NBA Board of Governors approves sale of Mavericks to Adelson and Dumont families

NEW YORK – The NBA Board of Governors has approved the sale of the controlling interest in the Dallas Mavericks from Mark Cuban to the families of Dr. Miriam Adelson and Sivan and Patrick Dumont.

Mr. Dumont, President and Chief Operating Officer of Las Vegas Sands Corp., will serve as the Mavericks’ Governor.

The transaction is expected to close this week.