Mavericks Rumors

Southwest Notes: Mavs’ Sale, Pelicans, H. Jones, Spurs

Mark Cuban’s agreed-upon sale of a majority stake in the Mavericks has been in the works for quite some time, Marc Stein reports in a Substack post.

Cuban informed commissioner Adam Silver last season that he was pursuing the sale with Las Vegas Sands Corp. Cuban will retain control of the Mavericks’ basketball ops, even though he will no longer hold the majority stake if the Board of Governors approves the transaction.

The partnership hopes to build an arena and casino in Dallas if gambling is approved in the state. Cuban told Everton Bailey Jr. of the Dallas Morning News via email that the franchise would remain in Dallas, despite the incoming owners’ Las Vegas roots.

“I will say on the record the team is not moving anywhere,” Cuban wrote. “We are the DALLAS Mavs.”

We have more from the Southwest Division:

  • The Pelicans advanced to the in-season tournament semifinals on Monday by defeating Sacramento. ESPN’s Andrew Lopez provides details about a team meeting last month held following a five-game losing streak. Larry Nance Jr. called the meeting, which was described as productive. The players were receptive to constructive criticism. “It just felt a little that we could be better. And I thought we did a great job of addressing exactly what we needed to address and walking into the meeting with a clear direction and a path the meeting was supposed to take. And it took that,” Nance said.
  • Herbert Jones displayed his defensive chops against the Kings’ De’Aaron Fox on Monday, hounding the star guard into a 10-for-25 shooting performance and six turnovers. Jones, who is signed through the 2026/27 season after becoming a restricted free agent earlier this year, also supplied 23 points, Christian Clark of the New Orleans Times-Picayune notes. “Herb was everywhere,” Pelicans coach Willie Green said. “He was flying around. He was blocking shots. He was getting steals, rebounding the ball. We needed that effort across the ball. This was a big-time win.”
  • The addition of Victor Wembanyama hasn’t resolved the Spurs’ defensive issues. Losers of 14 straight, they’re giving up an average of 123.9 points per game and the coaching staff is emphasizing the fundamentals to the young squad. “Now we are starting from it seems like square one, as basic as it gets about where to be in help side, how to guard the ball, taking away the basket first and forcing them to kick out to tougher shots,” guard Tre Jones told Jeff McDonald of the San Antonio Express-News. “It seems like so many basic things, but some people have never been taught it.”

Mavericks Notes: Exum, Doncic, Lively, Kleber, Green

Dante Exum credits pre-draft advice he received from Kobe Bryant for helping him withstand the many challenges of his career, writes Mark Medina of Sportskeeda. Exum’s NBA path was derailed by numerous injuries and he spent two seasons playing in Europe before signing with the Mavericks this summer.

“There will be a lot of distractions off the court,” Exum said Bryant told him. “It’s about how you handle those and focus on the court. That’s what’s going to define my career.”

The Australian guard was projected to be a star when Utah selected him with the fifth pick in the 2014 draft. However, his second season was wiped out completely by a torn ACL, and after appearing in 66 games in his third year, he hasn’t been available for more than 42 in a season since then. He had brief stops in Cleveland and Houston, and it appeared his NBA career might be over when he left the league after the 2020/21 season. But Exum reestablished himself in Spain and Serbia and got another chance with Dallas.

“Definitely through the injuries, I stayed motivated to stay that way,” Exum said, referring to Bryant’s advice. “A lot of days were hard. I didn’t want to be there [for rehab]. I felt like life was unfair. But it’s something I have to go through and something that I have to keep pushing through. It made me mentally strong.”

