Who owns the Dallas Mavericks?

The Dallas Mavericks are one of the most recognizable franchises today in the NBA. With superstar Luka Doncic manning the helm, the Mavs will be on top of everyone’s watch list in the 2023/24 season. With the recent acquisition of superstar point guard Kyrie Irving, the Mavs have made clear their goal for this season — an NBA championship.

The disappointment of last season is still fresh for the Mavs. A season where Doncic averaged 32.4 points per game and the Mavs couldn’t even secure a play-in berth is disheartening to say the least.

Dallas Mavericks Owner

Mark Cuban is the owner of the Dallas Mavericks. Cuban is unlike other owners in the sense that he is very involved with the team and always tries to show up to their games. He is also very invested with his players and makes sure that no expense is spared when it comes to the satisfaction of the players. He jokingly said if he had a choice between his wife or keeping Luka with the Mavs, he would leave his wife.

How much did Cuban buy the Mavs for?

On January 4, 2000, Mark Cuban bought the Mavs from H. Ross Perot Jr. for $285 million. By purchasing a majority stake in the ownership, Cuban became the main owner of the Mavs. This investment has paid off for Cuban big time as the Mavs are worth more than $3 billion today.

Cuban doesn’t necessarily go after the big names but rather tries to build his team with what they have and ensures they are competitive. If your team is good, more people will watch and you will get more media coverage. While it is convenient that players like Luka Doncic and Kyrie Irving increase your net worth, it is important to note that a big part in drafting and landing those respective players has to do with Mark Cuban’s genius. Cuban does not have any plans of selling the team and looks to be involved with them in the foreseeable future.