NBA Commissioner Adam Silver spoke about the recent sale of the Mavericks to the Adelson-Dumont families and paid tribute to Mark Cuban’s impact as owner during his press conference at All-Star weekend. Although the new majority shareholders have gaming interests due to their ties to the Las Vegas Sands company, Silver assured that all gaming rules would apply to them just like other teams. The Adelson-Dumont families had attempted to purchase NBA teams previously and they operate on a global basis, according to Silver.
Silver also praised Cuban’s impact on the league, describing him as a game-changing owner and highlighting his influence in the early days of the league. While Cuban no longer has a controlling stake in the team, he maintains ownership and continues to have influence over basketball operations. However, the day-to-day management falls under the jurisdiction of Nico Harrison, the team’s general manager. Silver further emphasized Cuban’s ongoing presence and involvement with the Mavericks, even after the recent sale.
Silver’s comments provided reassurance that the league would maintain control over the relationship with the gaming industry, despite the recent change in team ownership. Additionally, they highlighted Cuban’s enduring influence on the Mavericks organization and his ongoing role, despite the change in ownership structure.
