Mark Cuban to Distribute $35M in Bonuses to Dallas Mavericks Employees

Bonuses Follow Sale of Majority Stake in NBA Franchise

Mark Cuban, the former majority owner of the Dallas Mavericks, has announced he will distribute $35 million in bonuses to the team's employees.
The bonuses are a result of Cuban's recent sale of his majority stake in the NBA franchise to the families that run the Las Vegas Sands casino company for $3.5 billion.
The amount of each employee's bonus will be calculated based on how long they have worked for the Mavericks.
Cuban will retain partial ownership of the Mavericks and continue to manage basketball operations.
The bonus announcement was made in an internal memo and confirmed by a team spokesperson.