WHO IS MIRIAM ADELSON?
Adelson, 78, is a medical doctor and widow of
Adelson and her family own the
Adelson and her family are major players in the
The Adelson family was initially involved in efforts that in 2020 brought the NFL Raiders from
WILL THE MAVS RELOCATE?
It's doubtful Adelson would try to move the Mavericks to Las Vegas, especially since Cuban will retain responsibility over basketball operations. It's more likely the city would land an expansion team. NBA Commissioner
“There’s no doubt that there’s enormous interest in this (Las Vegas) market,” Silver said at the time.
BETTING ON TEXAS
Adelson’s goal of legalizing gambling in
She pumped more than
But the spending blitz failed to deliver a breakthrough this year in the
Underlining the political hurdles, the Texas GOP passed a resolution in March that renewed opposition among party activists, saying the purported benefits to allowing casinos “fail to overcome the substantial economic and social costs.”
CUBAN'S FUTURE
Because Cuban is leaving the popular TV show “Shark Tank” after 16 years in addition to selling his majority stake in the Mavericks, speculation online wondered if this portends a move into politics.
Cuban's own history has long fueled whether he has such a move in his future. He considered a presidential run in 2020 as an independent, and Cuban has long been an outspoken critic of Trump, who is projected to be a top contender to reclaim the Republican nomination next year.
But Cuban poured cold water on such talk Wednesday by telling
“My family would disown me,” he told the network in an email.
It's possible Cuban has an interest in making an impact in an entirely different field and will announce those plans at a later time. He also could simply decide to take a step back from the public eye.
WHAT’S NEXT?
It’s standard for the NBA to take several weeks and put the prospective new buyer of any franchise through a rigorous vetting process, going through not just financial records but anything and everything that might be problematic.
After that vetting occurs, the
A statement by the Adelsons said they were hoping to complete the transaction by the end of the year.
It also would seem possible that the sale could be finalized by the All-Star break in mid-February when Silver holds a news conference to discuss league matters. Silver will also likely address the potential sale at the In-Season Tournament in
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AP Pro Basketball writer
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