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Cuban has sold the Mavs to Adelson-Dumont Family
Here it is, right from the horse's mouth. It was about a real estate play, as we thought. 

AND, I suspect Cuban saw that the need to pay tax was approaching in order to maximize the Luka era and simply did not want to be the one on the hook for paying it.

https://x.com/sixfivelando/status/174015...53909?s=20

Quote:Mark Cuban: “They’re not basketball people, I’m not real estate people. That’s why I did it. I could’ve got more money selling to someone else, obviously I’m really excited, but it’s a great partnership.”

On luxury tax: “They basically said do what you gotta do, I want to win.”
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Messages In This Thread
RE: Cuban to sell most of the Mavs - by F Gump - 11-28-2023, 10:22 PM
RE: Cuban to sell most of the Mavs - by mvossman - 11-28-2023, 08:29 PM
RE: Cuban to sell most of the Mavs - by MrGoat - 11-29-2023, 12:11 AM
RE: Cuban to sell most of the Mavs - by chaparral - 11-28-2023, 08:17 PM
Jason Terry - by Jason Terry - 11-29-2023, 10:08 PM
Jason Terry - by Jason Terry - 11-30-2023, 09:31 PM
RE: Jason Terry - by F Gump - 12-01-2023, 02:47 AM
Jason Terry - by Jason Terry - 12-01-2023, 07:08 AM
RE: Jason Terry - by F Gump - 12-01-2023, 04:59 PM
Jason Terry - by Jason Terry - 12-02-2023, 08:30 AM
Jason Terry - by Jason Terry - 12-02-2023, 10:39 AM
RE: Jason Terry - by hakeemfaan - 12-02-2023, 07:51 PM
JamesConway912 - by JamesConway912 - 12-27-2023, 04:21 PM
RE: Cuban has sold the Mavs to Adelson-Dumont Family - by KillerLeft - 12-27-2023, 08:08 PM

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