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Markets

Mark Cuban Regrets Selling Mavericks to Adelson

Published 31 March 2026

Mark Cuban, the former majority owner of the Dallas Mavericks, expressed regret over the buyer of his stake in the team during a recent appearance on the Intersections podcast, amid the franchise's sharp decline following a controversial trade of star player Luka Doncic.

In a teaser clip released Monday, Cuban stated, "I don’t regret selling. I regret who I sold to. I made a lot of mistakes in the process, and I’ll leave it at that." He sold a majority share of the NBA team to casino magnate Miriam Adelson and her son-in-law, Patrick Dumont, chief executive of Las Vegas Sands, in December 2023. Dumont assumed the role of governor after the transaction, while Cuban retained a 27 percent minority stake. At the time, Cuban anticipated retaining control over basketball operations, but he later discovered no contractual provision supported that arrangement.

The regrets came into focus with a blockbuster trade in February 2025, when the Mavericks sent Doncic, then 25 and fresh off leading the team to the NBA Finals, to the Los Angeles Lakers. In exchange, Dallas received All-Star center Anthony Davis, guard Max Christie, and a future first-round draft pick in a three-team deal. Cuban...

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