Mavs Owner Mark Cuban Regrets Selling Team to Adelson and Dumont

Cuban says he wishes he had kept the Mavericks in the family after selling to the billionaire families in 2024.

Mar. 31, 2026 at 7:19pm

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A cubist-style painting featuring overlapping geometric shapes and planes in shades of blue, green, and orange, capturing the dynamic energy of a basketball game or match.The sale of the Dallas Mavericks raises questions about the new owners' long-term commitment to the franchise and its place in the local community.Denver Today

Longtime Dallas Mavericks owner Mark Cuban has expressed regret over his decision to sell the NBA franchise to the Adelson and Dumont families in 2024. Cuban, who had owned the Mavericks since 2000, cited the challenges of operating a professional sports team and his desire to focus on other business ventures as reasons for the sale.

Why it matters

The Mavericks have been a fixture in the Dallas sports landscape for decades, and Cuban's ownership was seen as a stabilizing force for the franchise. The sale to the Adelson and Dumont families, both of whom have extensive business interests outside of sports, has raised concerns about the long-term commitment to the team and its future in Dallas.

The details

Cuban sold the Mavericks to a joint ownership group led by billionaires Sheldon Adelson and Francois Dumont in a deal reportedly worth over $2.5 billion. Since the sale, the new owners have made some changes to the team's operations, including the hiring of a new general manager and head coach. However, Cuban has expressed regret over the decision, citing the passion and energy required to run an NBA franchise on a day-to-day basis.

  • Mark Cuban purchased the Dallas Mavericks in 2000.
  • Cuban sold the Mavericks to the Adelson and Dumont families in 2024.

The players

Mark Cuban

The former owner of the Dallas Mavericks, who purchased the team in 2000 and sold it in 2024 to a group led by Sheldon Adelson and Francois Dumont.

Sheldon Adelson

A billionaire businessman and one of the new co-owners of the Dallas Mavericks, along with Francois Dumont.

Francois Dumont

A billionaire businessman and one of the new co-owners of the Dallas Mavericks, along with Sheldon Adelson.

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What they’re saying

“You hear the passion and everything. Now imagine going up and down like that every single game. That's hard.”

— Mark Cuban, Former Mavericks Owner

The takeaway

The sale of the Dallas Mavericks to the Adelson and Dumont families has raised concerns about the long-term stability and commitment to the franchise, as the new owners have extensive business interests outside of sports. Cuban's regret over the decision highlights the challenges of operating a professional sports team and the importance of finding owners who are deeply invested in the team and its community.