Mark Cuban has expressed seller’s remorse after handing his beloved Mavericks to the Adelson‑backed Las Vegas consortium, and sources say a circle of wealthy friends is reportedly willing to facilitate him repurchase the franchise.
Background on the ownership dispute
The Adelsons bought the Mavericks for $3.5 billion in 2023 and have repeatedly stated the team is “not for sale.” They also retain the right, within the first four years of their ownership, to buy up to 20 percent of Cuban’s 27 percent minority stake at their discretion.
Cuban, who holds a 27 percent stake, has hinted at regret over the sale, while a group of local and state investors has been reported to be interested in backing a potential re‑purchase.
Potential re‑purchase effort
SportsDay alum Marc Stein reported that investors are lining up to support Cuban’s bid. In response, a source close to the Adelson family said they remain excited about the franchise’s future and highlighted young prospect Cooper Flagg as a bright spot.
Brad Townsend, who has been covering the story, said Cuban told him he was not the source of the rumor and does not believe the Adelsons will sell.
Why the saga matters
The Mavericks are a marquee NBA franchise, and any shift in ownership could affect everything from player transactions to community initiatives. The Adelsons’ long‑term vision includes positioning themselves for future Texas gambling legalization, a move that could reshape the franchise’s revenue streams.
Possible next steps
If the investor consortium can assemble sufficient capital, they could present a formal offer to the Adelsons. Should the Adelsons exercise their right to increase their stake, Cuban’s share could be diluted, potentially prompting a sale of his remaining interest. Analysts expect that any change in ownership would likely be scrutinized by the league and could influence future roster decisions.
Frequently Asked Questions
Is the Mavericks franchise currently for sale?
No. The Adelsons have publicly stated the team is not for sale, despite rumors of a possible repurchase.
What rights do the Adelsons have regarding Cuban’s minority stake?
They can, at any time within the first four years of ownership, buy out as much as 20 percent of Cuban’s 27 percent stake.
Who is reportedly willing to help Cuban buy the Mavericks back?
According to reports, a group of local and state investors—referred to as “rich pals”—are interested in backing Cuban’s effort to reacquire the team.
What do you think the outcome of this ownership tug‑of‑war could mean for the Mavericks and their fans?
