Mark Cuban is taking his successor to court docket.
The previous Dallas Mavericks majority proprietor, Cuban, is suing present Mavericks majority proprietor Patrick Dumont for allegedly freezing him out of enterprise alternatives associated to the staff. The Dallas Morning Information experiences that Cuban has alleged that Dumont shut him out of the staff’s plans for a brand new enviornment and different profitable improvement alternatives.
Cuban’s submitting reportedly claims that Dumont engaged in “adversarial enterprise practices” in his efforts to maneuver the Mavericks to the location of the previous Valley View Mall in Dallas, Texas (some 10-15 miles north of the staff’s present house of American Airways Middle in Dallas, Texas). The billionaire businessman Cuban claims that he nonetheless has a proper to be concerned within the staff’s enterprise alternatives and is requesting additional particulars in regards to the funds and company construction of the Mavericks’ venture for a brand new enviornment.
You possibly can learn The Dallas Morning Information’ full report on the scenario right here.
Cuban formally offered his controlling curiosity within the Mavericks to Dumont and his mother-in-law, Miriam Adelson, again in 2023. Finally, Cuban defined why precisely he determined to promote the staff.
However the relationship between Cuban and Dumont has quickly deteriorated during the last couple of years. Cuban, who continues to be a minority proprietor of the Mavericks to today, anticipated that he would nonetheless have a say over the staff’s day-to-day basketball operations. Nevertheless, that finally proved to not be the case, most notably when Cuban was not consulted by Dumont on the staff’s franchise-altering commerce of famous person Luka Doncic in 2025.
Earlier this yr, Cuban reportedly explored the potential for shopping for again his controlling curiosity from the Dumont-Adelson household however was finally rebuffed. Cuban has since expressed his regrets over whom he offered the staff to, and now he takes Dumont to court docket over his newest grievance in regards to the Mavericks.
