In the two-plus years since Mark Cuban sold his majority stake in the Dallas Mavericks, the team has made the NBA Finals, traded superstar Luka Dončić and lucked into drafting Cooper Flagg with the top pick in last year’s draft.

Had Cuban known how things would have played out, he says he still would have sold the Mavericks — just not to Miriam Adelson and her son-in-law, Las Vegas Sands CEO Patrick Dumont.

“I don’t regret selling,” Cuban said in an appearance on the Intersections podcast. “I regret who I sold to. I made a lot of mistakes in the process, and I’ll leave it at that.”

Cuban sold the Mavericks at a $3.5 billion valuation in December 2023. At the time, Cuban said he believed he would still have significant input in basketball decisions. He told reporters then, “Nothing’s really changed except my bank account.”

Cuban still owns a 27 percent stake in the franchise. When the Mavericks traded Dončić to the Los Angeles Lakers in February 2025, it became clear general manager Nico Harrison was shaping Dallas’ roster and that Cuban’s influence had waned. The Dončić-for-Anthony-Davis swap sparked intense fan backlash.

Harrison was fired in November 2025 amid the Mavericks’ 3-8 start to this season. A few months later, in February, the Mavericks traded Davis to the Washington Wizards while Davis was out with a left hand injury — the fourth injury he’d suffered in his year-long stint in Dallas.

Cuban still attends the majority of home games even though the team has a 12-28 record since the start of 2026 and has been outside the postseason picture most of the season. He typically sits on the baseline near the Mavericks’ bench.

Once the Mavericks’ season concludes in April, Dumont, the Mavericks’ governor, has several big decisions to make.

The Mavericks need to hire a permanent lead basketball decision-maker to build out the roster around Flagg (Michael Finley and Matt Riccardi have served as co-interim general managers since Harrison’s firing). The Mavericks have said they want someone in place ahead of the draft in June. Dallas will likely control a top-10 pick and own the Oklahoma City Thunder’s first-rounder, likely selection No. 29 or 30. Because of moves the Mavericks made to strengthen their roster around Dončić, they don’t have control of their first-round pick after this year until 2031.

By July, Mavericks officials have also said they’ll decide on a site to build a new arena. The team plans to vacate the American Airlines Center once its lease expires there in 2031.

Cuban told Intersections hosts Tom Leppert and Kyle Waldrep that the “emotional commitment” of being a majority owner was one of the reasons he sold.

“You hear the passion and everything,” Cuban said. “Now imagine going up and down like that every single game. That’s hard.”

Cuban added that he didn’t want his children to become involved with the Mavericks.

“My kids, they were coming of age where they would have the mindset that they want to work at the Mavs,” Cuban said. “I didn’t want them to. If fans don’t like what you’re doing or the team’s not doing well, you’re the worst human being on the planet.”