While rumors circulated this week that there was an investor group interested in teaming up with Mavericks minority shareholder Mark Cuban to buy the franchise back from its new owners, it appears that any such efforts may be futile.
Marc Stein of The Stein Line reports (via Twitter) that the Dumont and Adelson families, led by Mavs governor Patrick Dumont, have no intentions of selling the team.
“The Dumont and Adelson families remain fully committed to the Dallas Mavericks’ franchise and to the Dallas community,” Stein’s source close to the Dumont family says (Twitter link). “They remain focused on building a championship organization for the long term.”
Since Monday’s report, Cuban expressed skepticism to Brad Townsend of the Dallas Morning News that the current ownership group would be interested in selling the Mavs after having just bought the team in 2023, though he did confirm that he’s been approached by parties interested in making an attempt.
“I have been contacted by multiple groups and individuals who have interest in buying the Mavs,” Cuban told Townsend. “[But] I don’t know who the report was talking about. … 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
Townsend confirms Stein’s reporting and notes that the new ownership group has until December 2027 to buy out all but 7% of Cuban’s stake in the team. The Dumont/Adelson group does plan to at least buy some part of Cuban’s remaining 27% stake, Townsend writes, adding that he believes that Dumont is planning to be with the Mavericks for the long term.
Driving up that sale price! These new owners have no business owning the Mavs.
As a mavs fan, Cuban shouldn’t have sold majority stock
If he didn’t sell then Luka stays there, but then probably no Cooper Flagg
Luka took them to the Finals. It’ll be a while before Flagg does something similar.
Going to the finals meaning they lost? They had the same result as the Sacramento Kings…not champions
Idiotic take. There’s levels to it. Mavs were contenders and instead of pushing to maintain that status and get over the hump to be champions, they blew it up and traded away a generational player still in his early prime. They lucked into Coop and are no where near contender status.
No team is ever winning a championship with Luka as its main player, honestly making it to the finals was a major overachievement. And making it to one finals doesnt automatically make you a contender for next following seasons, regardless of your opinion on the players.
Just look at the Phoenix Suns, so close yet so far away. But it seems like you consider Luka more of a champion than Devin Booker, when at the end of they day they are both losers. Thats the nature of the game, only one team wins.
Mavs owners are trash
Bring back Dirk (in some front-office or media/advisory facility) and Luka (in his prime) and all is forgiven! 🔥
Cuban wouldn’t be doing this if they didn’t have one of the budding stars in Flagg
Flagg is having a better rookie season than LeBron at the same age, Cuban isnt stupid(I guess he kinda is because why did he sell the team in the first place lol)
From a business perspective, the current owners shouldn’t sell now. It would make the Mavericks even worse. I do see the thinking from Cuban though. Give Dumont a chance first
why would he Wana buy it back he just sold it and would have to pay way more for it
They aren’t for sale. If they were nobody with assets would be notified and the team would be traded for the last blockbuster or some other useless thing.
Cuban is so weird it’s debatable whether he was a good owner or not but it’s become obvious that these dumonts know nothing about basketball and only care about money
Regardless of how you feel about this ownership group (believe me I have my opinions that reach beyond the court), they didn’t hire Nico or promote him to GM, made a finals appearance, fired Niko to please the fans, and gotten off the AD money already and didn’t have to sell as low as imagined.
Kind of an impressive resume given the context.
Nico was a GM that created a Mavs roster that went to the finals, if Cuban was still owner he would have made sure that Nico wouldnt do anything insane
While that’s probable, it’s certainly not a fact. Not sure why you think he’d be okay selling the entire team if you think he’d be 100% against getting rid of one player on that team.
The Dumonts and Adelmans are also awful people outside of their Mavs ownership.
The fact that war criminals are allowed to own anything is a sign of empire decline.
Unless the empire is built on war crimes
The Dumonts aren’t going to sell the team at this point. It was an investment and they haven’t seen the value of the team go up enough to even consider selling the team. I’m afraid you Mavs fans are stuck with them for another 5-7 years at least. Cuban won’t be buying the team back. He sold them for a reason. Any new group interested in buying thebteam at this point would only be bringing Cuban back as a minority owner. if rhe team were to sell to a new ownership group in the next few years, Cuban would likely be interested in being involved, maybe even back in a governing role. if they sell 7-10 years from now, Cuban would probably Still be interested in maintaining a minority share but by that time would be too far removed to be interested or useful in the daily operations of the team.
Of course there are rumors about selling or buying any NBA team. Private equity ownership is now widely allowed and thus owning sports team is a way to invest billions of this enormous money in one swoop. With no rules, no regulations, or transparency.
People that bought a team two years ago dont want to sell it, WOW what a surprise!!