Mark Cuban’s agreed-upon sale of a majority stake in the Mavericks has been in the works for quite some time, Marc Stein reports in a Substack post.
Cuban informed commissioner Adam Silver last season that he was pursuing the sale with Las Vegas Sands Corp. Cuban will retain control of the Mavericks’ basketball ops, even though he will no longer hold the majority stake if the Board of Governors approves the transaction.
The partnership hopes to build an arena and casino in Dallas if gambling is approved in the state. Cuban told Everton Bailey Jr. of the Dallas Morning News via email that the franchise would remain in Dallas, despite the incoming owners’ Las Vegas roots.
“I will say on the record the team is not moving anywhere,” Cuban wrote. “We are the DALLAS Mavs.”
We have more from the Southwest Division:
- The Pelicans advanced to the in-season tournament semifinals on Monday by defeating Sacramento. ESPN’s Andrew Lopez provides details about a team meeting last month held following a five-game losing streak. Larry Nance Jr. called the meeting, which was described as productive. The players were receptive to constructive criticism. “It just felt a little that we could be better. And I thought we did a great job of addressing exactly what we needed to address and walking into the meeting with a clear direction and a path the meeting was supposed to take. And it took that,” Nance said.
- Herbert Jones displayed his defensive chops against the Kings’ De’Aaron Fox on Monday, hounding the star guard into a 10-for-25 shooting performance and six turnovers. Jones, who is signed through the 2026/27 season after becoming a restricted free agent earlier this year, also supplied 23 points, Christian Clark of the New Orleans Times-Picayune notes. “Herb was everywhere,” Pelicans coach Willie Green said. “He was flying around. He was blocking shots. He was getting steals, rebounding the ball. We needed that effort across the ball. This was a big-time win.”
- The addition of Victor Wembanyama hasn’t resolved the Spurs’ defensive issues. Losers of 14 straight, they’re giving up an average of 123.9 points per game and the coaching staff is emphasizing the fundamentals to the young squad. “Now we are starting from it seems like square one, as basic as it gets about where to be in help side, how to guard the ball, taking away the basket first and forcing them to kick out to tougher shots,” guard Tre Jones told Jeff McDonald of the San Antonio Express-News. “It seems like so many basic things, but some people have never been taught it.”
Mark from Cuba will continue to ride his luck…
Gotta feel bad for Luka that this fool is gonna be ruining the Mavs whilst he is in his prime… He needs to be the next big name to ask out…
“Ruining the Mavs” Look at where the Mavs were when he bought them and look at what they have done in 2 and a half decades. You sound very ignorant. On top of thinking you are funny with your “Mark from Cuba” stupidity every time you post. It wasn’t funny the first 2000 times and it still isn’t.