Report: Dallas investor group wants to partner with Cuban to buy Mavs back
An unidentified Dallas investor group is interested in partnering with Mark Cuban to purchase the Mavericks back from team governor Patrick Dumont, sources told NBA insider Marc Stein.
"The family remains excited about the future of the franchise and the Cooper Flagg era," a source close to Dumont told Stein.
Cuban bought a majority stake in the Mavs for $285 million from real-estate mogul Ross Perot Jr. in January 2000.
Dallas became a perennial playoff contender under Cuban and broke through for their first NBA title in 2010-11.
Cuban sold his majority stake in the franchise to Miriam Adelson and Sivian and Patrick Dumont in December 2023 for approximately $3.5 billion.
He was reportedly expected to retain team control of all basketball operations but relinquished those responsibilities after selling his majority stake.
Cuban is currently a minority owner with a 27% share in the club.
Former Dallas president of basketball operations and general manager Nico Harrison executed the controversial trade of Luka Doncic in February 2025, with Patrick Dumont's approval.
Cuban has since taken responsibility for Doncic's departure, saying he "let people down by not being there."
The Mavericks fired Harrison in November 2025 following a 3-8 start to the 2025-26 campaign.
Anthony Davis, the centerpiece of the Doncic trade, was moved to the Washington Wizards last Tuesday in a three-team deal involving the Charlotte Hornets.
Dallas sits 12th in the West and five games back of the Portland Trail Blazers for the conference's final play-in tournament spot.
The Mavs don't control their first-round draft picks between 2027-30.