And for that reason I’m out…

Define “midlife crisis”…

Instead of getting a Miata and starting to take Baby Aspirin like the rest of us, Mark Cuban hit middle age and decided to totally reinvent himself. And by that, I mean sell his NBA team for ~$3.5B.

Yesterday after the close, reports began circulating that Miriam Adelson, whose family owns ~$20B worth of Las Vegas Sands’ shares, was selling $2B of them to “buy a sports team.”

Turns out, that sports team is the Dallas Mavericks. Miriam (top-tier sports owner name, btw) will own the majority of the team. Mark will hold onto a minority stake and still run basketball operations.

In case you were concerned, Cubes has indeed secured the bag… again. He bought the Dallas NBA team for about $285M in 2000. He should clear a few billion. A tidy profit…

This comes just a day after he said on a podcast that he’s done with Shark Tank. Well, after next year. And one can only hope that A-Rod doesn’t fill his spot full-time…

Cuban’s big changes have the rumor mill in overdrive. The hottest take? That Cuban plans to run for President.

Stay tuned.