Mavericks ownership has moved at the top. The Dumont family has taken controlling ownership of the Dallas Mavericks after purchasing shares from Miriam Adelson, the widow of Sheldon Adelson and a Las Vegas Sands shareholder, according to a report from Yahoo Sports. Mark Cuban remains a minority owner, holding roughly a 27% share of the team.
Mavericks ownership: what the share purchase changes
The transaction is described as a purchase of shares from Adelson by the Dumont family, not a sale of the franchise to an outside buyer. Control therefore stays inside the group that has directed the club in recent years, with the balance of shares shifting between two parties already inside the structure.
Patrick Dumont, a Las Vegas Sands executive, has served as the Mavericks' governor since the Adelson and Dumont families acquired a majority stake in the franchise in 2023. Cuban stayed on as a minority partner after that sale, and the new filing of control does not change that position.
Mark Cuban's remaining stake
The roughly 27% figure is the only ownership percentage cited in the report. The size of the Dumont family's holding after the purchase, the price paid for Adelson's shares and the timing of the transfer were not disclosed.
That gap matters for anyone tracking the club's direction. A 27% stake is substantial but does not carry control, which now sits with the Dumont family. Analysis: the practical question is not who holds the largest block but which party sets the budget, the front-office hires and the long-term plan.
What to watch next
Control changes in the NBA generally pass through the league's Board of Governors, and the report did not address the status of any review. Confirmation of the new ownership split, and any statement from the club on decision-making authority, would clarify how the Mavericks operate going forward.
The original report was published by sports.yahoo.com.
