An Dallas investor group is interested in partnering with Mark Cuban to buy the Mavericks
Published by RawNews1st
An “unidentified Dallas investor group” is reportedly interested in pairing with former Dallas Mavericks governor Mark Cuban to purchase the team from Patrick Dumont, according to NBA reporter Marc Stein.
“The family remains excited about the future of the franchise and the Cooper Flagg era,” a source close to Dumont told Stein.
Per Stein, “Cuban, when reached Monday, declined comment. He has been serving as an official adviser to Dumont since Nico Harrison’s Nov. 11 dismissal and still owns 27 percent of the franchise as a minority owner, but that stake—as The Stein Line has reported previously—can be bought down to seven percent by Miriam Adelson/Dumont at the new owners’ discretion within the first four years of the partnership.”
When Cuban first sold his controlling interest of the Mavericks to the families of Dumont and Adelson, it was believed he would still be heavily involved in basketball operations.
“Nothing’s really changed except my bank account,” he told reporters in 2023. “I feel really good. I think it’s a great partnership. It’s what the team needed on the court and off. I’ll still be overseeing the basketball side of it, but having a partner like Patrick and Sivan and Miriam and their ability to build and to redevelop the arena and whatever comes next beyond that just puts us in a much better position to compete. That’s all. That’s what it comes down to.”
