25% is the exact needed amount for a "veto right" but is that the case in USA? Because if it is then it is interesting number for him to keep