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Mark Cuban’s recent moves have people thinking he’s up to something big.
Earlier this week, Cuban went viral when he revealed that he was leaving the Shark Tank after 15 years on the show.
On Tuesday, the billionaire NBA owner made the shocking decision to sell a majority stake in the Dallas Mavericks to casino mogul Miriam Adelson and the Adelson family for a valuation of $3.5 billion.
Mavericks governor Mark Cuban is in the process of selling a significant percentage of the franchise to Miriam Adelson, the widow of Las Vegas casino magnate Sheldon Adelson, a person familiar with negotiations confirmed to The Dallas Morning News.
Cuban, 65, would maintain operational control, the person said, even though the Adelson would own a greater than 50% stake of the Mavericks.
The move immediately shocked the NBA world, and led people to believe that Cuban may be considering running for President.
Is… Mark Cuban running for President?
— Kirk Henderson (@KirkSeriousFace) November 28, 2023
This, a day after leaving Shark Tank, my snap thought and question: is Mark Cuban about to run for President, or something crazy? https://t.co/Ohjp7pB3Td
— Jeff D. Lowe (@JeffDLowe) November 29, 2023
There’s also speculation that Cuban may be getting ready to make a major push to open a casino resort in Texas.
The pending deal, if finalized and approved by the NBA Board of Governors, would merge the interests of Cuban and the Las Vegas Sands Corporation, which have planned to partner in building a Dallas resort casino and arena, if gambling is legalized in Texas.
Cuban, who has previously flirted with running for President, told NBC News that he wouldn’t run as a third-party candidate earlier this year.