NBA

The NBA's most human owner cashed out and invested $285 million in the Lone Ranger Cuban

Although Cuban sold most of his stake, he retained a stake and continued to have full control, a fairly rare occurrence in NBA history.

The report goes on to state that Mark Cuban will retain operational, control and final decision-making authority after the transaction is completed.

In 2000, he bought the Lone Ranger for $285 million and sold most of his stake for its current value of $3.5 billion.

The price is roughly in line with Forbes' latest valuation of the Lone Ranger at $4.5 billion.

With total assets of 5.1 billion yuan, it is painfully obvious that Mark is trying to make a high return on his investment. During his tenure, he continued to fulfill his commitments related to Novitzki, and in the last game before retirement, Barrea sent a contract worth $2.6 million to the departing Dirk.

These moves led to Mark Cuban being hailed by fans and the media as "the most human owner in the NBA."

Unlike other people who only focus on investment and profit, brag or talk big to attract attention, there is nothing false about the horse's practice of vegetarian food itself.

Judging by the results, he was a great success.

Not only did he receive $3.5 billion in cash, but he also retained a stake and full control.

So who is the new boss, Miriam Adelson? Why throw away $3.5 billion and give it all to old Master Cuban? According to public information, Miriam Adelson is worth 37 billion yuan, ranking 36th among the richest people in Israel.

Born in 1945, she received an honorary diploma of Science in Microbiology and Genetics and a Doctor of Medicine while still at school.

In addition, while working as a medical doctor, she founded a substance abuse centre and research clinic, as a result of which she amassed a substantial fortune.

Most of her wealth comes from Sheldon Adelson, CEO and chairman of the Las Vegas Sands Casino Company, and it's no surprise that he bought his stake in the Mavericks.

According to Li Shuangfu, a well-known media personality, the new owner is betting $3.5 billion on the imminent legalization of sports betting in Texas.

It has now been legalized in more than 30 states abroad, and it has been a great success.

However, due to the conservative attitude of the local government, Dextable has not yet been able to realize the mutual benefit of the investment. The new health boss sees an opportunity in this area and may plan to move the team to operate inside a large gambling hotel.

At the same time, the title of Shams paraphrases that Cuban will still have the operation, control and decision-making power after the sale of a majority stake is only one of the speculation.


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