# Billions quietly exchanged in major Mavericks ownership twist

- URL: https://talkfuse.com/story/billions-quietly-exchanged-in-major-mavericks-ownership-twist/
- Published: 2026-11-04T17:55:16+00:00
- Updated: 2026-11-05T05:57:24+00:00
- Original publisher: New York Post (publisher lean: Right)
- Original article: https://nypost.com/2026/11/04/sports/billions-quietly-exchanged-as-mavericks-controlling-interest-changes-hands/
- Topics: World

## Key points

- The Dumont family now holds 69% of the Mavericks.
- Mark Cuban retains a 27% stake.
- A new arena is planned for 2031-32.

## Summary

Sivan and Patrick Dumont have taken control of the Dallas Mavericks after buying Miriam Adelson’s shares in October, bringing their family’s ownership to 69%. Patrick Dumont said the change reflects a long-term commitment to Dallas, including plans for a new arena and the aim of building a championship-winning team.

Adelson bought the majority stake from Mark Cuban in 2023, and Cuban still owns 27%; under that sale’s terms, Dumont can buy a further 20% from him at the original $3.5 billion valuation. A new arena is planned for the 2031-32 season, while the team rebuilds around rookie Cooper Flagg after trading Luka Doncic and finishing last season 26-56. Dallas began this season 4-3.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.