Cuban addresses selling the team again: I don't regret selling the Mavericks, I regret who I sold it to.

On March 31 Beijing time, more than two years after Mark Cuban sold the majority stake of the Dallas Mavericks, the team reached the NBA Finals, traded superstar Luka Doncic, and luckily selected Cooper Flagg with the first overall pick in last year's draft. Cuban stated that if he had known what would happen later, he would still have sold the Mavericks—just not to Miriam Adelson and her son-in-law, Las Vegas Sands CEO Patrick Dumont.

“I don't regret selling the team,” Cuban said on the podcast "Intersections." “I regret who I sold it to. I made many mistakes throughout the process, and I'll leave it at that.”

Cuban sold the Mavericks in December 2023 at a valuation of $3.5 billion. At that time, he stated he would still have significant decision-making power in basketball matters and told reporters, “Nothing really changed except my bank account.”

Cuban currently still holds 27% of the team's shares. By February 2025, when the Mavericks traded Doncic to the Los Angeles Lakers, it was clear that GM Nico Harrison was the one truly building the roster, and Cuban's influence had significantly diminished. This Doncic-for-Anthony Davis trade sparked strong discontent among fans.

In November 2025, the Mavericks started with a poor 3-8 record, and Harrison was subsequently fired. Months later in February, while Davis was sidelined with a left-hand injury (his fourth injury during his one year in Dallas), the Mavericks traded him to the Washington Wizards.

Despite only achieving 12 wins and 28 losses since 2026 and being out of playoff contention most of this season, Cuban still attends most home games, usually sitting near the baseline area close to the Mavericks bench.

After the Mavericks' season ends this April, team owner Dumont will face several major decisions.

The Mavericks need to hire a formal president of basketball operations and build a roster around Flagg (after Harrison's dismissal, Michael Finley and Matt Riccardi have been serving as interim co-GMs). The team hopes to finalize the hire before the June draft. Dallas is likely to have a top-10 pick and holds a Thunder first-round pick, possibly at 29th or 30th. Due to previous moves made to strengthen the roster around Doncic, the Mavericks do not control their own first-round picks until after 2031.

Mavericks management also stated they will decide on a location for a new arena before July. The team plans to move out of the American Airlines Center after its lease expires in 2031.

Cuban told hosts Tom Lepert and Kyle Waldrep on the show that the "emotional investment" required as a majority owner was one reason he chose to sell the team.

“You can feel that passion,” Cuban said, “but imagine going through those emotional highs and lows every game, it's really tough.”

Cuban added that he doesn't want his children involved in Mavericks affairs.

“My kids are old enough to have their own ideas, they would want to work for the Mavericks,” Cuban said. “I don't want that for them. If fans dislike your actions or the team performs poorly, you're seen as the worst person in the world.”