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Ownership Changes in the Dallas Mavericks After Recent Sale

Illustration depicting ownership changes in the Dallas Mavericks basketball team

Dallas, February 10, 2026

The Dallas Mavericks have undergone significant ownership changes with the Adelson and Dumont families acquiring a 69% majority stake in late December 2023. Mark Cuban, who sold his majority stake, retains a 27% minority ownership and manages basketball operations. As the team heads into a competitive season, the upcoming game against the Phoenix Suns on February 10, 2026, promises excitement. Cuban’s potential interest in reacquiring majority ownership reflects ongoing changes in NBA team ownership dynamics and the impact of new ownership on fan engagement and franchise strategy.

Frequently Asked Questions

Who currently owns the majority stake in the Dallas Mavericks?
The Adelson and Dumont families hold a 69% majority stake in the Dallas Mavericks as of December 2023.
What is Mark Cuban’s current role with the Mavericks?
Mark Cuban retains a 27% minority ownership and oversees basketball operations for the Mavericks.
When did the Adelson and Dumont families acquire the Mavericks?
The acquisition was completed in December 2023, with the NBA Board of Governors approving the sale in late December 2023.
What is the current status of the Mavericks’ season?
As of February 10, 2026, the Mavericks are scheduled to play against the Phoenix Suns at 6:00 PM PST.

Key Features of Recent Mavericks Ownership Changes

Key Feature Details
Majority Stake Ownership The Adelson and Dumont families hold a 69% majority stake in the Dallas Mavericks as of December 2023.
Mark Cuban’s Ownership Mark Cuban retains a 27% minority ownership and oversees basketball operations for the Mavericks.
Acquisition Approval The NBA Board of Governors unanimously approved the sale of a majority stake in the Mavericks to the Adelson and Dumont families in December 2023.
Upcoming Game The Mavericks are scheduled to play against the Phoenix Suns at 6:00 PM PST on February 10, 2026.

Mark Cuban’s Desire to Reacquire the Mavericks

Dallas, Texas – Recent reports suggest that Mark Cuban, the minority owner of the Dallas Mavericks, is exploring the possibility of reacquiring a majority stake in the team. This development comes after the Adelson and Dumont families purchased a 69% majority stake in the Mavericks in December 2023. Cuban sold his majority stake to the Adelson and Dumont families while retaining a significant minority stake, alongside control over basketball operations. This situation illustrates the dynamic nature of NBA team ownership.

The Changing Landscape of NBA Ownership

The sale of the Mavericks is part of a larger trend occurring across the NBA. Teams are changing hands at an unprecedented rate, often with valuations exceeding the $3 billion mark, reflecting the sport’s growing popularity and profitability. The Mavericks’ sale was valued at over $3.5 billion, positioning the franchise among the most valuable in the league.

Mark Cuban: An Iconic Persona

Cuban, known for his entrepreneurial spirit and media presence, has had a significant impact on the culture of the Mavericks as well as the broader Dallas community. His vision centered on innovation and fan engagement has been notable, and his potential return could mean a shift back to a more familiar model of ownership that emphasizes engagement and direct influence over team operations. While the new ownership group holds significant power, Cuban’s involvement continues to shape the team’s direction.

The Current Mission and Upcoming Challenges

As of February 10, 2026, the Mavericks are scheduled to compete against the Phoenix Suns, an event that many fans are eagerly anticipating. With Cuban still actively involved in basketball operations, his influence remains relevant despite the change in majority ownership. The team seeks to navigate the competitive landscape of the NBA and maintain its presence as a playoff contender. The upcoming game will provide an opportunity to gauge the current state of the franchise under its new ownership structure.

Conclusion

Mark Cuban’s interest in reacquiring a majority stake in the Dallas Mavericks reflects not only his dedication to the team and its fans but also speaks to the evolving landscape of sports ownership in America. As Dallas continues to host a thriving community of entrepreneurs and innovators, local investment in the Mavericks serves as a reminder of the potential for growth and development within the sports industry. Readers are encouraged to support local teams and businesses as they contribute to Dallas’s dynamic economy and vibrant culture.

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STAFF HERE DALLAS WRITER
Author: STAFF HERE DALLAS WRITER

The DALLAS STAFF WRITER represents the experienced team at HEREDallas.com, your go-to source for actionable local news and information in Dallas, Dallas County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the State Fair of Texas, Deep Ellum Arts Festival, and Dallas International Film Festival. Our coverage extends to key organizations like the Dallas Regional Chamber and United Way of Metropolitan Dallas, plus leading businesses in telecommunications, aviation, and semiconductors that power the local economy such as AT&T, Southwest Airlines, and Texas Instruments. As part of the broader HERE network, including HEREAustinTX.com, HERECollegeStation.com, HEREHouston.com, and HERESanAntonio.com, we provide comprehensive, credible insights into Texas's dynamic landscape.

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