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After abysmal Luka Doncic trade return, Mark Cuban wants to buy back Dallas Mavericks

Photo by Gunnar Word/Getty Images
Photo by Gunnar Word/Getty Images
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Mark Cuban is weighing a possible move to regain control of the Dallas Mavericks after a chaotic stretch for the franchise.

The situation follows the heavily criticised Luka Doncic trade and a series of decisions that have drawn sustained backlash from the fan base.

Attention has now shifted to whether Cuban could play a larger ownership role again after the recent organisational upheaval.

Mark Cuban and Cooper Flagg #32 of the Dallas Mavericks looks on during the second half against the Memphis Grizzlies at American Airlines Center on November 22, 2025 in Dallas, Texas.
Photo by Ron Jenkins/Getty Images

Mark Cuban explores path to buy back Mavericks

The Stein Line has reported that a group of unidentified Dallas-based investors has shown tangible interest in partnering with Mark Cuban to attempt to buy the franchise back from the Dumont and Adelson families.

Patrick Dumont and Miriam Adelson have owned the Mavericks for less than three years, and a source close to Dumont said the family remains excited about the future of the franchise and the Cooper Flagg era.

Cuban declined comment when contacted, but he has continued to serve as an official adviser to Dumont since the firing of general manager Nico Harrison on Nov. 11.

He still owns 27 percent of the franchise as a minority owner, although that stake can be reduced to seven percent at the discretion of the current ownership group within the first four years.

Luka Doncic trade fallout reshapes franchise direction

Dumont replaced Cuban as operating owner near the end of 2023, bringing an end to Cuban’s 23 and a half seasons in charge of the organisation.

The Mavericks followed an unexpected run to the NBA Finals by trading Luka Doncic on Feb. 2, 2025, for Anthony Davis, Max Christie, and one unprotected first-round pick in 2029.

Nico Harrison absorbed months of fan anger as the strongest internal supporter of the deal before being dismissed in November and replaced by Matt Riccardi and Michael Finley as co-interim general managers.

Under their direction, Dallas later traded Davis to the Washington Wizards in a move that created financial flexibility but returned limited draft and player value.