Mark Cuban accuses Mavericks owners of freezing him out in proposed arena move, newspaper reports
Summary
Mark Cuban says Dallas Mavericks governor Patrick Dumont blocked him from business chances tied to the team’s plan to move its arena. Cuban claims he was not allowed to be involved in the basketball decisions after selling most of his ownership in 2023.Key Facts
- Mark Cuban sold most of his Dallas Mavericks ownership in 2023 to families including that of Miriam Adelson and Patrick Dumont.
- Cuban had an agreement to keep running basketball operations but lost control when Dumont gave it to former general manager Nico Harrison.
- Cuban says he found out too late about a plan to trade star player Luka Doncic to the Lakers in February 2025, which failed and led to Harrison’s firing.
- Cuban still owns 27% of the team, but there’s a clause allowing Adelson and Dumont’s families to buy up to 20% more of his share.
- The Mavericks plan to move their arena about 10 miles north to a site of a former mall, with a new arena expected to open in 2031.
- Cuban states his businesses had the right to be part of investment chances related to this arena move.
- The current Mavericks arena lease in downtown Dallas ends in 2031; the team has been downtown since it started in 1980.
- The Mavericks did not comment on Cuban’s accusations when asked by The Associated Press.
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