Mark Cuban Selling Dallas Mavericks Majority Stake Amid 'Shark Tank' Departure
Mark Cuban, 65, is reportedly selling majority stake of the Dallas Mavericks to Miriam Adelson for around $3.5 billion but will keep shares and full control of basketball operations.
Cuban recalled his excitement in purchasing the Mavericks and his decision to step back from the team following his departure from ABC’s Shark Tank.
Cuban revealed that he will be leaving Shark Tank after the forthcoming 16th season, marking his 16th year on the show.
As a panelist on Shark Tank, Cuban joined the show to improve the team and has remained a key investor since.
Cuban's investment in Beatbox beverages has proven successful, with the company's value surpassing $200 million.