Current:Home > MyMark Cuban giving $35 million in bonuses to Dallas Mavericks employees after team sale -×
Mark Cuban giving $35 million in bonuses to Dallas Mavericks employees after team sale
View
Date:2025-04-19 04:42:15
Employees of the Dallas Mavericks are going to be some happy campers soon after owner Mark Cuban said he will be paying them $35 million in bonuses.
The windfall comes after Cuban sold his majority stake in the team to casino mogul Miriam Adelson and her family for $3.5 billion. The new Mavericks governor will be Patrick Dumont, the CEO and president of Las Vegas Sands Corporation and Adelson's son-in-law.
Cuban still retains 27% ownership and will be handling basketball operations for the team. Cuban sent an email to employees informing them of the bonus.
“As a thank you for all your hard work making the Mavs an amazing organization, each of you will be receiving a bonus from myself, and the Adelson and Dumont families,” an email, obtained by ESPN.com, read. “In total we will be paying out approximately $35 plus million dollars in bonuses to you all.
“To calculate your bonus, we used a framework that took into consideration how long you have worked for the Mavs. You will receive your bonus in the very near future. I’m excited to continue our work making the Mavs the best franchise in all of sports! Let’s go Mavs!”
veryGood! (9)
Related
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- Dawn Staley is more than South Carolina's women's basketball coach. She's a transcendent star.
- Quincy Jones leaves behind iconic music legacy, from 'Thriller' to 'We Are the World'
- After surprising start, Broncos show they're still far from joining AFC's contender class
- Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
- Psychotropic Medications and High Heat Don’t Mix
- Tornado threats remain in Oklahoma after 11 injured, homes damaged in weekend storms
- Who is San Antonio Spurs interim coach Mitch Johnson?
- US wholesale inflation accelerated in November in sign that some price pressures remain elevated
- Penn State's James Franklin shows us who he is vs. Ohio State, and it's the same sad story
Ranking
- Global Warming Set the Stage for Los Angeles Fires
- Kourtney Kardashian Shares Photos of Baby Rocky's First Birthday Party Celebrations
- Your Election Day forecast: Our (weather) predictions for the polls
- The final day of voting in the US is here, after tens of millions have already cast their ballots
- New Mexico governor seeks funding to recycle fracking water, expand preschool, treat mental health
- How to Build Your H&M Fall Capsule Wardrobe: Affordable Essentials to Upgrade Your Style
- Homes wiped out by severe weather in Oklahoma: Photos show damage left by weekend storms
- NFL overreactions Week 9: Raiders should trade Maxx Crosby as race for No. 1 pick heats up
Recommendation
Travis Hunter, the 2
What Donny Osmond Really Thinks of Nephew Jared Osmond's Real Housewives of Salt Lake City Fame
Opinion: Harris' 'SNL' appearance likely violated FCC rules. There's nothing funny about it.
JonBenét Ramsey Docuseries Investigates Mishandling of Case 28 Years After Her Death
Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
Wisconsin voters to decide legislative control and noncitizen voting question
NFL trade deadline live updates: Latest news, rumors, analysis ahead of Tuesday's cutoff
Pottery Barn 1-Day Sale: Snag $1.99 Wine Glasses, $7.99 Towels, $2.99 Ornaments, and More Deals