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Former majority owner Mark Cuban tells Dallas Mavericks employees he’ll distribute $35M in bonuses | CNN

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Former majority owner Mark Cuban tells Dallas Mavericks employees he’ll distribute M in bonuses | CNN




CNN
 — 

Mark Cuban, who recently sold a majority share of the NBA’s Dallas Mavericks franchise, surprised Mavs employees on Friday when he informed them that the team would distribute more than $35 million in bonuses, a spokesperson for the team told CNN Sport.

In an internal memo obtained by ESPN’s Tim MacMahon, Cuban told team employees, “As a thank you for all your hard work making the Mavs an amazing organization, each of you will be receiving a bonus from myself, and the Adelson and Dumont families.

“In total, we will be paying out approximately $35 plus Million Dollars in bonuses to you all,” Cuban continued. “To calculate your bonus, we used a framework that took into consideration how long you have worked for the Mavs. You will receive your bonus in the very near future,” the memo said, according to the ESPN report.

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Mavericks spokesperson Alan Rakowski confirmed the details of the memo to CNN.

The NBA announced last week that the league’s “Board of Governors has approved the sale of the controlling interest in the Dallas Mavericks from Mark Cuban to the families of Dr. Miriam Adelson and Sivan and Patrick Dumont.”

CNN reported in November that the Adelson family – who are majority shareholders of Las Vegas Sands and include Miriam Adelson’s daughter and son-in-law, Sivan and Patrick Dumont – had reached a deal to buy a majority stake in the NBA franchise. Terms of the deal were not disclosed, but previous reports indicate the transaction values the Mavericks franchise in the range of $3.5 billion.

At the time, the Adelson and Dumont families said in a statement: “The Dallas Mavericks are one of the world’s most successful and recognizable sports franchises. The team has won an NBA championship, has a long history of attracting international superstars and has been supported by a dedicated and passionate fanbase and leadership group led by Mark Cuban.”

The November statement indicated that Cuban will maintain a significant role with the NBA franchise.

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“We look forward to partnering with Mark Cuban to build on the team’s success and legacy in Dallas and beyond,” the statement said.

Cuban will keep partial ownership of the Mavericks franchise and remain in control of basketball operations, according to media reports at the time.





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Dallas, TX

Maxx Crosby-Ravens Trade Dead, Opening Perfect Cowboys Opportunity

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Maxx Crosby-Ravens Trade Dead, Opening Perfect Cowboys Opportunity


Dallas Cowboys Nation’s hopes of landing superstar pass rusher Maxx Crosby were dashed last weekend when it was announced that he was being traded to the Baltimore Ravens. However, less than 24 hours before the new year, the trade has fallen apart.

On Tuesday night, the Las Vegas Raiders announced that the Ravens have backed out of the trade.

“The Baltimore Ravens have backed out of our trade agreement for Maxx Crosby,” the statement read. “We will have no further comment at this time.”

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The news sends a major ripple for the league, with the Crosby sweepstakes once again open. Before his trade to the Ravens, the Cowboys were considered one of the teams closely monitoring the situation and a team that made a legitimate offer for Crosby.

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Las Vegas Raiders defensive end Maxx Crosby leaves the field following a game against the Denver Broncos at Allegiant Stadium. | Stephen R. Sylvanie-Imagn Images

At this time, there is no word on why the trade between Las Vegas and Baltimore fell through. When the trade was first reported, the Raiders were set to receive a 2026 and 2027 first-round pick from the Ravens.

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Now, his future is in limbo. Before he was traded to the Ravens, it was believed that the Cowboys, Chicago Bears, and Los Angeles Rams were the top candidates to land him. In fact, the Cowboys were “considered runner-ups” in the sweepstakes.

Dallas’ Original Trade Offer

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Las Vegas Raiders defensive end Maxx Crosby reacts during the second half at SoFi Stadium. | Kiyoshi Mio-Imagn Images

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According to ESPN’s Jeremy Fowler, the Cowboys initially offered the No. 12 overall pick in the 2026 draft, a 2027 second-round pick, and an unnamed veteran player.

“Dallas kept a hard line throughout. The franchise wasn’t willing to part with two first-round picks, hoping its 12th pick in April’s draft, plus a future second-rounder, would be enough to entice Las Vegas. Dallas was also willing to package a veteran player to sweeten the deal, but Vegas wasn’t interested in that. The Raiders prioritized picks,” Fowler wrote.

Last season, Crosby recorded 73 total tackles, 28 tackles for a loss, 20 quarterback hits, 10 sacks, two forced fumbles, and an interception.

We’ll have to see if Dallas ends up being his new home, now that the team has a second chance to make something special happen, but there will be some serious competition. The 2026 NFL calendar year officially begins on Wednesday, March 11, at 4:00 p.m. ET.

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Dallas weather: Severe storms bring hail and tornado threats | See timing

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Dallas weather: Severe storms bring hail and tornado threats | See timing


Severe thunderstorms are forecast to return to North Texas late Tuesday, bringing threats of damaging hail, high winds and localized flooding. While the primary concerns are wind and hail, a few tornadoes cannot be ruled out.

Tuesday Forecast

Scattered showers and storms are expected to develop as a dryline to the west moves into the region. Storm conditions are expected to intensify as the day progresses.

The greatest concerns remain damaging winds and large hail. The leading edge of the storm front will likely be the most intense, with the potential for straight-line winds and brief spin-up tornadoes.

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LIVE Radar: Dallas-Fort Worth

Dallas Storms: Timing and Impact

The highest potential for severe weather in the Metroplex is from 2 p.m. to 6 p.m., though lingering activity could continue until 2 a.m. Wednesday. Residents are advised to seek shelter immediately if a warning is issued for their area.

7-Day Forecast

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A final round of storms is expected Wednesday, primarily between noon and 7 p.m., according to the National Weather Service. These storms carry a threat of half-dollar-sized hail and damaging winds. 

Behind this system, North Texas will dry out and briefly cool off. Sunny skies return Thursday with a high in the mid-60s. Temperatures will then warm into the upper 70s on Friday before a sunny weekend with highs in the low 80s.

The Source: Information in this article comes from the National Weather Service and FOX 4 forecasters.

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How a women-led nonprofit is helping South Dallas residents stay in their homes

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How a women-led nonprofit is helping South Dallas residents stay in their homes




How a women-led nonprofit is helping South Dallas residents stay in their homes – NBC 5 Dallas-Fort Worth



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