Brian Windhorst Reveals Mark Cuban Walked Away With $2.7 Billion Cash, But Lost Mavericks Governorship

Mark Cuban made a huge profit last year by selling his majority stake in the Dallas Mavericks for $2.7 billion. However, the astonishing money came at a price as the 65-year-old had to trade away his governorship of the franchise. Recently, Brian Windhorst revealed the intricate details of this deal, which put into perspective the difficult position the 65-year-old currently finds himself in.

During his last performance op Pat McAfee show, Windhorst discussed Cuban’s current position in Mavs management. He outlined how the latter had lost even the control he expected to have after selling his majority stake in the franchise.

“He walked away with $2.7 (billion) cash in his bank account…I think his title is ‘Mavericks Proprietor’…They made it up because he was in some kind of sticky situation where he actually helped this to build a team without owning it anymore… When he sold the team, he thought, “I’m still running the basketball operations.” I don’t think so, you are not the governor.”

Cuban’s distance from the Mavs roster in recent weeks has fueled this discussion. Despite being known for his enthusiasm on the sidelines, the billionaire was nowhere to be seen during the franchise’s impressive playoff run.

‘Windy’s words helped reveal the whole picture. After selling the 73% stake in the Mavs at a valuation of approximately $4.5 billion (according to Forbes), Cuban lost all administration completely to the new buyers, Miriam Adelson, and the Dumonts.

After this, Patrick Dumont, Adelson’s son-in-law, became the team’s governor, limiting Cuba’s authority over the organization.

Despite this, it was announced that Cuban would have a say in the franchise’s basketball operations for years to come. However, Windy’s comments invalidated this promise as there was no contractual agreement between the parties stating the same.

Thus, Cuban’s decision to gradually break away from the team is justified. After all, the fan-favorite NBA owner made a purely business decision when he decided to sell the franchise. He had undoubtedly weighed his options before finally letting his judgment dictate his emotions.

That being said, this transition still marked a heartbreaking end to a great run in Texas. Since taking over a struggling franchise in 2000, Cuban has slowly turned things around and even brought an NBA championship to town in 2011. Despite all he has done, he should undoubtedly be considered a hero by the city of Dallas.