Could the Dallas Mavericks be back under Mark Cuban in a move to buy back the franchise from Patrick Dumont and Miriam Adelson family?
It’s been a wild ride, for better and worse, for the Dallas Mavericks since Mark Cuban sold his majority ownership in December of 2023 to Patrick Dumont and the Miriam Adelson family. In that span, the Mavs reached the NBA finals but shockingly traded away Luka Doncic to the Los Angeles Lakers in the middle of the night months later in February. They fired general manager Nico Harrison, drafted their next franchise superstar in Cooper Flagg, and have since shipped off Anthony Davis to cap off the Doncic trade disaster.
Now, it appears that there’s another major move on the horizon, as NBA Insider Marc Stein reports that "an unidentified Dallas investor group” is interested in buying the Mavs back from Dumont in a partnership with Cuban. Dumont is officially set to be the CEO of the Las Vegas Sands casino company on March 1, with the majority of his tenure in Dallas – and the intent behind the purchase – being defined by legalizing gambling in Texas and building a basketball arena to pair with a casino-style resort. However, there’s been legal disputes with NHL co-tenant Dallas Stars over their American Airlines Center, turmoil and turnover on the roster, and rumors of relocation to Las Vegas. That noise might lead Dumont to stick to casinos and sell back to Cuban.
Here is the full story from Mavs Roundtable writer Nathan Karseno on the monumental news for Dallas and what may be behind the move.
Cuban has already regained a bit of control after Harrison’s firing, specifically with regard to basketball-related decisions. And the future is certainly brighter with Flagg – and without Harrison for Cuban. This is a story to follow for Mavs fans who have been looking for an end to the saga that has marred the franchise since February of 2024, and Cuban re-taking control would signify that.