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Mark Cuban made a lasting impression in the NBA.
While his tenure in charge of the Dallas Mavericks wasn’t always perfect, he certainly took major steps in turning them into a world-class organization.
Cuban made sure to give his players a state-of-the-art facility and some perks no other teams have even considered at the moment, raising the bar for other owners in the league.
Now, after 24 years as their majority owner, he’s ready to step aside.
In a recent appearance on Jalen Brunson’s and Josh Hart’s Roommates Show, the business mogul explained why he sold his majority stake.
He started off by stating that he didn’t want to put his children in a position in which they felt obliged to take the reins of the team.
He believes they must figure out what they want to do once they get out of school, and that kind of burden is too much to put on their shoulders.
More than that, he also believes that the NBA ownership landscape has changed a lot recently.
While he states that he could still keep up financially and keep writing checks, he argued that his forte has always been technology, whereas the league is pivoting toward real estate, new arenas, and whatnot.
The Adelson-Dumont family has more than enough experience making money, and they’re expected to build several properties and casinos in the area, including potentially a new arena.
This was the end of an era in Dallas, but at least Cuban decided to stay in some capacity.
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