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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

Dallas Weather: Thunderstorms in the forecast for Friday & Mother’s Day

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Dallas Weather: Thunderstorms in the forecast for Friday & Mother’s Day


Thunderstorms will roll through parts of North Texas on Friday. Thankfully, none should be severe. Mother’s Day could be a different story.

Friday Forecast

According to FOX 4 Weather Meteorologist Berkeley Taylor, a cluster of thunderstorms will work their way east across the Dallas-Fort Worth Metroplex on Friday morning.

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Everything is well below severe limits, just with lots of lightning! 

Scattered showers and thunderstorms will move in and out through the day on Friday. Coverage is about 20%.

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An isolated strong storm or two can’t be ruled out, but the overall threat is low. 

Temperatures will be in the 50s and 60s for the morning, before climbing into the 80s by the afternoon. 

Weekend Forecast

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Saturday will look similar, with even lower coverage expected. 

Sunday presents the best chance to find rain and storms – about 50% as a cold front moves through North Texas. 

North Texas is under a Level 2 out of 5 risk for severe weather. The biggest concerns will be with wind and hail. 

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Timing-wise, the front looks to move through in the afternoon/evening. 

7-Day Forecast

Once the front is south of North Texas on Mother’s Day, the rain should come to an end, and it will stay dry into next week.

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Temperatures will start to warm into the upper 80s and low 90s by midweek next week.

The Source: The information in this story is from the FOX 4 Weather team and National Weather Service.

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Dallas deck park set to reconnect Oak Cliff after decades of division

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Dallas deck park set to reconnect Oak Cliff after decades of division


Dallas is just days away from opening the new Harold Simmons Bridge Park, a deck park built over I‑35E near the Dallas Zoo. The project, more than 35 years in the making, is designed to reconnect the long‑divided Oak Cliff community. Instead of a traditional ribbon‑cutting, leaders held a symbolic event highlighting unity and the park’s role in bringing neighborhoods back together.



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Cowboys’ Stephen Jones says what NFL won’t admit about the Micah Parsons trade

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Cowboys’ Stephen Jones says what NFL won’t admit about the Micah Parsons trade


It hasn’t even been a year since the blockbuster Micah Parsons trade, but the Dallas Cowboys have officially and completely moved on.

Although in many ways, the 2025 season feels like it was wasted with how good the Cowboys’ offense was, the decision to trade Parsons to the Green Bay Packers was pretty simple in principle: Dallas did not believe one great player was worth four or five good players. And that is a sentiment that has been repeated to an almost political degree from the Cowboys’ brain trust.

Cowboys EVP and CEO Stephen Jones recently reiterated the Dallas’ internal pleasure over how the Parsons trade has played out, and he essentially said what everyone in the NFL refuses to say: The Cowboys might have actually made the right call.

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Stephen Jones likes how Dallas Cowboys have reloaded the defense after Micah Parsons trade

Here’s what Jones had to say (via NFL.com) regarding his thoughts on the trade now that the pieces are pretty much all in place:

“We feel really good about it. Obviously, much respect for Micah and what he stands for and how he plays and the caliber of player he is, but at the same time we feel good about what we’ve added via that trade.

You look at a guy like Quinnen Williams and Kenny Clark, they’re alpha players who not only are great players on the field, but they’re leaders in the meeting room. How they go about their business in the offseason, [they] just bring great leadership to this team. As we mentioned, we add a guy like Caleb Downs, who is obviously the same type of character…

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I just feel very optimistic that we have the right pieces in place to go out there. Ultimately, the decision we made was that one player was not worth four or five good ones.”

There is really a lot going on with what Jones says right here that will perk up a lot of ears and eyebrows.

Of course, the general sentiment seems to be that the Cowboys are pleased with the way they’ve utilized the assets they got in that trade from the Packers. The acquisition of defensive lineman Quinnen Williams gives Dallas an absolute stud in the middle, but having Kenny Clark next to him is a really underrated piece as well.

The trade back in the first round of this year’s draft with Green Bay’s selection landed the Cowboys Malachi Lawrence, Devin Moore, and LT Overton. There’s still the matter of which pick will go to the Jets next year from the Williams trade, but it will be whichever of Dallas’ and Green Bay’s pick is higher.

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You can also tell that the personal makeup of the players they’ve added was important for Dallas in this process, and while Jones stops short of taking a dig at Parsons in that regard, you can hear what he’s saying pretty loud and clear when he talks about guys being “alpha” players on the field as well as leaders in the meeting room. Message sent.

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The thing nobody in the NFL really wants to admit is that the Cowboys did the right thing by trading Parsons when and how they did. And while you can debate whether they truly got great value, it’s hard to argue with the idea that one player is worth four or five, especially when that one player would be taking up the same slice of the pie as most quarterbacks around the NFL.

It’s not that you can’t make it work, but in Dallas’ context, they felt like that investment in Parsons was a signal that they were “one player away”, and it’s hard to argue with their self-awareness that they simply weren’t in that position a year ago.

Although the cost was moving on from a true superstar off the edge like Micah Parsons, it’s a trade that has helped Dallas reload a huge portion of their starting defense, including adding three quality players on the defensive front, maybe more.

Most people hated the Parsons trade just on principle. How can you trade a defensive superstar still with his prime years ahead of him? Doesn’t it send a bad message to other players who earn big-money contracts? Ultimately, the Cowboys drew a proverbial line in the sand, and that’s part of the business of the NFL.

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They still have to hope that all of the new additions work out, but on paper, it’s hard to argue with what the Cowboys were able to assemble rather quickly because of this trade.

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