“The Dallas Mavericks are one of the world’s most successful and recognizable sports franchises,” the Adelson and Dumont families said in the statement. Miriam Adelson, the widow of Sheldon Adelson and majority shareholder in Las Vegas Sands, has a fortune estimated at $33 billion by Bloomberg. The deal, expected to close by the end of the year, if approved by the NBA Board of Governors, would hand control of the Mavs to the Adelson family.Īccording to Las Vegas Sands spokesperson Ron Reese, the Adelson family, including Miriam Adelson’s daughter and son-in-law, Sivan and Patrick Dumont, have entered into a binding purchase agreement to buy majority ownership to the Mavericks.ĭr.
The family behind one of the world’s largest casino empires reached a deal to buy a majority stake in the NBA’s Dallas Mavericks from billionaire Mark Cuban, according to a statement released by Miriam Adelson and family, the majority shareholders of Las Vegas Sands, on Wednesday.
