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Fortune
Fortune
Steve Mollman

Mark Cuban says being 'self-aware' led him to sell Dallas Mavericks stake: 'I'm not a real estate person'

Mark Cuban NBA Basketball The Dallas Mavericks
Photo of Mark Cuban (Credit: Richard Rodriguez/Getty Images)

Mark Cuban knows what he doesn’t know—and he doesn’t know real estate.

That’s what led him to sell his majority stake in the Dallas Mavericks to families linked to Sheldon Adelson, the late Las Vegas casino magnate. Yesterday the NBA announced its approval of the $3.5 billion deal, which will see Cuban keep a minority stake.

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