Mavericks Owner Dumont Denies Plans to Sell Team Despite Cuban Buzz

The Dumont and Adelson families remain committed to the Dallas Mavericks franchise, according to a family spokesperson.

Published on Feb. 12, 2026

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Rumors have emerged that Dallas Mavericks owner Mark Cuban may be involved in a bid to buy back the team, but a family spokesperson for current owner Patrick Dumont has denied any plans to sell the franchise. The Dumont and Adelson families, who purchased a majority stake in the team in 2023 for $3.5 billion, remain committed to the Mavericks and are focused on building a championship organization for the long term.

Why it matters

The Mavericks have been a fixture in the Dallas community for over two decades under Cuban's ownership, winning an NBA championship in 2011. The potential sale of the team has sparked interest and speculation among fans, but the current ownership group appears intent on maintaining control of the franchise.

The details

In December 2023, Cuban sold his majority stake in the Mavericks to the Adelson family for $3.5 billion, with Patrick Dumont, Miriam Adelson's son-in-law, assuming the role of team governor. Cuban retained a 27% minority ownership share but relinquished control of basketball operations. Under the terms of the sale agreement, the Dumont and Adelson families hold the option to purchase all but 7% of Cuban's remaining shares within the first four years of ownership, with a deadline of December 2027 to exercise that provision.

  • In December 2023, Mark Cuban sold his majority stake in the Dallas Mavericks to the Adelson family for $3.5 billion.
  • In February 2025, the Mavericks traded superstar Luka Doncic to the Los Angeles Lakers, a move that was not consulted with Cuban.

The players

Patrick Dumont

The current owner and team governor of the Dallas Mavericks, having assumed the role in 2023 after the Adelson family purchased a majority stake in the franchise.

Mark Cuban

The former majority owner of the Dallas Mavericks, who purchased the team in 2000 for $285 million and oversaw 23 years of ownership that included an NBA championship in 2011.

Miriam Adelson

The owner of the Dallas Mavericks, having purchased a majority stake in the franchise in 2023 along with her son-in-law, Patrick Dumont.

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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.”

— Family spokesperson (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 (The Dallas Morning News)

What’s next

The Dumont and Adelson families have until December 2027 to exercise their option to purchase all but 7% of Mark Cuban's remaining 27% ownership stake in the Dallas Mavericks.

The takeaway

Despite rumors of a potential Mark Cuban-led bid to regain majority ownership of the Dallas Mavericks, the current ownership group led by Patrick Dumont and Miriam Adelson appears committed to maintaining control of the franchise and building a championship-caliber team for the long term.