
Former Dallas Mavericks majority owner Mark Cuban recently revealed on the DLLS Sports podcast how the NBA forced him out of having significant power when he sold a majority stake of the team in 2023.
After 23 years of ownership, Cuban spoke on if he has any regrets about how the sale went down.
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“I don’t regret selling the team, I regret how I did it,” Cuban said. “Would I still sell the team? Yes, for all the same reasons I’ve said 100 times. Would I do it the same way? Absolutely not. I would have put it out to bid, but I didn’t so it doesn’t matter.”

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In December 2023, Cuban sold his stake for about $3.5 billion to the Las Vegas Sands Corporation, which is led by Miriam Adelson and Sivan and Patrick Dumont.
Dumont is Adelson’s son-in-law and is currently the team governor. Cuban revealed that he was still supposed to be the governor of the team, but the NBA took that title away.
“I did have it in writing,” Cuban said. “… There was a clause in there that gave me the right to be in every meeting, every trade discussion, everything, and the NBA took that out.”
This is particularly troubling for Mavericks fans who are opposed to the league-altering trade that sent superstar Luka Doncic to the Los Angeles Lakers this past February.
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Cuban wasn’t in the best spirits after the deal went down and felt responsible, but has a healthy mindset, looking towards the future of the franchise.
“We all were hurt when Luka got traded — me as much as anyone, because I felt like I let people down by not being there,” Cuban said. “But what’s done is done. And we got (Cooper Flagg) — the basketball gods were looking down on us and he’s the real deal.”
Cuban, though, said that he still talks to Dumont somewhat frequently and noted the new governor’s desire to keep learning.
“I still talk to (Dumont) a fair amount,” Cuban said. “He does care. And he cares when we lose. He’s spending time to learn. He’s learned a ton in time. Now I can talk to him about analytics. I can talk to him about our roster.”
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