Mark Cuban reviewed his choice to offer the group and existing connection with group leaders in a considerable meeting today.
DALLAS– Mark Cuban, today, reviewed his 2023 choice to offer his bulk risk in the Dallas Mavericks to Las Vegas-based gambling establishment tycoon Miriam Adelson and her household and his existing connection with group management in a considerable brand-new meeting.
Since the sale was revealed in 2023, naturally, Adelson’s son-in-law Patrick Dumont has actually taken control of as guv of the group, Rick Welts changed Cynt Marshall as Chief Executive Officer of the franchise business, previous Mavs celebrity Luka Doncic was traded to the Los Angeles Lakers for Anthony Davis, and the Mavs chose Battle each other standout Cooper Flagg with the initial total choice in the 2025 NBA Draft.
When asked throughout the meeting on the DLLS Mavs podcast today concerning the after effects given that his choice to offer the bulk risk in the group, Cuban, that keeps a minority share in the group, reacted, “not what I anticipated.”
” Not a whole lot I can transform today,” Cuban included. “Currently it’s almost favoring the Mavs, sustaining them when asked, assisting them where I can, being as favorable as I can for them.”
Cuban stated he has some remorses– not concerning marketing the group, however concerning just how he tackled it.
” I do not be sorry for marketing the group. I are sorry for just how I did it,” Cuban stated. “Would certainly I still offer the group? Yes, for just the same factors I have actually stated 100 times. Would certainly I do it similarly? Never.”
When asked what he would certainly transform, Cuban reacted that he would certainly “place it bent on bid,” opening up the group to even more prospective customers.
” Yet I really did not, so it matters not,” Cuban included.
Cuban stated he has a “wonderful connection” with the Adelson household. He additionally highlighted that Dumont “wishes to win.” Cuban stated he has an excellent connection with Rick Welts also.
” I’m still a Mavs follower forever which’s what issues,” Cuban stated. “Not being the decision manufacturer on workers, on the court and off– that’s the greatest modification. And I’ll state it once again– Patrick truly wishes to win, and he’s placed in a great deal of time for more information.”
Notably, Cuban stated he hasn’t had the exact same degree of interaction with Mavericks basic supervisor Nico Harrison, however.
He additionally stated he notified NBA Commissioner Adam Silver that he meant to offer the group in October of 2022, concerning a year prior to his intent to offer the group to Adelson and her household was revealed.
” He was stunned,” Cuban stated of Silver. “I provided him the exact same factors I have actually offered you individuals. “
In the past, Cuban has actually mentioned social media sites and the difficulties it provides to sporting activities franchise business proprietors as a consider why he marketed.
” To visit and scroll via your feed and simply see what we’re seeing currently, seeing what occurs with the Jones household constantly, I really did not desire my children to undergo that,” Cuban stated in a meeting with WFAA previously this year.
