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Mark Cuban Said He Regrets Selling the Dallas Mavericks to the Adelson Family, Recounts Reaction to the Luka Doncic Trade in Podcast Interview
Mark Cuban retains 27% stake and regrets selling majority control of the Mavericks for about $3.5 billion amid leadership changes and key player trade, he told WFAA.
- On Monday, former Dallas Mavericks owner Mark Cuban confirmed he regrets selling his majority stake to the Adelson family, admitting in a teaser clip he made "a lot of mistakes in the process."
- Cuban sold the franchise for roughly $3.5 billion in late 2023 expecting to maintain basketball operations control, but Patrick Dumont took over as governor and sidelined him from key decisions.
- Tensions peaked in February 2025 when Dumont approved former general manager Nico Harrison's trade of Luka Doncic to the Los Angeles Lakers, blindsiding Cuban with a deal he later criticized as inadequate.
- While Cuban retains a 27% ownership stake, the Adelson family holds an option to purchase an additional 20% over the next 18 months as the Mavericks collapse to a 24-51 record.
- Cuban cited the "big emotional commitment" of majority ownership and the financial burden as reasons for selling, though he now characterizes the deal as "not a good move for me" financially.
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Coverage Details
Total News Sources26
Leaning Left4Leaning Right4Center6Last UpdatedBias Distribution43% Center
Bias Distribution
- 43% of the sources are Center
43% Center
L 29%
C 43%
R 28%
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