Mark Cuban Rewards Dallas Mavericks Employees With $35M Bonus Following Stake Sale
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Benzinga
Benzinga
In the aftermath of selling his majority stake in the Dallas Mavericks, billionaire Mark Cuban has disclosed plans to distribute $35 million in bonuses to the team’s employees. What Happened: Cuban announced the hefty bonus distribution in a gratitude letter to his staff, acknowledging their relentless contributions to the Mavericks’ success, reported Reuters. Cuban stated in his letter, “In total, we will be paying out approximately $35 plus million dollars in bonuses to you all.” The formula used for bonus calculation considers the length of service of the Mavericks’ employees. The key share…