Who Owns the Dallas Mavericks?

The Dallas Mavericks were known to have arguably the most passionate owner a sports team could have. 

However, the team underwent a shocking change in ownership in December 2023.

With that said, who owns the Mavericks? Let’s find out.

Who Owns the Dallas Mavericks?

Miriam Adelson, Sivan Dumont, and Patrick Dumont own the Mavericks.

They purchased the team for around $3.5 billion and own 69% of the franchise.

Miriam’s late husband, Sheldon Adelson, founded Las Vegas Sands Corp. Miriam took over as the company’s owner in 2021.

Patrick Dumont, Miriam’s son-in-law, is the president and chief operating officer of Las Vegas Sands and the Mavericks’ governor.

Mary Stanton owns 4% of the Mavs.

Does Mark Cuban Own 100% of the Mavericks?

No, Mark Cuban does not own 100% of the Mavericks.

Does Mark Cuban Still Own the Mavericks?

Yes, Cuban still owns the Mavericks.

He owns 27% of the franchise.

Cuban bought a majority stake in the franchise in January 2000 for $285 million.

Under Cuban, the Mavs went from a laughingstock to a perennial championship contender.

Dallas defeated the Miami Heat, led by LeBron James, Dwyane Wade, and Chris Bosh, in six games in the 2011 NBA Finals, capitalising on their short NBA Finals odds. Dirk Nowitzki was named Finals MVP.

Cuban regularly attended Mavericks games decked out in team gear during both home and road games while passionately cheering for his squad among the die-hards.