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The Cowboys are not thinking of selling an ownership share to a private equity group. For now. If they do so, Mark Cuban is ready. So, too, is Jerry Jones. “I’m sure our Harbinger fund would be open to it,” Cuban said in a brief email exchange with The Dallas Morning News, referring to his private equity group that just purchased a portion of Major League Baseball's Athletics.
Jones said he respects Cuban, who still owns 27% of the Dallas Mavericks, and what he could bring to a franchise. “That’s exactly why if you’re me, you would be open to that is because of the man,” Jones told The News. “I have all the respect in the world for him and I know what he did for the Mavericks and what he’s done for basketball. He’s in additional to financial boatstreams of your team, you want to associate with the highest quality of [a person] who loves the game and then also at the same time wants to do something about it. Mark leads the way in that.”
The other? Cuban is pivoting away from his beloved Mavericks, the NBA franchise he owned from 2000 to 2023 and in which he still has a 27% stake, but from which he’s become increasingly estranged. “The pivot away from the Mavs was not my choice,” Cuban told The Dallas Morning News on Friday, a day after Harbinger Sports Partners, of which he is general partner and president, bought an undisclosed percentage of the A’s.
“I have spoken on the phone once with Masai [Ujiri] for about 120 seconds,” Cuban continued, in response to emailed questions from The News. “Same with Patrick [Dumont]; day of [Ujiri’s] hiring. “I’ve had two texts with Masai, both I think maybe 2 or 3 word responses, a couple with no response. Which is fine. His choice. I absolutely expected it when they hired Masai. That’s why they hired him. To run basketball. “Fans are excited to see what happens and as a Mavs fan, so am I.”
An investment fund led by billionaire Mark Cuban is buying a minority stake in MLB’s Athletics. It signals a bet on the burgeoning sports market in Las Vegas, where the franchise is scheduled to move to in a couple years.
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In 2023, Mark Cuban officially sold his majority stake in the Mavericks to Adelson. Cuban said that they had a handshake agreement in place where he would remain in control of the Mavericks’ basketball decisions while Dumont would be in charge of the team’s business side. “This handshake agreement was reiterated in multiple emails and orally in the presence of Dumont, Miriam Adelson, another NBA owner, and Mavericks employees,” Cuban’s legal action read. The Athletic asked Cuban if he could produce these emails. Cuban replied, “Can’t say anything at all.”
Mark Cuban has taken his increasingly public dispute with Dallas Mavericks majority owner Patrick Dumont to court, accusing his business partner of shutting him out of the team's plans for a new arena and other lucrative development opportunities.
A new court filing alleges Dumont engaged in “adversarial business practices” and asks a Dallas County judge to force the Mavericks' ownership to disclose details about its planned Valley View arena development, financing and corporate structure. Cuban believes he still has a right to be involved in the Mavericks’ business opportunities, despite selling his majority stake in the team to Miriam Adelson and Dumont, her son-in-law, the filing shows.
The filling comes over a month after the Mavericks signed an option agreement to purchase approximately 104 acres of the former site of Valley View mall, dealing a blow to efforts to bring the team downtown. Cuban said his businesses were “contractually entitled to participate” in the Valley View deal, which the filing describes as “a unique investment opportunity.”
Dan Gilbert: "David Stern was a phenomenal commissioner for 30 years. He built that league. But he too, he used to pick on Mark Cuban, he used to pick on me, he picked on the new guys."
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Mark Cuban has admitted why the Mavericks completely whiffed on letting Jalen Brunson walk to the Knicks. “It was really, really simple. We didn’t see JB, as what he would become,” Cuban, the owner of the Mavericks from 2000 to 2023, said in a recent appearance on “House of Haymaker.” Brunson spent four years with the Mavericks, averaging more than 15 points per game only in his final year, the 2021-22 season.
![“He showed that star potential when Luka [Doncic] got …](https://sportsdata.usatoday.com/gcdn/content-pipeline-sports-images/sports2/nba/players/1121277.png?format=png8&auto=webp&quality=85,75&width=140)
The Stein Line has also been advised that former Trail Blazers, Bucks and Hawks coach Terry Stotts — who previously had a stint in Dallas as an assistant and was once recommended strongly for Kidd's staff by former majority owner Mark Cuban — is also certain to get an interview for the position.