Cuban Could Buy Back Mavs from Las Vegas Sands Boss Dumont
Posted on: February 9, 2026, 07:48h.
Last updated on: February 9, 2026, 07:48h.
- Well-known NBA reporter says an investor group wants to work with Mark Cuban to reacquire the Dallas Mavericks
- Patrick Dumont, the soon-to-be CEO of Las Vegas Sands, probably isn’t looking to sell
An investor group is looking to partner with Dallas Mavericks minority owner Mark Cuban to possibly reacquire full control of the NBA franchise.
That’s according to a tweet by Marc Stein of The Stein Line. In the social media post, the longtime NBA reporter characterized the investor consortium as “unidentified.” Cuban’s X feed contains no mention of the rumor,
Stein’s report also indicates Patrick Dumont, who serves as governor of the Mavericks, is an unlikely seller as sources close to him say he’s bullish on the team’s future thanks to emergence of rookie Cooper Flagg who was selected by the team with the first pick of the 2025 draft.
If It Materializes, Mavs Sale Would Be Quick Turnaround
In late 2023, Cuban sold a 73% stake in the Mavericks to Dr. Miriam Adelson, the largest Las Vegas Sands (NYSE: LVS) shareholder, at a valuation of $3.5 billion. She and her family trust sold $2 billion worth of the casino operator’s stock to finance that purchase.
As part of that transaction, Dumont, Adelson’s son-in-law, became governor — NBA vernacular for owner — of the team. He’s slated to become chief executive officer (CEO) Sands next month when Robert Goldstein retires. Dumont has been Sands, the largest casino operator by market capitalization, since 2010. He was named chief financial officer (CFO) in 2016 before becoming president and chief operating officer (COO) in January 2021.
As for the possibility of the Mavericks changing hands again, file it under the category of anything is possible though still highly remote. There’s no indication from Adelson or Dumont that they’re thinking of selling the team and no confirmation from Cuban that he’s working with anyone to reacquire full control of the franchise.
Even if a transaction did come to fruition, Cuban or any prospective buyer would almost certainly have to fork over more than $2 billion because Adelson is unlikely to sell the team at a loss. And if a deal did come to pass, it mark one of the fastest such transactions in the history of US professional sports.
Dumont Mavs Tenure Rocky Thus Far
Dumont’s tenure as Mavs governor got off to inauspicious start because months after he took over, the team traded perennial all-star Luka Doncic to the Los Angeles Lakers in a deal that rocked the NBA world.
Former General Manager Nico Harrison was fired last November, indicating he was “thrown under the boss” because of the trade though Dumont would have had to sign off on that dismissal — one that may have come about after fans derided Dumont in the wake of the trade.
There was also chatter, albeit unfounded, that Adelson herself may have pressed Harrison to trade Doncic. She’s not heavily involved in the day-to-day operations of the team, but there is talk her son, Matan Adelson, will eventually run the franchise.
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