Tsai Chongxin only used 2.35 billion to buy the Nets, why was Cuban able to sell the Mavericks for 3.5 billion?

 Cuban has long been regarded as the NBA's most beloved team owner, and he has often been seen on the sidelines since long times, cheering on the team's wonderful performances and even going away to cheer on the players. Nowitzki led the team to win the first championship in team history that year, and Cuban couldn't put down the championship trophy, and even had to take it to the toilet, for fear of being stolen.

But unexpectedly, it was such a basketball loving owner who chose to sell his team shares. According to journalist Marc Stein, Cuban sold a majority stake in the Mavericks to female owner Miriam Adelson for $3.5 billion. This is a world-famous rich man, with a net worth of 38.2 billion in 2021, which is richer than most owners in the NBA. Cuban retains only a small stake in the team, but still has a say in the team.

I have to say that Cuban did a good deal, in 2000 he spent 285 million to buy the Maverick, and now he sells 3.5 billion, the gap between this alone is 3.215 billion, although it took more than 20 years, but it is already an extremely successful investment. The high price of $3.5 billion is also amazing. In that year, Tsai Chongxin only spent 2.35 billion to buy the Nets, why can Cuban sell the Mavericks to 3.5 billion now?

The Nets' location is in Brooklyn, just a short distance from downtown New York, so it's a great location. However, there is another, more well-known club in New York, the Knicks. Madison Square Garden, the Knicks' home arena, is a historic landmark that has even been filmed in many famous movies, and is next to Rock Park, the mecca of basketball, which attracts basketball fans from all over the world. The Knicks' brilliance overshadowed the Nets, although not as exaggerated as the Lakers and Clippers, but it did have a great impact.

Dallas, where the Lone Ranger is located, is located on the bustling West Coast, is the 9th largest city in the United States, and the economy is also very developed. And because they have been a strong team for many years, they have laid a deep fan base, and the Mavericks' attendance rate is the third highest in the NBA, with an average of more than 20,000 fans per game, which also brings huge ticket revenue and peripheral marketing income to the club.

When Tsai bought the Nets, the Nets were still a team with nothing, no playoff players and no cornerstone players, and the Big Three was a later thing. And now the Mavericks are a finished team, Doncic is only 24 years old, and his contract with the team has been extended until 3 years later, with such a top superstar, the team has no worries about record and popularity. In addition, Irving is also a super popular player, at least in the next few years, the Mavericks can make a lot of money.

The NBA's salary cap is rising, and Tsai Chongxin bought the Nets in 2018, and it has been almost 6 years. At present, the NBA's broadcast contract is about to expire, and it is very likely that a larger sky-high contract will be signed, and the dividends will be more every year, so the team's market value will also rise to a new high. Not only the Mavericks, in the past two years, the Bucks have sold 3.5 billion, the Suns have sold 4 billion, and the Hornets have also sold 3 billion, all at a high price. The NBA may also introduce 2 more teams, and the franchise fee will be as high as 2.5 billion per team, and once successful, the remaining 30 teams will immediately receive 166 million dividends. So even though NBA teams are so expensive now, the rich are still flocking to them.

But it has to be said that Cuban is really business-minded, selling the team when it is most valuable, making a lot of money steadily, and at the same time holding control of the team, he can continue to live the addiction of the owner.