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Former Mavericks Owner Mark Cuban Exploring Path to Buy Team Back

Former Mavericks Owner Mark Cuban Exploring Path to Buy Team Back

Summary

Mark Cuban, a former controlling owner of the Dallas Mavericks, might try to repurchase the NBA team. He sold most of his stake in 2023 but kept a minority interest. There is talk that an investor group from Dallas might work with Cuban to buy back the team from current owner Patrick Dumont.

Key Facts

  • Mark Cuban sold a 73% stake in the Dallas Mavericks in 2023 but kept a 27% minority stake.
  • Cuban has limited influence in the team's decisions since the sale.
  • His remaining stake could be reduced to 7% based on a decision by current owners Miriam Adelson and Patrick Dumont.
  • The Mavericks traded key player Luka Dončić in February 2025 without Cuban’s involvement.
  • Dallas received Cooper Flagg as the No. 1 pick in the 2025 NBA Draft.
  • Despite changes, current owners say they are excited about the team's future and have shown little interest in selling.
  • Cuban originally bought the Mavericks for $285 million in 2000.
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