New Mavericks governor and majority owner Patrick Dumont discussed giving all Mavericks employees bonuses after the team was sold.
Dallas Mavericks shirts and signs fill the seats in the American Airlines center before the home opener against the Brooklyn Nets, Friday, Oct. 27, 2023, in Dallas.Here, Dumont discusses giving all Mavericks employees bonuses after the team was sold. He also met with and spoke to employees Monday at American Airlines Center.
Q: I wanted to ask about the $35 million that has been earmarked to be dispersed to Mavericks employees in the wake of the sale. I texted with one employee who said that after she received the email that she cried for an hour. How was that decision made and why was it important for you to do that?It was an easy decision. We’ve always worked very hard to treat our team well. We’ve been successful and we’ve been very fortunate to be successful.
I’ll give you a reference: In March of ‘20, Vegas closed. I remember the pandemic like it was yesterday. This was a very, very difficult time. And we were sitting around in the conference room, we got a call from the state and they said you need to shut. And we realized that it wasn’t going to be for two days. We had to make a decision: “What do you do with our team?”
Now we were a little unique because we had such long-tenure people at our property. And we have people been with us since the beginning, since the opening. They were called Founders. I want to say about 15% of our total staff. I think 40% of our staff had had been with us for more than a decade.Constantly lowest turnover in Vegas. And right there, after the call from the state, we made the decision to pay everybody.
And so when this transaction happened — and Mark had been very successful in the sale — it was the right thing to do to give something back. And that’s why we did it.Proud dad Luka Doncic still in afterglow of daughter’s first Mavericks game, Sports enterprise reporter, Mavericks and NBA. Dallas Morning News sports reporter since 1993. Prior to that he worked at The Houston Chronicle and San Antonio Light.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Mavs, Pacers Interested In Andrew WigginsMavs, Pacers Interested In Andrew Wiggins - RealGM Wiretap
Read more »
Mavericks Acquire PJ Washington From Hornets For Grant Williams, Seth Curry, FRPMavericks Acquire PJ Washington From Hornets For Grant Williams, Seth Curry, FRP - RealGM Wiretap
Read more »
Wizards Were 'Close' To Trading Kyle Kuzma To MavericksWizards Were 'Close' To Trading Kyle Kuzma To Mavericks - RealGM Wiretap
Read more »
The Mavericks Let the Good Times Roll in Fort Worth's StockyardsA near-capacity crowd at Tannahill's Tavern in Fort Worth on Friday couldn't get enough of The Mavericks.
Read more »
New Mavericks Washington, Gafford shine in win over ThunderP.J. Washington and Daniel Gafford shined in their Mavericks debuts, at times electrifying the American Airlines Center crowd.
Read more »
Patrick Mahomes Is the Super Bowl’s Main Event, Not Taylor and TravisWhile “TNT” will soak up much of the attention on Super Bowl Sunday, let’s not overlook the breathtaking greatness of the Chiefs QB.
Read more »