The Dallas Mavericks can’t seem to catch a break. Less than three years after the Adelson family took over the franchise, a new report says a group of investors led by co-owner Mark Cuban is forming. The plan: to buy back the Mavs.
The Doncic trade, the Flagg draft, Harrison out, the Davis trade. The Dallas Mavericks have been making headlines continuously for a year now. And that’s not likely to end anytime soon. According to NBA insider Marc Stein, an “unidentified group of investors” is pursuing the goal of taking over the franchise together with Mark Cuban.
What’s curious about this is that the majority stake in the Mavericks was acquired less than three years ago by Patrick Dumont and Miriam Adelson. However, the trade of franchise star Luka Doncic turned part of the fan base against the ownership group.
Adelson family looks forward to future with Cooper Flagg
Cuban, who was once the majority owner of the Mavs and still owns 27 percent of the shares, did not comment on a request from Marc Stein.
It also remains unclear whether Dumont and Adelson would give up their shares in the franchise at all. According to a source close to Stein, the family “continues to look forward to the future with Cooper Flagg.”
There has been much speculation about Cuban’s possible dissatisfaction with the sale of his shares in 2023. The billionaire had originally made it clear that he would still be able to influence sporting decisions. However, he was then completely left out of the Luka Doncic trade.