Mark Cuban has agreed to sell a majority stake in the Dallas Mavericks to the Adelson family. However, he is anticipated to maintain control over basketball operations and serve as the team’s governor.
Marc Stein reports that Cuban “has certainly granted more front-office autonomy to general manager Nico Harrison (hired in June 2021) than many initially expected and has likewise relished that Mavericks CEO Cynthia Marshall has run the business side since her arrival in February 2018.”
The Mavericks brought Marshall on board after Sports Illustrated published a thorough report exposing the “detrimental work environment” within the organization.
Cuban remains heavily involved in the basketball operations of the Mavericks. In recent years, his primary focus has shifted almost exclusively to the basketball side of the organization.
“League sources say he is determined to operate as a very active partner to the Adelsons on the basketball front while happily letting them focus on the pursuit of TV money, real-estate plays for the franchise, their continued efforts to lobby Texas lawmakers to legalize gambling, etc.,” writes Stein.
Mark Cuban 'Determined To Operate As Very Active Partner' On Basketball Side Of Mavs https://t.co/Ig4XSS6NFf
— RealGM (@RealGM) November 29, 2023
