""I don't regret selling, I regret who I sold to. I made a lot of mistakes in the process, and I'll leave it at that.""
""Nothing's really changed except my bank account," Cuban stated after closing the deal in December 2023."
""People snickered in January 2000 when Internet tycoon Mark Cuban bought the Dallas Mavericks.""
""Not only was Mr. Cuban throwing his cash around, he seemed too goofy to last long in the ultracompetitive NBA.""
Mark Cuban purchased the Dallas Mavericks in 2000 for $285 million and sold his majority stake in 2023 for $3.5 billion. The buyer was the family of Miriam Adelson. Cuban expressed regret over the sale, stating he made mistakes in the process. Initially, he had a successful run with the Mavericks, transforming the team's culture and performance. Despite selling, he retains a 27.7% ownership stake in the team. Cuban's feelings about the sale represent a significant shift from his earlier statements.
Read at Fortune
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