The Dallas Mavericks experienced the best years in franchise history after businessman and television personality Mark Cuban purchased the team in 2000. However, it’s been tough sledding since he sold his majority stake in the organization to businesswoman Miriam Adelson as well as her daughter Sivan Ochshorn and son-in-law Patrick Dumont in December 2023.
Now, Cuban may buy the team back, per The Stein Line’s Marc Stein.
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“BREAKING: An unidentified Dallas investor group is interested in partnering with Mark Cuban to buy the Mavericks back from Patrick Dumont,” he reported on Monday. “A source close to Dumont told me ‘the family remains excited about the future of the franchise and the Cooper Flagg era.'”
Mavericks Have Been Through Whirlwind
Former Dallas Mavericks guard Luka Doncic (77) Brett Davis-USA TODAY Sports
(Brett Davis-USA TODAY Sports)
Before Cuban bought the team, it had only made one Western Conference Finals appearance since its debut season in 1980-81. However, it made the playoffs in each of the first 12 seasons after the purchase and made two NBA Finals appearances during that span, including an upset series win over the Miami Heat in the 2011 Finals.
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Cuban bought the Mavericks during future Hall of Famer Dirk Nowitzki’s second season. The native German stayed on the squad until he retired after the 2018-19 campaign, which was also superstar Luka Doncic‘s rookie year.
Dallas dealt fellow star guard Trae Young (No. 5 overall pick) and a 2019 first-round pick to the Atlanta Hawks for Doncic (No. 3 overall) on draft night in 2018. The latter player earned NBA Rookie of the Year honors in 2019 as well as All-NBA First Team recognition each year from 2020 to 2024.
Doncic led the Mavericks to four playoff appearances, including a Conference Finals run in 2022 and a Finals appearance in 2024. But they then traded the 6-foot-8, 230-pounder to the Los Angeles Lakers in February 2025, over a year after Cuban ceded operating control to the Adelson/Dumont family.
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Cuban, who has remained a minority owner, admitted he thought the trade was a mistake in March, via the “Your Mom’s House” podcast with comedian Tom Segura. Then-general manager Nico Harrison traded Doncic for a package including five-time All-NBA honoree Anthony Davis, an oft-injured star who is now 32.
Dallas then missed the playoffs after getting eliminated in the Play-In Tournament last season before winning the 2025 NBA Draft Lottery. The organization selected Flagg No. 1 overall out of Duke in the draft, and he’s now a favorite for Rookie of the Year.
However, the Mavericks fired Harrison in November after starting 3-8 and traded Davis to the Washington Wizards on Wednesday. The former Kentucky Wildcats played just 29 total regular-season games for Dallas due to injury.
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The franchise lucked out by landing a generational talent in Flagg, but it now must rebuild around him after the disastrous Doncic trade. The question is whether that will happen under Cuban’s leadership in the near future.
Related: Mark Cuban Teases Mavericks’ Plan for Cooper Flagg
This story was originally published by Athlon Sports on Feb 9, 2026, where it first appeared in the NBA section. Add Athlon Sports as a Preferred Source by clicking here.