{"id":385732,"date":"2026-07-25T00:00:24","date_gmt":"2026-07-25T00:00:24","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/385732\/"},"modified":"2026-07-25T00:00:24","modified_gmt":"2026-07-25T00:00:24","slug":"mark-cubans-athletics-stake-signals-pivot-from-mavericks","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/385732\/","title":{"rendered":"Mark Cuban\u2019s Athletics stake signals pivot from Mavericks"},"content":{"rendered":"<p><img alt=\"Dallas Mavericks minority owner Mark Cuban (left) and governor Patrick Dumont, remain during the a press conference officially introducing Dallas Mavericks first overall pick Cooper Flagg on Friday, June 27, 2025, at Mavericks Training Center in Dallas.\" loading=\"eager\" fetchpriority=\"high\"   style=\"aspect-ratio:3 \/ 2\" class=\"x100 y100 opc bgpc ofcv bgscv block bg-gray200 mnh0px fill\"\/><\/p>\n<p>Dallas Mavericks minority owner Mark Cuban (left) and governor Patrick Dumont, remain during the a press conference officially introducing Dallas Mavericks first overall pick Cooper Flagg on Friday, June 27, 2025, at Mavericks Training Center in Dallas.<\/p>\n<p>Shafkat Anowar\/Staff Photographer<\/p>\n<p>Here in Dallas, news that <a href=\"https:\/\/www.dallasnews.com\/sports\/article\/mark-cuban-investment-buys-athletics-las-vegas-22358451.php\" data-link=\"native\" class=\"\" rel=\"nofollow noopener\" target=\"_blank\">Mark Cuban is part of a private equity firm that has purchased a minority stake in MLB\u2019s Athletics<\/a> produced two seemingly logical takeaways.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/cdn-channels-pixel.ex.co\/events\/0012000001fxZm9AAE?integrationType=DEFAULT&amp;template=design%2Farticle%2Fplatypus_two_column.tpl\" alt=\"\" class=\"x1px y1px vh abs\" aria-hidden=\"true\" width=\"1\" height=\"1\"\/><\/p>\n<p>The first is that <a href=\"https:\/\/www.dallasnews.com\/sports\/mavericks\/2017\/09\/27\/we-thought-we-had-it-remember-when-mark-cuban-and-jim-crane-nearly-bought-the-texas-rangers\/\" data-link=\"native\" class=\"\" rel=\"nofollow noopener\" target=\"_blank\">Cuban, who tried to buy the bankrupt Texas Rangers<\/a> in 2010 and has been a long-speculated potential buyer of his hometown Pittsburgh Pirates, finally has a toehold in pro baseball.<\/p>\n<p>The other? Cuban is pivoting away from his beloved Mavericks, the\u00a0NBA franchise he owned from 2000 to 2023 and in which he still has a 27% stake, but from which he\u2019s become increasingly estranged.<\/p>\n<p class=\"uiTextSmall f aic jcc\">Article continues below this ad<\/p>\n<p>\u201cThe pivot away from the\u00a0Mavs was not my choice,\u201d Cuban told The Dallas Morning News on Friday, a day after Harbinger Sports Partners, of which he is general partner and president, <a href=\"https:\/\/www.dallasnews.com\/sports\/article\/mark-cuban-investment-buys-athletics-las-vegas-22358451.php\" data-link=\"native\" class=\"\" rel=\"nofollow noopener\" target=\"_blank\">bought an undisclosed percentage of the A\u2019s<\/a>.<\/p>\n<p>\u201cI have spoken on the phone once with Masai [Ujiri] for about 120 seconds,\u201d Cuban continued, in response to emailed questions from The News. \u201cSame with Patrick [Dumont]; day of [Ujiri\u2019s] hiring.<\/p>\n<p>\u201cI\u2019ve had two texts with Masai, both I think maybe 2 or 3 word responses, a couple with no response. Which is fine. His choice. I absolutely expected it when they hired Masai. That\u2019s why they hired him. To run basketball.<\/p>\n<p>\u201cFans are excited to see what happens and as a\u00a0Mavs fan, so am I.\u201d<\/p>\n<p><a href=\"https:\/\/www.dallasnews.com\/sports\/mavericks\/article\/masai-ujiri-dallas-mavericks-things-to-know-nba-22240512.php\" data-link=\"native\" class=\"\" rel=\"nofollow noopener\" target=\"_blank\">Ujiri was hired as the Mavericks\u2019 president<\/a> and named alternate governor May 4. Given Cuban\u2019s actions this month, his communications with franchise leadership likely will remain scant, if any words are exchanged at all.<\/p>\n<p class=\"uiTextSmall f aic jcc\">Article continues below this ad<\/p>\n<p>Cuban\u2019s legal counsel submitted a court filing July 8 in Dallas County <a href=\"https:\/\/www.dallasnews.com\/news\/politics\/article\/mark-cuban-goes-court-records-dallas-mavericks-22337662.php\" data-link=\"native\" class=\"\" rel=\"nofollow noopener\" target=\"_blank\">alleging that Dumont has engaged in \u201cadversarial business practices.\u201d<\/a>\u00a0The filing asks that Mavericks majority ownership be forced to disclose details about the franchise\u2019s planned Valley View arena development, financing and corporate structure.<\/p>\n<p>Court documents for that potential lawsuit have been sealed, though it\u2019s unclear who requested that action and why. Cuban on Friday declined to respond to The News\u2019 questions about the legal proceeding or to characterize his relationship with Dumont.<\/p>\n<p>Cuban and the Athletics<\/p>\n<p>He did, however, briefly discuss his venture with Atlanta-based <a href=\"https:\/\/www.harbingersportspartners.com\/\" data-link=\"native\" class=\"\" rel=\"nofollow noopener\" target=\"_blank\">Harbinger Sports Partners<\/a>. The group was established in May 2025 with Cuban as a founding member and former fellow\u00a0Shark Tank panelist and Atlanta Falcons limited partner Rashaun Williams as chief investment officer.