Mark Cuban states ‘no strategies’ to run for president after Mavericks offer

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Mark Cuban says 'no plans' to run for president after Mavericks deal

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Dallas Mavericks owner Mark Cuban responds throughout a timeout in the video game versus the Golden State Warriors at American Airlines Center on March 22, 2023 in Dallas, Texas.

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Mark Cuban, fresh off the news that he is offering a bulk stake in the Dallas Mavericks to the mega-Republican donor Adelson household, restated Wednesday that he has ‘no strategies’ to run for president in 2024.

“No plans to run,” Cuban stated in an e-mail to NBC News.

Cuban in July had actually stated that his household “would disown me” if he introduced a project for the White House.

But at the exact same time, he had actually likewise applauded efforts by the group No Labels to produce a bipartisan ticket for the presidency next year.

The billionaire entrepreneur made headings Tuesday when he stated on a podcast that the next season of the ABC tv program “Shark Tank” would be the last time he frequently appears on the program as one of its “sharks.”

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Later Tuesday, the huge gambling establishment business Las Vegas Sands stated thatDr Miriam Adelson and The Miriam Adelson Trust would market $2 billion in stock in the company.

In a regulative filing, LSV stated that Adelson, whose household acquired over half of the business’s shares when her hubby Sheldon Adelson passed away in 2021, would utilize profits of the stock sale to purchase a bulk interest in an expert sports franchise.

A source acquainted with the offer informed CNBC on Tuesday that Cuban would offer his stake in the Mavericks to Adelson and her household.

But Cuban will continue to run basketball operations for the group as part of the offer.