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Mark Cuban Sells Majority Stake In NBA’s Dallas Mavericks
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Mark Cuban says there’s “no likelihood” he is making an attempt to marketing campaign his method into the White Home … following hypothesis he may run for President in 2024 after promoting a majority stake within the NBA’s Dallas Mavericks.
Feedback of the supposed political transfer flooded in on X … although the billionaire tells TMZ {that a} presidential marketing campaign path for subsequent yr was “galaxies off” and including, “household would disown me.”
Bear in mind … after years of constructing his empire, Mark is placing household first — saying on the Showtime podcast “All The Smoke” Monday he was leaving “Shark Tank” after 16 seasons because it conflicts along with his private time.
And naturally … turning into President — arguably the busiest job on the earth — would not do a complete lot to clear up his schedule.
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Nonetheless, he is entertained the concept earlier than, divulging to Harvey on “OBJECTified” in 2017 that he’d run as a Republican to problem Donald Trump. In 2019, Mark informed us his household “voted down” his severe want to run for President in 2020.
The renewed political chat gained traction after TMZ Sports activities confirmed Mark was promoting his majority stake, reportedly valued at $3.5B, to Miriam Adelson … getting a large return on the funding after shopping for the crew in 2000 for $285 million.
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He’ll retain some shares and be the lead decision-maker in terms of basketball ops — however billionaire widow/heiress Adelson has some plans of her personal for the Mavs … primarily constructing a brand new enviornment and on line casino — if a playing invoice passes in Texas.
As for Mark … he’ll have much more free time on his palms … and who is aware of, perhaps the Oval Workplace shall be calling his title in 2028 …
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