Sports · Basketball · 4 hrs ago
Dumont family takes controlling ownership of the Mavericks
The Dumont family now controls the Mavericks, after buying shares in the team from Miriam Adelson.
The Mavericks are the basketball team at the centre of the ownership change.
Adelson sold shares to the Dumont family, according to the available details.
Mark Cuban remains involved as an owner, but he is now a minority owner.
Cuban holds roughly 27% of the team.
The available details do not say what the Dumont family plans to do next.
Sivan and Patrick Dumont acquired Miriam Adelson’s majority stake in the Dallas Mavericks, giving the couple a 69% share of the team.
The transaction was approved by the NBA’s board of governors.
Mark Cuban remains a minority owner with a roughly 27% share.
Dumont said the family is focused on long-term investment in Dallas, including a proposed new arena for the team.
The Dumonts bought their stake from Adelson, who had acquired a majority stake from Cuban in 2023.
- Who
- Sivan and Patrick Dumont acquired the stake from Miriam Adelson. Mark Cuban remains a minority owner.
- What
- The Dumonts took controlling ownership of the Dallas Mavericks, holding a 69% share.
- When
- The sale took place last month, according to the Daily Mail. The reports were published on November 3, 2026.
- Where
- The team is based in Dallas, Texas.
- Why
- Dumont said the family is focused on long-term investment in Dallas and a new arena for the team.
This story does not have two clearly opposing sides.
Miriam Adelson and the Dumonts bought a majority stake in the Mavericks from Mark Cuban.
Sivan and Patrick Dumont acquired Adelson’s majority stake, giving them a 69% share of the team.
Reports of the sale were published.
- Dumont family share
- 69%
- Cuban’s remaining share
- Roughly 27%
- Previous majority-stake purchase
- 2023, from Mark Cuban
- NBA approval
- Board of governors approved the transaction
3 sources
What people are saying
It's really about long-term investment in the city of Dallas
The Dumont family is really committed to building what we hope is the best arena in the NBA
I love Mark. He's been a great family friend for a really long time.