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Mavericks Hire Rick Welts as New CEO
#19
(12-19-2024, 06:22 PM)F Gump Wrote: He's now a minority owner. That's all. (And that likely has a limited shelf life too). As such, he's just a behind the scenes guy with no real influence, just like all the minority/limited partners for other teams you never heard of. The NBA called him out already on sitting in places where the real owner has seating rights if they want to use them, and perhaps the media will eventually catch up.

Isn't 25% is the needed amount for Veto power in ownership?  Cuban owns 27%. 

No one will have that amount and be completely out of the loop, there are NBA governers who owns less percentage. 

I think the right word is that he doesn't have control, but there is no way that he has no influence in the organisation.
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RE: Mavericks Hire Rick Welts as New CEO - by khaled1987 - 12-21-2024, 04:32 AM

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