May 2023 Dallas Mavericks Wiretap

Mark Cuban Has 'No Plans' To Run For President In 2024

Nov 29, 2023 5:17 PM

Mark Cuban reiterated on Wednesday he has "no plans" to run for president in 2024. Speculation on Cuban's future has ramped up following his agreement to sell a majority stake int he Dallas Mavericks to the Adelson family, as well as his announcement he will leave Shark Tank.

Cuban has long been linked with a White House run as he floated an independent run in 2020. 

In an email to NBC News in July, Cuban said “my family would disown me” if he ran for president.

Vaughn Hillyard, Summer Concepcion/NBC News

Tags: Dallas Mavericks, NBA

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Mark Cuban 'Determined To Operate As Very Active Partner' On Basketball Side Of Mavs

Nov 29, 2023 1:18 PM

Mark Cuban has agreed to sell a majority stake in the Dallas Mavericks to the Adelson family while he is expected to retain control on basketball operations and serve as governor. 

Marc Stein reports that Cuban "has certainly granted more front-office autonomy to general manager Nico Harrison (hired in June 2021) than many initially expected and has likewise relished that Mavericks CEO Cynthia Marshall has run the business side since her arrival in February 2018." The Mavericks hired Marshall following an in-depth report from Sports Illustrated detailing the "corrosive workplace culture" of the franchise.

Cuban continues to take a very active role on the basketball side of the Mavericks and "his focus in recent years has been placed almost exclusively on the basketball side."

"League sources say he is determined to operate as a very active partner to the Adelsons on the basketball front while happily letting them focus on the pursuit of TV money, real-estate plays for the franchise, their continued efforts to lobby Texas lawmakers to legalize gambling, etc.," writes Stein.

Marc Stein/Substack

Tags: Dallas Mavericks, NBA, NBA Misc Rumor

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Mark Cuban Agrees To Sell Majority Stake In Mavericks To Adelson Family At $3.5B Valuation

Nov 28, 2023 10:12 PM

Mark Cuban has agreed to sell a majority stake of the Dallas Mavericks to Mirian Adelson for a valuation in the range of $3.5 billion, sources tell Shams Charania of The Athletic. The initial reporting on the Adelson family's purchase was by Marc Stein.

Cuban will retain shares in the Mavericks and also full control of basketball operations while also remaining governor. Cuban purchased the Mavericks in 2000 for $285 million.

The Adelson family is selling almost $2 billion in stock in the Las Vegas Sands Corp., "to fund the purchase of a majority interest in a professional sports franchise pursuant to a binding purchase agreement, subject to customary league approvals," according to an SEC filing.

The Sands group, led by Adelson and her son-in-law and company president, Patrick Dumont, has previously had discussions with Cuban about building a casino entertainment district in Dallas that would include a new arena for the Mavericks. 

Shams Charania/The Athletic

Tags: Dallas Mavericks, NBA, NBA CBA

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Luka Doncic Diagnosed With 'Low Grade' Thumb Sprain

Nov 28, 2023 1:09 AM

An MRI showed that Luka Doncic has a "low grade" thumb sprain, according to Jason Kidd.

Doncic suffered the injury on Saturday against the Clippers.

Doncic is cleared to play on Tuesday night against the Rockets. Doncic participated in practice with a wrap over his thumb.

ESPN

Tags: Luka Doncic, Dallas Mavericks, NBA, NBA Injury

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Luka Doncic Suffers Left Hand Injury, Not Believed To Be Broken

Nov 26, 2023 9:14 AM

Luka Doncic suffered an injury to his left hand in the opening minute of the Dallas Mavericks loss to the LA Clippers on Saturday. Doncic stayed in the game and played 38 minutes, but had his hand wrapped following the loss.

"I don't think it's broken," said Doncic, who was wearing a wrap around his left hand and thumb. "We will see further tomorrow in Dallas."

A source told ESPN that Doncic's injury is "good". The Mavericks next game is against the Houston Rockets on Tuesday, giving Dallas star a couple of days to recover.

Ohm Youngmisuk/ESPN

Tags: Luka Doncic, Dallas Mavericks, NBA, NBA Injury

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Mavericks Unlikely To Pursue Trade For Zach LaVine

Nov 15, 2023 1:21 PM

The Dallas Mavericks are unlikely to pursue Zach LaVine, one source tells Marc Stein.

The Mavericks already have a pair of ball dominant stars in Luka Doncic and Kyrie Irving.

LaVine is expected to be put on the trade block by the Chicago Bulls. The Los Angeles Lakers and Miami Heat are expected to be two of the teams with a more realistic chance of trading for LaVine.

LaVine is the second season of a five-year, $215 million contract.

Marc Stein/Substack

Tags: Zach LaVine, Chicago Bulls, Dallas Mavericks, NBA, NBA Trade Rumor, NBA Misc Rumor

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Mavericks Won't Use In-Season Tournament Court Due To 'Manufacturing Issue'

Nov 10, 2023 2:13 PM

The Dallas Mavericks will not use their In-Season Tournament court in Friday's game against the Los Angeles Clippers due to a "manufacturing issue."

The Mavericks will instead use their "core court" for the game.

When the Mavericks played in an In-Season Tournament game at the Denver Nuggets last Friday, Grant Williams noticed that the three-point line was not at the correct distance and a correction was made.

Tim MacMahon/ESPN

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