Cuban has sold the Mavs to Adelson-Dumont Family

[StrandedOnBeauboisHill]

On the AAC, the City of Dallas paid $140M of the $420M total cost. The Mavs and Stars each paid part of the rest (presumably $140M each as well). I would not expect the new arena to be built without taxpayer money either.

"Dallas taxpayers approved a new hotel tax and rental car tax to pay for a new arena to cover a portion of the funding, with the two benefiting teams, the Mavericks and the Stars, picking up the remaining costs, including cost overruns."
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" The city and both teams worked together as a new hotel and car rental tax was passed, along with the teams paying their share, helping pay for the $420 million arena."
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6/15/2010  "Thanks to tax revenues that exceeded expectations, the city of Dallas will be retiring debt on American Airlines Center more than 15 years early. The debt — some $140 million, issued in 1998 — was scheduled to be paid off in 2027. However, tax revenue from hotel and car-rental taxes flowed in at a much higher rate than city officials anticipated, giving them the option to pay down early."

Oh I’ve been operating an incorrect understanding of this for a while. I thought the AAC was kind of the last arena built without much help but I stand corrected.