Wary of Cowboys' sticky situation, Mark Cuban reveals why he sold Mavericks as owners Miriam Adelson & co. aim to make Dallas prime gambling spot

NBA: Chicago Bulls at Dallas Mavericks - Source: Imagn
Mark Cuban sold the Dallas Mavericks after 23 years in charge (Credits: IMAGN)

For 23 years, Mark Cuban was a staple of the NBA. He acquired the Dallas Mavericks in January 2000 and laid the blueprint for how team owners should approach operations, setting the bar high in terms of player treatment.

Ad

Cuban was quite outspoken regarding all things NBA and was a frequent presence courtside at Mavericks games. That's why it was a major surprise when he sold his majority stake in the team.

In an interview with Ben Swanger of D CEO on Monday, he revealed that he made that decision because of his kids. He compared it to the Dallas Cowboys and all the criticism owner Jerry Jones has gotten for appointing his children to positions of power.

Ad
“I didn’t want to put my kids in a position where they felt pressure to run the team,” Mark Cuban told D CEO. “Sports fans are not always forgiving. Just take the Cowboys this past season, for example.”

Explore the NBA Draft 2024 with our free NBA Mock Draft Simulator & be the GM of your favorite NBA team.

The Adelson family, being casino moguls, intend to align the team with that line of business going forward, according to Swanger.

Ad
"Eventually, talks progressed into dreaming up a mixed-use development that would include a resort, casino, convention center, restaurants, and a new stadium for the Mavericks. The plan was, and still is, largely dependent on Texas legalizing casino gambling," reported Swanger.

Cuban also acknowledged that while real estate and casino gaming held massive upside, he was not the right man for the job.

Ad
“I don’t know if it’s possible, but I do think it’s a good idea for Texas,” Cuban added. “Real estate and [casino] gaming is where the upside is, but those are not my strengths.”

The Mavs didn't consult Mark Cuban about the Luka Doncic trade: Report

The new era of Mavericks basketball got off to a strong start, as the team made it to the NBA Finals last year on the back of smart in-season trades. However, trading Luka Doncic was perhaps the most controversial move in the league since the James Harden trade.

Ad

According to NBA insider Marc Stein, the team kept Mark Cuban in the dark about this transaction. By the time he found out and tried to talk Harrison out of it, it was already too late:

"Dumont never approached for advice," he wrote in his substack. "Sources say Cuban urged Harrison not to go ahead with the swap...only to find out that the deal had already been sealed with the Lakers by verbal handshake."
Ad

Cuban once said that he would choose Doncic over his wife, so it wasn't a surprise to see he wasn't on board with this transaction.

The Mavericks got a very good player in return in Anthony Davis, but Doncic was significantly younger and one of the best players in the league.

Mavericks Fan? Check out the latest Dallas Mavericks depth chart, schedule, and roster updates all in one place.

Quick Links

Edited by nagpaltusharn25
Sportskeeda logo
Close menu
WWE
WWE
NBA
NBA
NFL
NFL
MMA
MMA
Tennis
Tennis
NHL
NHL
Golf
Golf
MLB
MLB
Soccer
Soccer
F1
F1
WNBA
WNBA
More
More
bell-icon Manage notifications