Dallas Mavericks proprietor Mark Cuban reacts throughout a timeout within the recreation towards the Golden State Warriors at American Airways Middle on March 22, 2023 in Dallas, Texas.
Tim Heitman | Getty Pictures
Mark Cuban, recent off the information that he’s promoting a majority stake within the Dallas Mavericks to the mega-Republican donor Adelson household, reiterated Wednesday that he has ‘no plans’ to run for president in 2024.
“No plans to run,” Cuban mentioned in an e mail to NBC Information.
Cuban in July had mentioned that his household “would disown me” if he launched a marketing campaign for the White Home.
However on the similar time, he had additionally praised efforts by the group No Labels to create a bipartisan ticket for the presidency subsequent yr.
The billionaire businessman made headlines Tuesday when he mentioned on a podcast that the following season of the ABC tv present “Shark Tank” can be the final time he repeatedly seems on this system as one among its “sharks.”
Later Tuesday, the massive on line casino firm Las Vegas Sands mentioned that Dr. Miriam Adelson and The Miriam Adelson Belief would provide on the market $2 billion in inventory within the agency.
In a regulatory submitting, LSV mentioned that Adelson, whose household inherited greater than half of the corporate’s shares when her husband Sheldon Adelson died in 2021, would use proceeds of the inventory sale to purchase a majority curiosity in an expert sports activities franchise.
A supply conversant in the deal instructed CNBC on Tuesday that Cuban would promote his stake within the Mavericks to Adelson and her household.
However Cuban will proceed to run basketball operations for the group as a part of the deal.