Investor Group Looks to Partner With Mark Cuban to Buy Back Mavericks

Rumors swirl around potential ownership change for the struggling Dallas NBA franchise

Published on Feb. 10, 2026

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A report from NBA insider Marc Stein indicates that an "unidentified Dallas investor group" is exploring a partnership with Mark Cuban to buy back the Dallas Mavericks from current majority owners Miriam Adelson and Patrick Dumont. The timing of this potential ownership change comes as the Mavericks have struggled on the court since Cuban sold his majority stake in 2023, and as the NBA considers expanding to new markets like Seattle and Las Vegas.

Why it matters

The Mavericks' ownership situation has been a source of frustration for the team's passionate fanbase, who have grown increasingly displeased with the direction of the franchise under Adelson and Dumont's leadership. A potential return of Cuban, who built the Mavericks into a championship contender during his tenure, could reinvigorate the team and its connection to the Dallas community.

The details

According to the report, Cuban currently holds a minority 27% stake in the Mavericks after selling his majority share in 2023. The new investor group is looking to partner with Cuban to buy back the team from Adelson and Dumont, who took over majority ownership at that time. The Adelsons have faced challenges in their efforts to build a new arena in Dallas that would include a casino, as Texas legislation has not moved forward on legalizing gambling. Meanwhile, Dumont is set to take on increased responsibilities as the new CEO of Las Vegas Sands Corp., which could impact his involvement with the Mavericks.

  • In late 2023, Mark Cuban sold his majority stake in the Dallas Mavericks to Miriam Adelson and Patrick Dumont.
  • On February 9, 2026, NBA insider Marc Stein reported on the potential ownership change rumors.

The players

Mark Cuban

The current minority owner (27% stake) of the Dallas Mavericks, who previously owned a majority stake in the team and helped build it into an NBA contender.

Miriam Adelson

The current majority owner of the Dallas Mavericks, who took over the team in 2023 after Cuban sold his majority stake.

Patrick Dumont

The current co-owner of the Dallas Mavericks, who will soon be promoted to CEO of the Las Vegas Sands Corp.

Marc Stein

An NBA insider who reported on the potential ownership change rumors involving the Dallas Mavericks.

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What they’re saying

“Think it's going to be an extra-great year for Seattle. I'm hearing NBA Board of Governors likely to vote on expanding by two teams this summer and Las Vegas and Seattle are favored.”

— Brad Townsend, Dallas Morning News writer (Twitter)

What’s next

The NBA Board of Governors is expected to vote on league expansion this summer, with Las Vegas and Seattle as the reported frontrunners for new franchises. The potential ownership change for the Mavericks could be impacted by these expansion plans, as well as the ongoing challenges the Adelsons face in their efforts to build a new arena in Dallas.

The takeaway

The Mavericks' ownership saga has been a source of frustration for the team's loyal fanbase, who have watched the franchise struggle since Mark Cuban sold his majority stake in 2023. A potential return of Cuban, paired with the NBA's expansion plans, could signal a new era of stability and optimism for the Mavericks organization and its connection to the Dallas community.