Mark Cuban’s sale of the Dallas Mavericks in late 2023 was massive, at about $3.5 billion. It ended a 23-year run during which he became the face of the team. Following the sale, Cuban kept a 27% stake and was expected by many to still steer basketball choices. Then came reports that the league would not allow a control clause, which clouded who was in charge.

The temperature spiked when the new group led by Miriam Adelson and governor Patrick Dumont approved a blockbuster in February 2025 in the form of the trade that sent Luka Doncic to the Lakers for Anthony Davis. This action, more than any other, has defined the rocky start for the new ownership group, and even triggered protests outside the arena. The new ownership has even been rumored to be considering a move away from Dallas. And

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