Mark Cuban Sells Mavs $3.5 Billion Majority Stake; Presidential Run Next?

“The unique structure of the agreement, mind you, figures to hold far greater appeal to Cuban than making a deal at a higher franchise valuation, since it is poised to allow him — for the foreseeable future — to function with the same hands-on ownership style he has employed for nearly 24 years.”

We’ve already covered how this move by Cuban could be a strategic one, as he has visions for a new Mavs arena in the future that would also be a huge casino, something the Adelson family could help with, especially when it comes to potentially making gambling legal in Texas. (See our Mike Fisher’s column below.)

But what if this is the beginning of Cuban gearing up for a run at being President of the United States? Despite shooting down the idea in recent years, we could see it happening at some point, especially since Cuban has become somewhat of an American hero with the great success of his pharmaceutical company, Cost Plus Drugs, which provides the lowest prices possible for generic drugs by cutting out the middle man.

We can get into arguing about what party Cuban would represent and what his policies would be another day when/if it ever gets closer to becoming a reality, but for now, he will at least have the appearance of still being in charge of the Mavs despite no longer being a majority stakeholder. How sustainable is that setup? We’ll just have to find out.