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Mark Cuban is selling a majority stake of the Dallas Mavericks to Miriam Adelson, the widow of casino magnate Sheldon Adelson, several media reports said Tuesday.
Cuban would keep shares in the team and maintain control of the Mavs' basketball operations, reports said. The NBA Board of Governors must approve the transaction.
Bloomberg News and Sportico reported that Miriam Adelson was selling $2 billion of stock in Las Vegas Sands Corp. "to fund the purchase of a majority interest in a professional sports franchise," citing a regulatory filing.
Adelson's stake is valued at $3.5 billion, according to the reports. Forbes' most recent NBA franchise valuations pegged the Mavericks as being worth $4.5 billion, the seventh-most valuable team in the league.
Forbes estimated Adelson as the 44th-richest person in the world, controlling $32.3 billion in wealth.
Cuban, 65, has held a majority stake in the Mavericks since January 2000.
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Atlanta Hawks Urged To Bring Back Former NBA 1st-Round Pick
Cam Reddish spent part of the 2024-25 season playing for the Los Angeles Lakers. He had averages of 3.2 points, 2.0 rebounds and 1.0 steals per contest while shooting 40.4% from the field and 27.7% from the three-point range in 33 games. On July 24, Reddish still remains a free agent who is available to sign with any team in the league. Recently, many fans on social media urged to the Atlanta Hawks to bring back Reddish (h/t Hawks Lead). He was the 10th pick in the 2019 NBA Draft (by the Hawks) out of Duke. @BigGerm478: "BEEN SAYING THIS" @_VictorRashad_: "lol I’ll rt this one . We need him to come back and accept his role ! He’d be an amazing fit" @getoffmypxge: "Let’s come home cam" @mdotMika: "I always wanted him back since he left… showed who he can be in the 2021 playoff stimt" @tjhook47: "Bring Cam back to the A, Hawks!" @natefrazi3r: "dream offseason would be complete" @Chicosnametag: "We lost caris levert he def fits" Reddish played part of three seasons for the Hawks. He had averages of 11.1 points, 3.4 rebounds, 1.4 assists and 1.1 steals per contest while shooting 38.5% from the field and 32.9% from the three-point range in 118 games (62 starts). The 25-year-old has also spent time with the Portland Trail Blazers and New York Knicks over six seasons. Via @ohokvontae: "I still can’t believe Cam Reddish didn’t at least become a high floor rotation player in the league. I’ll never understand how that happens."
All signs point to Yankees moving on from Anthony Volpe
With the trade for Ryan McMahon now complete, it would seem New York Yankees’ general manager Brian Cashman has fulfilled one of his three priorities. He can now cross third base off the list, which leaves the rotation and bullpen as his remaining priorities. However, according to one Yankees writer, Cashman might not be done with the infield. Chris Kirschner of The Athletic reported this after the McMahon trade: “The Yankees may not be done adding to their infield. A team source said the Yankees are interested in adding a right-handed hitter who could play the infield.” Kirschner adds that the Yankees have had interest in Willi Castro and Amed Rosario. But the question now is, how would another player fit in the Yankees’ infield? Needless to say, Paul Goldschmidt and Jazz Chisholm Jr. aren’t going anywhere, and McMahon is just getting there. That leaves the low-hanging fruit. Anthony Volpe has been at the center of controversy all this season. His 13 errors, many of which had come at make-or-break moments, amount to the second-highest total in the game. In addition, his bat has not been able to compensate, hitting .214/.286/.407 with 14 home runs. There was always a lot to like about Volpe. He won a Gold Glove in his rookie year, his power has always been promising and his speed is nothing to scoff at. Unfortunately, his glove has become a liability and his speed has also produced very few results. Volpe has swiped just 10 bags in 17 attempts. His power is the one thing that still has some upside, but it hasn’t been enough to justify a spot in the lineup. Both Castro and Rosario have been far more productive at the plate this season than Volpe. Kirschner doesn’t clarify how serious the Yankees are in their pursuit of another infielder, but that most likely isn’t available information. Having just turned 24, Volpe could still become the type of player that was expected from him as a top prospect. However, his recent performance has weighed heavily on his team’s efforts and it may be buying him a ticket out of the Bronx — or at least a spot on the bench.
