Cuban has sold the Mavs to Adelson-Dumont Family

[KillerLeft]

This clip is EXTREMELY informative:

https://x.com/DorothyJGentry/status/1740...14476?s=20

Mark Cuban on the luxury tax:

"Financially, we're in a far better position this afternoon than we were yesterday afternoon to be able to compete like that." 

Goes on to talk about how he was a "middle class billionaire" and the team needed new and deeper sources of revenue to compete. 

Basically, I think this was Cuban's attempt to compete financially with GS and LAC and whomever else is ready to spend like idiots. He made a bunch of money in the sale, sure, and I think he'll probably make more in the coming real estate maneuvers, but I really do kind of think he felt like the team needed to do this to compete and he couldn't make it happen alone. 

I hope it works, and he's won back some of my respect, tbh.