Sports
Dumonts take controlling stake in Mavericks
Sivan and Patrick Dumont have become the controlling owners of the Dallas Mavericks after purchasing Miriam Adelson’s shares, giving the family a 69% stake. Patrick Dumont says the family is committed to a new Dallas arena and long-term franchise investment. Mark Cuban retains a 27% share, while Masai Ujiri oversees a broader basketball and front-office overhaul.
Editorial summary · Publisher article
What matters
- The Dumonts can potentially purchase another 20% from Cuban under the original sale terms.
- A new arena is planned for 2031, subject to the ongoing site and rezoning process.
Why this made the edition
Confirmed major ownership change: the Dumont family now controls 69% of the Mavericks, with substantial arena and franchise investment plans.
Source material