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Star-Telegram columnist reacts to news that Mark Cuban is selling a controlling stake in the Mavericks

mark cuban
Imagn | Petre Thomas-USA TODAY Sports

Star-Telegram sports columnist Mac Engel thinks Mark Cuban has several reasons for selling a controlling stake in the Mavericks to Las Vegas Sands, a multi-national casino conglomerate.

Last night, news emerged that Cuban is selling $3.5 billion worth of his $4.5 billion team while retaining control of basketball operations. Engel appeared today on the KRLD Morning News with Mike Rogers and Heather Behrens.


Engel speculates that one reason for the sale could be that Cuban is moving into another stage in life. Cuban is 65 and — unlike Jerry Jones and the Cowboys — he does not appear to have an heir apparent in his own family to take over for him when it's time.

He points out that, just this week, Cuban announced plans to step down from "Shark Tank", the business reality TV show he joined in its third season. So, perhaps, Cuban is seeking to simplify his world.

Another reason may simply be the numbers. That $3.5 billion is more than ten times what Cuban paid for the team 23 years ago. Engel also discounts worries that selling to a Las Vegas corporation signals that the team may re-locate.

He believes the NBA would never permit such a financially successful team to leave a market like Dallas, the fourth-largest in the United States.

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