Sports3 sources

Dumont family acquires majority shares of Dallas Mavericks

  • The Dumont family has acquired Miriam Adelson's shares in the Dallas Mavericks.
  • The Dumonts now hold a controlling interest in the franchise.
  • Mark Cuban retains a 27% share and can sell an additional 20% to the Dumonts at the original $3.5 billion valuation.
  • Cuban has expressed regret over selling the Mavericks to Adelson and the Dumonts.
  • The Dumonts plan to gradually increase their ownership in the future.
Dumont family acquires majority shares of Dallas Mavericks | Split Angle