Mark Cuban: These 2 industries will be the 'next wave of revenue generation' in sports—but they 'aren't my strengths'
Publishing timestamp: 2024-02-01 10:13:56
Summary
Mark Cuban sold a majority stake in the Dallas Mavericks to the Adelson family because he believes the next wave of revenue generation in the NBA is in real estate and entertainment, which are not his strengths. The Adelsons have a background in entertainment, casino, and real estate, making them better suited for these pursuits. Cuban also mentioned his desire to spend more time with his family and hinted at his interest in sports betting.
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Keywords: las vegas sands corp, basketball, sheldon adelson, mark cuban, nba, merv adelson, entrepreneurship, nba teams, entertainment, career change,
Source: https://www.cnbc.com/2024/02/01/mark-cuban-2-industries-will-be-next-wave-of-revenue-in-sports.html