A group led by Symphony Technology Group managing partner William Chisholm has agreed to purchase the Boston Celtics for at least $6.1 billion, which would make the sale the richest in U.S. major pro sports history, a person with knowledge of the negotiations said Thursday. It remains unclear when exactly the deal will be closed…
After months of uncertainty, the Boston Celtics have reportedly found a new owner. The team’s current ownership group, the Grousbeck family, has reportedly agreed to sell the franchise to a group led by Bill Chisholm, co-founder of Symphony Technology Group, per ESPN’s Shams Charania. The team will reportedly be bought for $6.1 billion, a record…
DALLAS (AP) — The Dallas Mavericks said Sunday they have suspended an employee they didn’t identify amid a report that assistant coach Darrell Armstrong was arrested on a charge of aggravated assault with a deadly weapon. Dallas television station WFAA cited multiple anonymous law enforcement sources in reporting that Dallas police responded to a call…
You have likely heard this billionaire’s name, but who is Mark Cuban and how did he make his money? It’s possible you know him as one of the sharks on the hit show “Shark Tank,” but Cuban is more than just a TV personality — he’s also the owner of the Dallas Mavericks and a…
The jaw-dropping Luka Doncic trade cemented the reality, if it wasn’t already clear, that Mark Cuban has no influence on the Mavericks’ basketball operations. The former majority owner of the franchise, who still has a minority stake after selling 73 percent to the Adelson family, “urged” Mavericks general manager Nico Harrison to not trade the…
“I gotta tell you, I’ve had a rough week,” said Mark Cuban, shortly after sitting down with Bill Gates on stage at the Eisemann Center in Richardson Friday night. The sold-out audience burst into applause. The conversation between Cuban and Gates, the Microsoft founder and author of the new memoir Source Code, had long been…
Not that it was a glaring issue before, but the Mavericks’ Jason Kidd and the NBA’s other 29 head coaches are more likely to have their players’ undivided attention at halftime. That’s because the NBA and the National Basketball Players Association issued a joint memorandum to teams prohibiting players and coaches from turning on cell…