Direct answer: As of late 2025, the Dallas Mavericks are owned by a group led by Miriam Adelson and Patrick Dumont, with Mark Cuban retaining a minority stake and continuing to be involved in basketball operations.
Context and key points:
- Ownership group: The majority stake is held by Dallas Sports Group, controlled by Miriam Adelson and Patrick Dumont. They acquired a large portion of the franchise in 2023, reducing Cuban’s ownership share to a minority stake.
- Cuban’s role: Mark Cuban no longer controls the team but remains involved with basketball operations as a minority owner. The arrangement followed the 2023 sale of a large portion of the team to the Adelson-Dumont group.
- Recent developments: There have been public discussions and reporting about the ownership dynamics and Cuban’s residual stake, including comments related to the franchise’s direction and recent trade-related events. For example, coverage around the 2023 sale and subsequent statements in 2024–2025 reflects Cuban’s continued but reduced role.
Notes:
- If you’d like, I can pull up more recent or more detailed sources, or focus on a specific aspect (e.g., exact ownership percentages, governance structure, or impact on team operations).
