Who Owns the Mavericks
The Dallas Mavericks are currently owned by a group led by Miriam Adelson and the Adelson family. In December 2023, the National Basketball Association approved their purchase of the franchise from the previous ownership group.
Previous Ownership and Sale
Before the Adelson-led group, the Mavericks were owned by Mark Cuban, who purchased the team in 2000. Cuban sold the franchise to the Adelson-led consortium for an enterprise value reported near 3.8 billion dollars.
Franchise Value and Structure
The Mavericks are a professional basketball team based in Dallas, Texas, competing in the Southwest Division of the NBA. The franchise is managed through a limited liability company that handles basketball operations, media rights, and arena partnerships.
Key Facts About Mavericks Ownership
Ownership details include the Adelson family controlling the franchise, with investment partners participating in the purchase. The team continues to operate under NBA regulations regarding ownership structures, financial disclosures, and competitive rules.
