this post was submitted on 29 Nov 2023
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He wants to build a casino for the team to play in. So he found casino owners to buy part of the team.
Jesus, that sounds so distopian. Is that for real?
This is why I absolutely don’t want a Vegas team because shit like this is a guarantee to come with it.
Vegas is gonna get a team tho. League only floated Mexico city and Nashville to drive up the expansion fees for Seattle and Vegas. When the league expands, those are the two cities getting teams.
Seattle absolutely deserves to get an nba team back, they should've never lost the sonics in the first place.
Vegas, not deserving, but it all comes down to $$$, so they will be getting a team.
yes, this appears to be the latest trend.
Mets owner is trying to build a casino next to Citi Field/the proposed NYCFC stadium, PGA Tour’s DraftKings Sportsbook at TPC Scottsdale, Grand Sierra Resort’s new arena for Nevada Men’s Basketball, (feels like Vegas pro teams deserve a mention surrounding this topic)
He's been very vocal about wanting to do it with Sands specifically, now the Sands owners own a majority of the Mavs. You decide if it's real.
https://www.dallasnews.com/business/entrepreneurs/2023/11/03/mark-cuban-id-like-to-see-resort-casino-gambling-plans-for-making-texas-a-destination/
fun fact, Las Vegas Sands doesn't even have a property in Vegas anymore. Just Macau and Singapore
I see a lot of mention about a new stadium/casino/resort but have they said where in DFW it would be built?
No because they still have to bribe the politicians to even make it legal first. And they are locked into AAC til '31 They started on that, but Cuban ain't rich or powerful enough on his own.
Why would he need to sell a majority stake in the team if that’s the only reason? Surely it’s possible to partner with a casino owner to build a casino without having to sell your team to them.
Isn't he also buying stakes in the company that is buying stakes in the mavs? Or am I misunderstanding
And he doesn't need the money, he is already loaded and having Casino income won't change his life. There has to be some other reason, I think the president thing may hold weight.
Do you think elon or bezos need money anymore? Yet they keep going for it. Its just another addiction , addiction to money and power