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Dallas Investor Group Eyes Cuban Partnership to Buy Back Mavericks

Signals from the Adelson-Dumont camp suggest no near-term appetite to sell.

Overview

  • Veteran reporter Marc Stein says an unidentified Dallas-based group has approached Mark Cuban about partnering on a bid to repurchase the franchise from governor Patrick Dumont.
  • Mark Cuban sold roughly 73% of the Mavericks in 2023 at a valuation near $3.5 billion, retained about 27%, and declined to comment on the latest report.
  • Coverage reports that Cuban’s remaining stake could be diluted under existing terms, including a potential reduction to about 7% within the first four years.
  • A source close to Dumont told Stein the family is excited about the franchise’s future with No. 1 pick Cooper Flagg, indicating no clear willingness to sell.
  • Any bid would confront a multibillion-dollar price tag — Forbes valued the team near $5.1 billion in 2025 — as Dallas manages ongoing turbulence, including last week’s Anthony Davis trade to Washington and front-office turnover.