Current:Home > Contact-usMark Cuban giving $35 million in bonuses to Dallas Mavericks employees after team sale-Angel Dreamer Wealth Society D1 Reviews & Insights
Mark Cuban giving $35 million in bonuses to Dallas Mavericks employees after team sale
View Date:2025-01-09 08:11:01
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! (39583)
Related
- Missouri prosecutor says he won’t charge Nelly after an August drug arrest
- As Mardi Gras nears, a beefed-up police presence and a rain-scrambled parade schedule in New Orleans
- Bruce Springsteen Mourns Death of Mom Adele With Emotional Tribute
- Brad Pitt to star in Quentin Tarantino's final film 'The Movie Critic': Reports
- Mississippi expects only a small growth in state budget
- These Are the Climate Grannies. They’ll Do Whatever It Takes to Protect Their Grandchildren
- Groundhog Day 2024 marks 10 years since Bill de Blasio dropped Staten Island Chuck
- NCAA men's tournament Bracketology: North Carolina hanging onto top seed by a thread
- LSU student arrested over threats to governor who wanted a tiger at college football games
- Fani Willis' court filing confirms romantic relationship with lawyer on Trump case but denies any conflict
Ranking
- Who's hosting 'SNL' tonight? Musical guest, start time, where to watch Nov. 9 episode
- Senate close to unveiling immigration deal and national security bill, Schumer says
- Sacramento family man Ray Wright is abducted. A soda cup leads to his kidnappers.
- European farmers rage at EU parliament in Brussels, but France protests called off after 2 weeks of mayhem
- Utah AD Mark Harlan rips officials following loss to BYU, claims game was 'stolen from us'
- Caitlin Clark is known for logo 3s. Are high school players trying to emulate her?
- Did Buckeye Chuck see his shadow? Ohio's groundhog declares an early spring for 2024
- Caitlin Clark is the face of women’s basketball. Will she be on the 2024 Olympic team?
Recommendation
-
Justine Bateman feels like she can breathe again in 'new era' after Trump win
-
Group will appeal court ruling that Georgia voter challenges don’t violate federal law
-
Shooting deaths of bartender, husband at Wisconsin sports bar shock community
-
Wayne Kramer, co-founder of revolutionary rock band the MC5, dead at 75
-
Gold is suddenly not so glittery after Trump’s White House victory
-
Preliminary injunction hearing set for Feb. 13 in case targeting NCAA ban on recruiting inducements
-
As Mardi Gras nears, a beefed-up police presence and a rain-scrambled parade schedule in New Orleans
-
Video shows skiers trying to save teen snowboarder as she falls from California chairlift