Mark Cuban is taking his successor to courtroom.
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 crew. The Dallas Morning Information reports that Cuban has alleged that Dumont shut him out of the crew’s plans for a brand new area 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 crew’s present dwelling of American Airways Middle in Dallas, Texas). The billionaire businessman Cuban claims that he nonetheless has a proper to be concerned within the crew’s enterprise alternatives and is requesting additional particulars in regards to the funds and company construction of the Mavericks’ undertaking for a brand new area.
You possibly can learn The Dallas Morning Information’ full report on the state of affairs here.
Cuban formally offered his controlling curiosity within the Mavericks to Dumont and his mother-in-law, Miriam Adelson, again in 2023. Finally, Cuban explained why exactly he decided to sell the team.
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 this present day, anticipated that he would nonetheless have a say over the crew’s day-to-day basketball operations. Nevertheless, that in the end proved to not be the case, most notably when Cuban was not consulted by Dumont on the crew’s franchise-altering commerce of famous person Luka Doncic in 2025.
Earlier this yr, Cuban reportedly explored the possibility of buying back his controlling curiosity from the Dumont-Adelson household however was in the end rebuffed. Cuban has since expressed his regrets over whom he sold the team to, and now he’s taking Dumont to courtroom over his newest grievance in regards to the Mavericks.
