Cuban Expresses Regret Over Mavericks Sale

Former owner says he wishes he hadn't sold majority stake to Adelson and Dumont families

Mar. 31, 2026 at 3:41pm

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A fractured, multi-perspective painting depicting a basketball game or match, with sharp, overlapping geometric planes in navy blue, forest green, and burnt orange, conveying the challenges of transitioning team ownership.The transition of Mavericks ownership from Cuban to the Adelson and Dumont families has been fraught with complexities, as the former owner's emotional attachment to the team is evident.Dallas Today

Mark Cuban, the former majority owner of the Dallas Mavericks, has privately expressed regret over selling the NBA franchise to the Adelson and Dumont families in December 2023. The divide between Cuban and the team's current controlling owners continues to deepen, with the billionaire businessman stating he doesn't actually regret the sale itself, but wishes he had kept a larger stake.

Why it matters

The Mavericks have been a cornerstone of the Dallas sports scene for decades, with Cuban's ownership bringing the team its first NBA championship in 2011. His public comments about regretting the sale highlight the challenges of transitioning team ownership and the emotional attachment owners can have to their franchises.

The details

In December 2023, Cuban sold a majority stake in the Mavericks to the Adelson and Dumont families, two prominent business groups. While Cuban has said he doesn't regret the sale itself, he has privately expressed disappointment over not maintaining a larger ownership share in the team he led to great success.

  • Cuban sold the majority stake in the Mavericks to the Adelson and Dumont families in December 2023.

The players

Mark Cuban

The former majority owner of the Dallas Mavericks, who sold a controlling stake in the NBA franchise to the Adelson and Dumont families in 2023.

Adelson and Dumont families

The new controlling owners of the Dallas Mavericks after purchasing a majority stake from Mark Cuban in 2023.

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What they’re saying

“I don't regret selling,”

— Mark Cuban, Former Mavericks Owner

The takeaway

Cuban's comments highlight the emotional and financial complexities of transitioning team ownership, even for successful franchises like the Mavericks. The new Adelson and Dumont ownership groups will need to navigate these challenges as they seek to build on the team's legacy.