Dallas Investors Seek Mark Cuban Partnership for Potential Mavericks Repurchase

Dallas Investors Seek Mark Cuban Partnership for Potential Mavericks Repurchase

2026-02-09 companies

Dallas, Tuesday, 10 February 2026.
An unidentified investor group reportedly seeks Mark Cuban’s partnership to repurchase the Mavericks just two years after his $3.5 billion sale, despite current ownership’s stated commitment to the franchise.

Emerging Ownership Tension

On February 9, 2026, NBA insider Marc Stein reported that a Dallas-based investor group is exploring a partnership with minority owner Mark Cuban to buy back the Mavericks from the Adelson and Dumont families [1][2]. While Cuban currently retains a 27% stake in the franchise following his sale of the majority interest, it remains unclear whether he is actively participating in this specific effort to reclaim control [2]. The proposal appears to face immediate headwinds; a source close to team governor Patrick Dumont indicated that the ownership family remains “excited about the future of the franchise and the Cooper Flagg era,” effectively dismissing the notion of a sale [1][3].

Financial Context of the Dispute

The potential buy-back attempt surfaces just over two years after a historic transaction reshaped the organization. In December 2023, Cuban sold his majority stake to Miriam Adelson and the Dumont family for approximately $3.5 billion, a valuation that underscored the team’s massive financial growth under his stewardship [1]. Cuban had originally purchased the team from real estate mogul Ross Perot Jr. in January 2000 for $285 million, yielding a return on investment of approximately 1128.07% over his tenure as majority owner [1]. Although initial reports suggested Cuban would maintain control over basketball operations, he relinquished those responsibilities shortly after the sale concluded [1].

A Franchise in Flux

The reported interest in a leadership change correlates with a period of significant instability for the Mavericks on the court. In February 2025, former General Manager Nico Harrison executed a controversial trade sending franchise star Luka Dončić to another team—a move approved by Patrick Dumont without Cuban’s consultation [1][2]. Cuban later publicly accepted responsibility for the departure, stating he “let people down by not being there” [1]. The aftermath of that decision saw Harrison fired in November 2025 following a dismal 3-8 start to the 2025-26 season [1].

Sources


Private Equity Sports Ownership