The Dallas Mavericks’ majority ownership says the NBA franchise is not for sale, pushing back against reports that former owner Mark Cuban could be involved in an effort to buy back the team.
Team leadership confirmed this week that the franchise’s current owners remain committed to long-term control of the organization and are exploring plans to increase their ownership stake, rejecting speculation about a potential sale or buyback.
The statement follows recent reports from NBA insiders that a Dallas-based investor group had expressed interest in partnering with Cuban to regain control of the Mavericks. Those reports fueled discussion among fans and analysts about the future of the franchise, which underwent a major ownership transition in late 2023.
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That year, Cuban sold a controlling stake in the Mavericks to the family of casino executive Miriam Adelson, with Patrick Dumont assuming a leadership role within the organization. Cuban retained a minority share and continued overseeing basketball operations following the sale.
In response to the latest speculation, current ownership said the franchise is not on the market and emphasized plans to strengthen its investment in the team rather than reduce involvement. The ownership group has indicated it remains focused on long-term growth, team performance and future development opportunities tied to the franchise.
The Mavericks are one of the NBA’s most valuable teams and a major part of the Dallas-Fort Worth sports landscape, playing home games at American Airlines Center and drawing a large regional fan base. Any ownership changes could carry significant financial and community impact, including potential implications for arena plans, team operations and future business ventures connected to the franchise.
The buyback speculation highlights continued public interest in Cuban’s role with the team after more than two decades as majority owner. Cuban purchased the Mavericks in 2000 and oversaw a period of sustained competitiveness that included the franchise’s first NBA championship in 2011.
For now, current leadership says there are no plans to sell the team, and ownership intends to remain actively involved in the franchise’s future. No timeline has been announced regarding any changes to ownership structure or potential increases in the group’s stake.
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