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Carmelo Anthony Trade Rumors: Oklahoma City Thunder A Potential Landing Spot?

July 24, 2017July 24, 2017| 0 Comment| 19:50
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With the New York Knicks looking to trade Carmelo Anthony, the Houston Rockets and Cleveland Cavaliers have appeared to be the only realistic trade partners. A new rumor, however, suggests that the All-Star might be willing to waive his no-trade clause for a third team. According to The Ringer’s

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Oklahoma City Thunder vs Indiana Pacers
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Mark Cuban Agrees To Sell Majority Stake In Mavericks To Adelson Family At $3.5B ValuationMark Cuban Agrees To Sell Majority Stake In Mavericks To Adelson Family At $3.5B Valuation

Mark Cuban has agreed to sell a majority stake of the Dallas Mavericks to Mirian Adelson for a valuation in the range of $3.5 billion, sources tell Shams Charania of The Athletic. The initial reporting on the Adelson family’s purchase was by Marc Stein.

Cuban will retain shares in the Mavericks and also full control of basketball operations while also remaining governor. Cuban purchased the Mavericks in 2000 for $285 million.

The Adelson family is selling almost $2 billion in stock in the Las Vegas Sands Corp., “to fund the purchase of a majority interest in a professional sports franchise pursuant to a binding purchase agreement, subject to customary league approvals,” according to an SEC filing.

The Sands group, led by Adelson and her son-in-law and company president, Patrick Dumont, has previously had discussions with Cuban about building a casino entertainment district in Dallas that would include a new arena for the Mavericks.

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