Yankees have finally found their third baseman in Ryan McMahon
After years of speculation and nothing materializing, the New York Yankees have at last acquired third baseman Ryan McMahon from the Colorado Rockies, per the New York Post's Jon Heyman. Pitching prospects Griffin Herring and Josh Grosz are headed to the Mile High City in return. They were the number eight and 21st-ranked prospects in the Yankees' farm system, per MLB.com. Given the Yankees' struggles at the third-base position over the last few years, bringing in a guy who was an All-Star in 2024 and will be much more reliable is a win. Former MLB player and current analyst Cameron Maybin certainly believes that, as he was pushing the McMahon-to-New York narrative over the last week and feels it could be a great fit for both sides. "The third baseman they need plays in Colorado...I'm telling you! Defensively more than adequate and Taylor made for the ballpark offensively," Maybin wrote on social media. Maybin went on to mention how McMahon will feel reinvigorated joining a World Series contender like the Yankees after the last six-and-a-half years of being at the bottom in Colorado. The 30-year-old is not having his best season, slugging 16 home runs and 35 RBI with a .217 average through 100 games with the Rockies, per MLB.com stats. However, he's consistently been a 20-plus home run hitter who drives in runs at a strong rate and has a large sample size of doing so. Arizona Diamondbacks third baseman Eugenio Suarez (.252 average, 36 HRs, 86 RBI) has seemed to be No. 1 target for most teams, and for good reason, but given the Yankees' current situation and weaknesses, McMahon made more sense. Not only does he play a better third base, which New York desperately needs, but he has another two years of control after 2025, whereas Suarez would have been a rental. The acquisition cost was nothing crazy, and adding a lefty bat with some power to potentially take advantage of the short porch at Yankee Stadium is always a bonus. Some may not be satisfied until they see McMahon positively impacting the New York Yankees, but rest assured, this is a very solid pickup.
Trade rejection speaks volumes about Red Sox's Jarren Duran intentions
The Boston Red Sox appear to have no interest in trading outfielder Jarren Duran, at least not in the near future. Trade rumors have swirled around Duran for most of the season, especially after designated hitter Rafael Devers was traded to the Giants. However, Sean McAdam from MassLive reported that the Red Sox may wait until the offseason before moving on from the former All-Star. The decision to wait on Duran is not due to a lack of offers. McAdam also reported that the Padres made a significant offer for Duran involving pitcher Dylan Cease, catching prospect Ethan Salas and another unnamed prospect. That offer was quickly rejected. The Padres have long coveted Duran. McAdam had previously reported that the Padres have been "relentless" in their pursuit of the Red Sox outfielder. The reported trade offer including Salas, the Padres second-best prospect and the 21st-best prospect in baseball per MLB.com, illustrates how serious they are about acquiring Duran. Likewise, the Red Sox's refusal to entertain such an offer, even as a starting point for negotiations, speaks volumes about their interest in moving Duran. The Padres' offer would help solve several problems for the Red Sox in both the present and future. Moving Duran would help clear up the logjam in the outfield, while Cease and Salas would respectively improve the back of their rotation and provide a possible cornerstone behind the plate going forward. Duran is a valuable trade chip as he is under team control through 2028. He has also taken a step back in production from his stellar showing in 2024, posting a respectable .254/.321/.428 batting line in 459 plate appearances entering Friday, with nine homers and 25 doubles while stealing 16 bases. That production would be an upgrade for several teams looking to improve their outfield going forward. The question is whether or not the Red Sox will be realistic in their asking price for Duran. Considering how quickly the Padres' offer was reportedly rejected, that may not be the case.
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