Cuban has sold the Mavs to Adelson-Dumont Family

[Jason Terry]

1 The reporting on Cuban's role is weird. In most recent Windy podcast, Tim M reports Cuban will have ongoing and 'forevermore' control of the basketball side (what he has been told, of course), yet the reporters all accept that Adelsons will be the Governor, and agree that the Governor is the one with NBA control. What's the actual situation? There are a lot of possibilities (including that there are some misunderstandings or false claims in the mix).

The only one that makes all the claims legit is that Adelson will be NBA Governor, but will give Cuban actual in-house control over all the basketball part as long as he wants, which then creates as many questions as answers. How far would that control extend? Who makes the decisions on spending? What if Cuban screws it up? It somewhat implies  they have no real interest in the team (which is possible), but owning a $3.5B plaything that you just have on the side and don't control seems unlikely, even for someone who is ultra-rich.

2 I don't think "move the team to LV" is part of the backup equation. Adelsons can do a LV casino deal any time they wish, without Cuban/Mavs. They wouldn't get NBA approval to abandon a top 5 market because 'we wanted a casino and TX won't change the laws to satisfy our whims.' And I really think this is about owning a massive chunk of waterfront Town Lake land, one way or another, which of course doesn't relate to moving the team elsewhere.

That's just my view, of course. It remains to be seen how this will actually play out.

All good points as usual, F Gump

Saw the Timmy Mac “forevermore” as well. Cuban has explicitly stated his children won’t inherit his role. To me, this sounds like Cuban will have control until death and control would pass to A’s son. 

What is control? I think it extends up to the point of spending(so all non-spending basketball decisions). A’s could set the spending limits at whatever level they wish. If Cuban wanted to surpass those levels he could pay for it on his own? Or maybe both sides need to agree and they do it on a case by case or year by year basis

Why would the A’s give up control on the multi-billion plaything they just bought? Because they would be creating their own new multi-billion plaything: casino resorts in Texas. Both the A’s and Cuban would get the thing they want the most. Why would the A’s not just take both? They will get both, over time. This might have been the best option out there for them