Mark Cuban says he does not regret selling the Dallas Mavericks but admits he regrets the way he handled the deal.
Speaking on DLLS Sports, Cuban explained that he would still have sold the franchise for the same reasons he has repeated in recent months. However, he acknowledged he would have done it differently if given another chance.
“I don’t regret selling the team. I regret how I did it,” Cuban said, via HoopsHype. “Would I still sell the team? Yes. For all the same reasons I’ve said a hundred times. Would I do it the same way? Absolutely not.”
When asked what he would change, Cuban was direct. “I would have put it out to bid, you know, but you know, I didn’t so it doesn’t matter.”
Cuban purchased the Mavericks in 2000 from Ross Perot Jr. for $285 million, transforming the franchise into one of the NBA’s most consistent contenders. His tenure delivered 18 playoff appearances, a 2011 championship, and a total record of 1,152–782.
On December 27, 2023, casino magnates Miriam Adelson and Patrick Dumont acquired a 69% majority stake in the Mavericks at a franchise valuation between $3.8 billion and $3.9 billion. Cuban retained a 27% minority stake and operational involvement but ceded final decision-making power.
The Adelson and Dumont families now control both business and basketball operations, with Dumont replacing Cuban as the team’s governor on the NBA Board of Governors.
Adelson funded the purchase by selling $2 billion worth of Las Vegas Sands Corporation stock and supplementing the move with additional cash. Four minority shareholders were bought out, with Mary Stanton remaining as a 4% owner.
The sale ended Cuban’s nearly 23-year run as the NBA’s most visible and outspoken team governor. He was widely credited for modernizing the Mavericks’ operations, increasing fan engagement, and helping push NBA franchises toward digital innovation.
