Mark Cuban, in selling the Dallas Mavericks to the Adelson and Dumont families, opted not to secure a separate employment agreement.
Sources tell Marc Stein that Cuban could have retained control over the team’s basketball operations, but declined, citing his trust in Patrick Dumont. Cuban, 65, also prefers to avoid formal employment.
However, the sale agreement grants Miriam Adelson and Dumont the option to acquire an additional 20 percent of Cuban’s 27 percent share within the first four years.
Mark Cuban Declined To Seek Contractual Protection To Continue Running Mavs' Basketball Ops https://t.co/9kY7Smdj5A
— RealGM (@RealGM) April 11, 2024
