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WEKU
WEKU
The Associated Press

Mark Cuban working on sale of NBA's Mavericks to Sands casino family, AP source says

Mark Cuban Mavericks NBA SANDS Sheldon Adelson Miriam Adelson Dirk Nowitzki Basketball Dallas Mavericks
Dallas Mavericks owner Mark Cuban applauds as Mavericks are introduced for an NBA against the Denver Nuggets on Friday, Nov. 3, 2023, in Denver. Cuban is reportedly in talks to sell his stake in the team to the Miriam Adelson, widow of Las Vegas casino magnate Sheldon Adelson. (David Zalubowski/AP)

Dallas Mavericks owner Mark Cuban is working on a deal to sell a majority stake in the NBA franchise to the family that runs the Las Vegas Sands casino company, a person with knowledge of the talks said Tuesday night.

The agreement would be in the valuation range of $3.5 billion and take weeks for the league to process, according to the person, who spoke to The Associated Press on condition of anonymity because details weren't being made public.

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