NBA approves $3.5bn Dallas Mavericks sale to casino mogul

  • Miriam Adelson’s family acquires majority stake in franchise
  • Mark Cuban will maintain control of basketball operations

The NBA Board of Governors approved Mark Cuban’s sale of the controlling interest in the Dallas Mavericks to casino mogul Miriam Adelson and her family.

Patrick Dumont, Adelson’s son-in-law and the president and CEO of Las Vegas Sands Corp., will serve as the Mavericks’ governor.

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