Dallas Mavericks Owners Deny Team Is For Sale

The Dumont and Adelson families say they remain committed to the franchise long-term.

Published on Feb. 12, 2026

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The owners of the Dallas Mavericks, the Dumont and Adelson families, have denied reports that the team is for sale. In a statement to The Dallas Morning News, they said they remain fully committed to the franchise and are focused on building a championship organization for the long term. Team owner Mark Cuban, who sold a controlling stake in 2023, also said he does not foresee the team being sold.

Why it matters

The Mavericks have faced significant turmoil in recent years, including a controversial trade of star player Luka Doncic and the firing of the team's general manager. This denial of a potential sale helps provide stability and clarity around the franchise's future direction.

The details

In December 2023, Mark Cuban sold a majority stake in the Mavericks to the Dumont and Adelson families, though he retained a 27% ownership share. This week, veteran NBA reporter Marc Stein reported that an unidentified Dallas investor group was interested in partnering with Cuban to buy back the team. However, the Dumont and Adelson families quickly denied these reports, stating the team is not for sale and they are focused on building a championship contender.

  • In December 2023, Mark Cuban sold a majority stake in the Mavericks.
  • On Feb. 4, 2026, the Mavericks traded several players, including Anthony Davis, to the Washington Wizards.

The players

Mark Cuban

The billionaire owner of the Dallas Mavericks who sold a controlling stake in the team in 2023 but retained a 27% ownership share.

Dumont and Adelson families

The current majority owners of the Dallas Mavericks who purchased a controlling interest in the team from Mark Cuban in 2023.

Nico Harrison

The former general manager of the Dallas Mavericks who was fired in November 2025 amid fan outrage over his controversial trades, including sending Luka Doncic to the Lakers.

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What they’re saying

“The Dumont and Adelson families remain fully committed to the Dallas Mavericks franchise and to the Dallas community. They remain focused on building a championship organization for the long term.”

— Dumont and Adelson families (The Dallas Morning News)

“I get asked fairly often if I would be part of a group if they could buy the team. I tell them all the same thing: I don't see them selling.”

— Mark Cuban, Owner, Dallas Mavericks (The Dallas Morning News)

The takeaway

The denial of a potential sale of the Dallas Mavericks provides much-needed stability for the franchise after a tumultuous period that included controversial trades and front office changes. The Dumont and Adelson families' commitment to building a championship contender long-term suggests they are focused on restoring the team's competitiveness and fan confidence.