Adelson

A detailed view of the Dallas Mavericks logo on the court during the fourth quarter in Game Four of the 2022 NBA Playoffs Western Conference Finals between the Golden State Warriors and the Dallas Mavericks at American Airlines Center on May 24, 2022 in Dallas, Texas.Ron Jenkins  | Getty ImagesNews that Miriam Adelson and her family would sell $2 billion in Las Vegas Sands stock to buy a majority stake in the NBA's Dallas Mavericks stunned the sports and gambling worlds alike.After all, Las Vegas is the headquarters of…

Billionaire investor Mark Cuban is selling a majority stake of the Dallas Mavericks to Miriam Adelson and her family, a source familiar with the deal told CNBC.Cuban still owns a stake in the team and will run basketball operations.Adelson is selling $2 billion worth of Las Vegas Sands stock, or roughly 10% of her stake, according to an announcement from the company. The proceeds will be used to buy a professional sports team, the casino company said in a filing Tuesday.Adelson and her family are the largest shareholders…