Mark Cuban Rewards Mavericks Staff with $35M in Bonuses Post-Stake Sale
TL;DR
Mark Cuban, after selling his majority stake in the Dallas Mavericks to Miriam Adelson's family for $3.5 billion, is giving $35 million in bonuses to team employees. The new governor of the Mavericks will be Patrick Dumont, Adelson's son-in-law. Cuban, who still owns 27% of the team and manages basketball operations, expressed his gratitude to the staff for their dedication to the organization in an email, outlining that the bonus amounts were determined by the length of each employee's service to the team.
Topics:sportsbusinesssports##businesssports#dallasmavericks#employeebonuses#markcuban#miriamadelson#teamsale
- Mark Cuban giving $35 million in bonuses to Dallas Mavericks employees after team sale USA TODAY
- Former majority owner Mark Cuban tells Dallas Mavericks employees he'll distribute $35M in bonuses Yahoo Sports
- Mark Cuban, Mavericks paying employees $35M in bonuses after sale of majority stake New York Post
- Mark Cuban says he will remain 'active partner' in letter to Mavs WFAA.com
- Mark Cuban Paying Mavs Employees $35 Mil In Bonuses After Selling Stake In Team TMZ
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