<\/p>\n<p>Cuban said Shark Tank is where he met \u201cand got to be good friends\u201d with Williams.<\/p>\n<p class=\"uiTextSmall f aic jcc\">Article continues below this ad<\/p>\n<p>Harbinger\u2019s leadership also includes chief financial officer and former\u00a0MLB executive vice president Jonathan Mariner and chief executive officer Steve Cannon, Mercedes-Benz\u2019s former CEO and a longtime Falcons executive.<\/p>\n<p>\u201cThey are smart and experienced,\u201d Cuban said. \u201cMariner, Rashaun, Cannon all have spot on experience.\u201d<\/p>\n<p><a href=\"https:\/\/www.harbingersportspartners.com\/\" data-link=\"native\" class=\"\" rel=\"nofollow noopener\" target=\"_blank\">On its website<\/a>, Harbinger describes itself as \u201cthe next generation\u201d of sports investment firms.<\/p>\n<p>\u201cHarbinger Sports Partners identifies value inflection points in premier American sports franchises before they become apparent to the broader market.<\/p>\n<p>\u201cWe are redefining the next generation of sports investing. Our differentiated approach blends demand modeling, cultural and operational underwriting, capital structuring, and media strategy to uncover alpha where others overlook it.\u201d<\/p>\n<p class=\"uiTextSmall f aic jcc\">Article continues below this ad<\/p>\n<p>In the news release announcing the A\u2019s investment, Williams said Harbinger purposely chose to enter the burgeoning Las Vegas sports market. The A\u2019s franchise is in its second of three years of playing home games in Sacramento before moving to a new $2 billion ballpark on the Las Vegas Strip.<\/p>\n<p>In subsequent interviews, Williams hinted Harbinger could be involved with Las Vegas\u2019 NBA team, if league owners grant the city a franchise later this year, as expected.<\/p>\n<p>Does becoming an A\u2019s minority owner satisfy Cuban\u2019s decades-long itch to become involved in major league baseball ownership?<\/p>\n<p>This is a fund,\u201d he said. \u201cI told them I\u2019m happy to help where I can. But we are a minority interest. Not the operating company.\u201d<\/p>\n<p>That of course is the same position in which Cuban finds himself with the Mavericks, on the outside looking in as operational decisions are made.<\/p>\n<p class=\"uiTextSmall f aic jcc\">Article continues below this ad<\/p>\n<p><img alt=\"Dallas Mavericks minority owner Mark Cuban, second from left, and Dallas Mavericks forward Cooper Flagg, standing, smile during the first half of an NBA basketball game against the Utah Jazz at American Airlines Center, Thursday, Jan. 15, 2026, in Dallas.\" loading=\"lazy\"   style=\"aspect-ratio:3 \/ 2\" class=\"x100 y100 opc bgpc ofcv bgscv block bg-gray200 mnh0px fill\"\/><\/p>\n<p>Dallas Mavericks minority owner Mark Cuban, second from left, and Dallas Mavericks forward Cooper Flagg, standing, smile during the first half of an NBA basketball game against the Utah Jazz at American Airlines Center, Thursday, Jan. 15, 2026, in Dallas.<\/p>\n<p>Chitose Suzuki\/Staff Photographer<\/p>\n<p>In February, responding to a dubious news report that unnamed Dallas investors wanted to partner with Cuban to buy back the Mavericks, <a href=\"https:\/\/www.dallasnews.com\/news\/politics\/article\/mark-cuban-goes-court-records-dallas-mavericks-22337662.php\" data-link=\"native\" class=\"\" rel=\"nofollow noopener\" target=\"_blank\">the Miriam Adelson and Dumont families issued a statement<\/a> to The News that ended: \u201cThe team is not for sale and the families look forward to expanding their ownership stake over time.\u201d<\/p>\n<p>That was a not-so-subtle reminder that when they purchased 69% of the Mavericks in December 2023, the Adelson-Dumont families negotiated a provision that allows them to purchase all but 7% of Cuban\u2019s 27% stake by late December 2027.<\/p>\n<p>Imagine a scenario in which Harbinger and Cuban someday own a larger stake in Las Vegas\u2019\u00a0NBA team than Cuban\u2019s share of the Mavericks.<\/p>\n<p class=\"uiTextSmall f aic jcc\">Article continues below this ad<\/p>\n<p>Staff Writer Devyani Chhetri contributed to this story.<\/p>\n","protected":false},"excerpt":{"rendered":"Dallas Mavericks minority owner Mark Cuban (left) and governor Patrick Dumont, remain during the a press conference officially&hellip;\n","protected":false},"author":2,"featured_media":385733,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[102,104,103,88905,90065],"class_list":["post-385732","post","type-post","status-publish","format-standard","has-post-thumbnail","category-dallas","tag-dallas","tag-dallas-headlines","tag-dallas-news","tag-tp-mark-cuban","tag-tp-patrick-dumont"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/385732","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=385732"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/385732\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/385733"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=385732"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=385732"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=385732"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}