Mark Cuban said he regrets who he sold the Mavericks to in 2023: ‘I made a lot of mistakes in the process’

Mark Cuban doesn’t have regrets about his decision to sell his majority stake in the Dallas Mavericks.

Who he sold to, however, is a different story.

Cuban revealed this week that, after a tumultuous few years following the sale, he would not have sold the Mavericks to Miriam Adelson and her son-in-law Patrick Dumont.

“I don’t regret selling,” Cuban said 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.”

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Cuban first purchased the Mavericks in 2000 for about $285 million. The team won the NBA Finals in 2011 with Dirk Nowitzki, and then Cuban opted to sell his majority share in December 2023 at about a $3.5 billion valuation. Cuban retained about 27% of the Mavericks, while the majority share went to Adelson and Dumont, who is the CEO of the Las Vegas Sands.

Cuban said at the time that nothing would really change basketball-wise and that he’d still be involved in that aspect of the team. But things did change, and quickly.

In February 2025, a little more than a year after Cuban sold, general manager Nico Harrison stunned the NBA world by trading away Luka Dončić to the Los Angeles Lakers. Harrison was eventually fired after swift backlash from fans, and then the Mavericks traded away Anthony Davis — who they got in the deal for Dončić — earlier this season.

Mark Cuban sold a majority share of the Mavericks to Mirian Adelson and her son-in-law, Patrick Dumont, at a $3.5 billion valuation in 2023. (Ron Jenkins/Getty Images)

(Ron Jenkins via Getty Images)

The Mavericks did luck into the No. 1 overall pick in the draft last summer, however, which resulted in them landing former Duke star Cooper Flagg. The Mavericks hold a 24-50 record entering Monday night’s game against the Minnesota Timberwolves, and have already been eliminated from playoff contention for a second straight year.

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Dallas still does not have a permanent general manager to replace Harrison. Michael Finley and Matt Riccardi have been sharing the role on an interim basis. The franchise is also looking to build a new arena, and wants to…

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Author : Ryan Young

Publish date : 2026-03-30 22:11:00

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