Direct answer: The Dallas Mavericks are owned by Miriam Adelson and Patrick Dumont, with Sivan Dumont also part of the ownership group after the sale to the Adelson/Dumont families; Mark Cuban no longer owns a controlling stake. Cuban sold a majority interest (reported as 73%) to the Adelson and Dumont families, and the NBA approved the transfer in late 2023. As of that arrangement, Cuban retained a minority share (reported around 27%), while the Adelson and Dumont families collectively hold the majority of the franchise. Details to keep in mind:
- Ownership transfer: The NBA approved a sale that transferred a controlling interest to Miriam Adelson and Sivan and Patrick Dumont, with the deal valued around several billion dollars, widely reported at approximately $3.5 billion. This positioned Adelson/Dumont as the primary owners, with Cuban reducing his stake significantly.
- Current ownership breakdown (as reported): Miriam Adelson and Patrick Dumont, with Sivan Dumont, hold the controlling interests; Mark Cuban retains a minority stake, commonly reported around the mid-to-high 20s percentage range. The exact percentages have varied across reports but Cuban’s stake was cited as approximately 27% in some sources.
- Context and implications: The sale represented a major transition for the franchise, aligning ownership with high-profile casino/hospitality interests in Las Vegas, and it marked the end of Cuban’s role as controlling owner.
If you’d like, I can pull the most up-to-date, primary sources or provide a concise ownership table with the latest verified percentages.
