Cuban Might Reacquire Mavs from Las Vegas Sands Owner Dumont


Published on: February 9, 2026, 07:48h.

Updated on: February 9, 2026, 07:48h.

  • Prominent NBA journalist reveals an investor group is eager to team up with Mark Cuban to regain ownership of the Dallas Mavericks
  • Patrick Dumont, the incoming CEO of Las Vegas Sands, is likely not considering a sale

An investment consortium is seeking to collaborate with Mark Cuban, the minority owner of the Dallas Mavericks, to potentially reclaim full ownership of the NBA team.

Mark Cuban with Oklahoma tribal leaders
Rumors suggest that an investor group aims to collaborate with Mark Cuban to repurchase the Dallas Mavericks from Dr. Miriam Adelson. (Image: Getty)

This information comes from a tweet by Marc Stein of The Stein Line. The veteran NBA reporter described the investor group as “unidentified.” Notably, Cuban has not referenced the rumor in his X posts.

Stein’s report further notes that Patrick Dumont, currently serving as the Mavericks’ governor, is not considering a sale. Sources close to him indicate he is optimistic about the team’s prospects, especially with the emergence of rookie Cooper Flagg, who was picked first in the 2025 draft.

Potential Mavs Sale Could Happen Quickly

In late 2023, Cuban sold a 73% share of the Mavericks to Dr. Miriam Adelson, the principal shareholder of Las Vegas Sands (NYSE: LVS), valuing the franchise at $3.5 billion. To fund this transaction, she and her family trust sold off $2 billion worth of stock in the casino business.

As part of this arrangement, Dumont, who is Adelson’s son-in-law, became the governor—NBA jargon for owner—of the team. He is poised to take the helm as chief executive officer (CEO) of Sands next month following the retirement of Robert Goldstein. Dumont has been with Sands, the top casino operator by market cap, since 2010. He was appointed chief financial officer (CFO) in 2016 and later became president and chief operating officer (COO) in January 2021.

Regarding the Mavericks potentially changing hands again, while it’s possible, it remains unlikely. There has been no indication from either Adelson or Dumont that they are contemplating selling the team, nor has Cuban confirmed any plans to collaborate with others to regain full control of the franchise.

Should a sale occur, however, Cuban or any potential buyer would likely need to invest over $2 billion, as Adelson is not expected to sell at a loss. If such a deal were to take place, it would mark one of the swiftest transactions in professional sports history in the United States.

Dumont’s Time with the Mavs Has Been Challenging

Dumont’s tenure as the Mavs governor began on a rocky note, as shortly after his assumption of the role, the team controversially traded perennial all-star Luka Doncic to the Los Angeles Lakers, sending shockwaves through the NBA community.

Former General Manager Nico Harrison was dismissed last November, reportedly due to pressure stemming from the Doncic trade, despite Dumont’s involvement in this decision—a move that followed significant fan backlash.

Additionally, there was speculation, albeit unfounded, suggesting that Adelson may have influenced the decision to trade Doncic. Although she doesn’t regularly partake in daily operations of the team, whispers indicate her son, Matan Adelson, may ultimately take control of the franchise.



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