We honestly think there’s SO MUCH MORE to do in Las Vegas than in Los Angeles.
27.12.2023 - 22:37 / deadline.com
Buy low, sell high. Marl Cuban just proved himself a master of that tried-and-true investment mantra.
The Shark Tank mainstay is not only swimming away from that show after 14 successful seasons, he has now received approval from the NBA Board of Governors to sell the majority stake in his beloved Dallas Mavericks.
Cuban bought the Mavericks for $285 million in 2000 is now selling the team for about $3.5 billion. That’s a cool $3-plus billion over the purchase price and Cuban will reportedly retain 27% of the team and may well retain control of basketball operations. A pretty sweet deal.
Per Yahoo Sports:
Cuban is selling at a time franchise values are rising (in part based on a new national television broadcast deal starting in 2025 [that is] expected to double that national revenue) and likely expansion will bring a flood of cash to teams’ bottom lines (through expansion fees). Cuban has expressed concern in the past about the broadcast deal after this one (likely after 2030) and expresses concern that the sports broadcast rights bubble could burst.
Cuban is also selling at a high point in terms of player personnel. The Mavericks’ current roster, led by all-world point guard Luka Doncic and, to a lesser extent, superstar Kyrie Irving, is the strongest the team has assembled since it won the NBA championship behind all-time great Dirk Nowitzki in 2010-2011.
The buyer is the Las Vegas Sands Corp., owned by the Adelson and Dumont families. Miriam Adelson, widow of casino magnate Sheldon Adelson, announced last month she was selling $2 billion of her shares to buy a sports team that was widely tipped to be the Mavericks. That has now been confirmed. Her son-in-law Patrick Dumont is the COO of Sands Corp. and will take
We honestly think there’s SO MUCH MORE to do in Las Vegas than in Los Angeles.
Mark Cuban, allowing him to expand his connections with people. “I’m used to thousands in physical groups, but to be able to connect virtually allows for thousands of people to come together from all over the world,” Henry explained.
Take That are reportedly one step closer to getting a Las Vegas residency, with a venue owner giving the prospect the green light.The iconic ‘90s boyband – now comprised of Gary Barlow, Howard Donald and Mark Owen – first teased the idea of a run of residency shows in Nevada last month, telling fans that the stint would be the last thing on their bucket list.Now, it seems that the idea is now close to becoming a reality, as a venue owner in Sin City has come forward and claimed that he would love to host the trio in the future.The comments came from Michael Gruber, who is the founder of the Voltaire venue at The Venetian. Speaking as part of a new interview with The Sun newspaper’s Bizarre column (via Music News), he said: “ “I love Take That.
Super Bowl LVIII. The Eye network is planning what it calls “an exclusive weeklong residency” at the Bellagio hotel in Las Vegas that week. The network’s multiplatform Super Bowl coverage will include sports, news and entertainment leading up to the CBS Sports’ presentation of the game on Feb.
CBS is laying a big bet on Las Vegas for the upcoming Super Bowl.
Katharine McPhee had a very busy day on Sunday!
Billionaire Mark Cuban recently sold his majority interest in the NBA’s Dallas Mavericks. He’ll stay on to run basketball operations, but he wants to share in the windfall he received on the sale.
Christina Aguilera is down with the flu, which means she’s postponing some shows from her Las Vegas residency.
Christina Aguilera has been forced to postpone two Las Vegas shows after coming down with the flu.The singer opened her latest residency in the city last week, but writing on Instagram today (January 4), she confirmed that the January 5 and 6 dates have been delayed while she recovers.“After welcoming all of your to the new year from the stage in Las Vegas,” she wrote, “I’ve been welcomed with a new year flu.”“I am sorry to share that my two shows this weekend will be rescheduled while I rest – and I cannot wait to be back on that stage in a few weeks,” she added. “I’m incredibly proud of this show and grateful for all of the support and love after opening weekend! See you soon.”No dates have been confirmed for the rescheduled shows.Aguilera kicked off the residency on December 30 with a career-spanning set.
Christina Aguilera kicked off her new Las Vegas residency last week (December 30), playing a career-spanning set with elaborate production.The residency, titled ‘A Truly Modern Twist’, is taking place at Volatire at The Venetian and marks Aguilera’s third stretch of shows in Vegas. The Grammy Award-winning singer previously took over the Zappos Theater in a residency that spanned from May 2019 to March 2020.Aguilera had previously said when the shows were announced that she wanted to bring “a new show that fuses music, sophistication and art in ways I have never performed before,” add that “what I love about the intimacy at Voltaire at The Venetian Resort is how up-close-and-personal I can be with the audience … a truly modern twist on the performance experience.”Meanwhile, Aguilera notably incorporated a portion of the Bree Runway song ‘That Girl’ into her performance of ‘Glam’, which Runway was particularly delighted by.Sharing a video of the moment to social media, Runway wrote: ““THAT GIRLLLL!!!!! IN YOUR SET?!?! get me on a flight to vegas NOWWWWW!!!!!!” Runway captioned.
a moment like this for the rest of her life.Kelly Clarkson can add the title of “wedding witness” to her impressive resume after the Grammy-winning singer helped marry a gay couple during her Las Vegas residency on New Year’s Eve. In a video posted to X, the couple, who were identified as Bronx Health Sciences High School assistant principal Brian Artzt and Marcello Cialini, can be seen explaining to the “Since U Been Gone” singer that they wanted her to serve as a witness in their ceremony.“Oh, it is tonight! With me,” Clarkson, 41, can be heard saying excitedly.
Jennifer Lopez must have been wearing some very painful high heels! Or she was having a Sally Field in Soap Dish moment! Via @richygonzalez.
A Las Vegas residency is a great option for a superstar looking to acquire touring money without actually having to tour: no traveling necessary, a consistent schedule, and a regular stream of eager attendees visiting Sin City.
So glad we could clear this up!!! Happy 2024! Via @jonorlando.
Las Vegas Review-Journal. “It was fun,” Marie Musso Greene said when asked what it was like being married to the late headliner. “He always made humor out of whatever he could.
Cynthia Littleton Business Editor Shecky Greene, the legendary standup comedian known for his long tenure as a Las Vegas headliner and for working with Frank Sinatra and Elvis Presley, died Dec. 31 at his home, according to the Las Vegas Review-Journal.
Shecky Greene, a legendary stand-up comedian who became one of Las Vegas’ top headliners in the 1950s and ’60s has died. Greene died Sunday morning of natural causes at his home in Las Vegas, his wife Miriam Musso Greene confirmed to the Las Vegas Review-Journal. He was 97.
Christina Aguilera is kicking off her Vegas residency!
Mark Cuban is selling a majority stake of the Dallas Mavericks. The NBA approved the sale earlier this week, which will result in casino mogul Miriam Adelson and her family, purchasing a large stake of the basketball team’s stakes. Meet Elon Musk’s brother, Kimbal MuskElon Musk warns Taylor Swift of ‘popularity decline’: Fans respond“I am excited to spend time cheering on the team and getting to meet members of its passionate fan base,” said Adelson.
We just bought a cute rug and an even cuter ottoman and can’t wait to start putting away all our stuff!!! THANK YOU @ClosetFactoryVegas for being so easy to work with and quick! We had to do all the closets in our new house after we closed and got the keys because the builder wanted an OFFENSIVE amount of money to do them during construction. We said HELL NO! We’re not about wasting my hard-earned cash like that!