Mavericks Notes: Cuban, Ownership, New Arena, Middleton

After reporting on Wednesday that the Dumont and Adelson families have no interest in selling the Mavericks back to Mark Cuban, Marc Stein of The Stein Line (subscription required) sheds some light on Cuban’s diminishing role with the franchise. Cuban was brought back to the inner circle of decision makers after former general manager Nico Harrison was fired in November, but sources tell Stein that his influence has already started to wane.

Co-interim GMs Matt Riccardi and Michael Finley were solely responsible for the decision to trade Anthony Davis to Washington last week, according to Stein. He also hears that Riccardi addressed the players on Saturday to explain the trade deadline moves and set expectations for the remainder of the season.

Stein notes that the 2023 sale agreement gives the Dumonts and Adelsons an option — believed to be in effect through December of 2027 — to buy more of Cuban’s shares in the franchise and reduce his minority stake from 27% to as low as 7%. Stein adds that the families’ strong public denial of sale rumors could be interpreted as a message to Cuban to be more careful in his public comments.

Cuban told Stein on Wednesday that he hasn’t talked with team governor Patrick Dumont recently, but stated that he has received calls from “individuals, groups, financial people, you name it” who expressed interest in getting involved if the opportunity arises to repurchase the team.

There’s more from Dallas:

• It’s unlikely that the Adelsons would consider selling the Mavericks at any price, writes Kevin Sherrington of The Dallas Morning News (subscription required). Although they recognize it could take several years, the family bought the team with the vision of linking it to their casino business and they want to be ready if gambling is ever legalized in Texas.
• The Mavericks have reached an agreement with CAA Sports to handle their commercial strategy for a planned new arena, the team announced in a press release. The effort will focus on finding “world class brands” for naming rights and other opportunities. “We have an ambitious vision for the future of the Dallas Mavericks,” CEO Rick Welts said. “The opportunity ahead of us is significant. CAA Sports brings global expertise, deep industry relationships and a strong track record of delivering transformational partnerships for top echelon sports properties. They are the right teammate as we move into this next chapter.”
• There’s been speculation that Khris Middleton may be a buyout candidate after being acquired from Washington in the Davis deal, but coach Jason Kidd likes having him on the roster, per Mike Curtis of The Dallas Morning News. Middleton came off the bench to contribute 13 points and five rebounds in 22 minutes on Tuesday in his Mavericks debut. “Some would say he was a throw-in,” said Kidd, who formerly coached Middleton in Milwaukee. “He’s a lot bigger than you think. He can post. He can shoot it. For me, it was exciting to be able to work with Khris early on in his basketball journey. He did all the hard work. When we got him, he was our best player at the time. Giannis (Antetokounmpo) not that far behind.”