NBA – To thank Mavericks employees following the sale of the club, Mark Cuban will distribute around $35 million in bonuses.
By selling 73% of the Mavericks, Mark Cuban filled his bank account, which was already full. For the businessman, who remains in charge of the franchise, ceding financial control was a necessary step.
“It’s what I love doing, but I’m also realistic about what I can do. I know what I’m good at. When I bought the team, I knew more about technology, the internet, and streaming than anyone else in the NBA. So I had a real advantage. Now, 23 or 24 years later, that’s no longer an advantage… The advantage is knowing what you can build and where. And it takes someone who is really, really, really good at it. And Patrick and Miriam are the best in the world, literally, at what they do. So when you have a world-class partner that can come in and grow your revenue base, so you’re not dependent on the same things as in the past, that’s a huge win. »
The sale to the Adelson and Dumont families, head of the now approved Las Vegas Sands casino company, Mark Cuban sent an email to club employees announcing a general bonus.
“To thank you for your hard work that has made the Mavs an extraordinary organization, each of you will receive a bonus from me and that of the Adelson and Dumont families” he writes like this. “In total, we will pay out approximately $35 million in bonuses. To calculate your bonus, we used a schedule that takes into account the length of time you worked for the Mavs. You will receive your bonus very quickly.”
2024-01-09 13:28:27
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