There’s more on the Mavericks:

  • Luka Doncic admitted to being exhausted after Saturday’s game, and it wasn’t just because he played 46 minutes and put up incredible numbers with 36 points, 15 rebounds and 18 assists, per Tim MacMahon of ESPN. Doncic became a father for the first time this week and only got four or five hours of sleep before the game. The team considered giving him a night off, but he insisted on playing because Kyrie Irving, Tim Hardaway Jr. and several other rotation players were already out of action. “It was the happiest day of my life with the baby, but then today’s game was a big roller coaster too,” said Doncic, who led a comeback that included a 30-0 run but fell short. “I’m so sad we didn’t win this game, but man, we gave a big, big effort.”
  • Rookie center Dereck Lively II has been a major reason for the Mavericks’ early-season success, notes John Hollinger of The Athletic. Coaches have been urging Lively to take a larger role in the offense, Hollinger adds, and he responded by making all nine of his shots from the field Saturday, scoring 20 points to go with 16 rebounds and seven blocks.
  • Maxi Kleber‘s absence with a dislocated toe appears as though it will last for a while longer, as coach Jason Kidd tells Brad Townsend of The Dallas Morning News that Kleber still hasn’t been cleared to start running (Twitter link). Kidd also expressed concern that Josh Green‘s elbow injury could be a long-term concern.

Mavericks Notes: Cuban, Adelson, Kidd, Doncic, Exum

Mark Cuban reportedly has no plans to exit the basketball side of business despite selling a majority stake of the Mavericks to the Adelson family. Appearing on the Brian Windhorst podcast, ESPN’s Tim MacMahon pointed out that the deal is a big win for Cuban, who gets to both cash in on the franchise and maintain some say in basketball operations.

I don’t know exactly what the language is in the purchase agreement, but one thing I have been told, and the exact word I heard is Cuban will have basketball operations for, quote, ‘forevermore,’” MacMahon said (hat tip to RealGM). “I assume that is agreed to in writing.

It was reported Tuesday that the Adelson family is in the process of buying a major share in the franchise. Cuban is selling the majority stake to billionaire Miriam Adelson – widow of late businessman Sheldon Adelson – and the Adelson family for a valuation in the range of $3.5 billion. Cuban bought the Mavericks for $285MM in 2000.

We have more from the Mavericks:

  • Miriam Adelson is one of the richest women in the world and is adding Mavericks owner to a résumé that includes casino mogul, GOP power broker and United States and Israel newspaper owner, as explored by AP’s Ken Ritter. Adelson is selling $2 billion in stock of casino company Las Vegas Sands Corp., but will still be a majority shareholder. The $3.5 billion purchase of the Mavericks would make Adelson one of just a handful of female U.S. professional sports franchise owners. According to Ritter, her net worth of $32 billion makes her the fifth-richest woman in the U.S. and the 35th-richest billionaire in the world. Adelson has spoken highly of Cuban in the past. “A good person with good values, though he is totally opposite of us in his political views,” Adelson said.
  • Mavericks head coach Jason Kidd took issue with the tone of questions he received from reporters following Dallas’s Tuesday game against the Rockets (Twitter link via HoopsHype). “People will read your positive s–t,” Kidd said. “You don’t always have to be negative, right? Like the world’s already negative enough. So let’s see some positive stuff on some positive people that are playing, doing their job on a nightly basis.
  • Luka Doncic is missing his first game of the season for the birth of his daughter, Gabriela, who was announced to the world on Friday, according to The Dallas Morning News. Doncic is being designated as out for personal reasons for Friday’s game against the Grizzlies. Guard Dante Exum is also out for personal reasons for that matchup.

Latest On Potential Mavericks Sale

Sands Corp. president and chief operating officer Patrick Dumont, son-in-law of Miriam Adelson, will be the family’s “foremost member” if their purchase of the Mavericks is approved by the NBA, Marc Stein writes in his latest Substack column.

It’s still not fully clear how much power Mark Cuban will have once he becomes a minority owner, even though it was reported Tuesday that he will continue to run the team’s basketball operations. Stein notes that it’s an unprecedented arrangement, and the Adelson family may want some say in personnel moves once they’re writing the checks.

Stein points out that Cuban has already ceded some decision-making to Nico Harrison, who was hired as general manager in 2021, and CEO Cynthia Marshall, who has been handling business matters since 2018. Even so, Stein found it shocking that Cuban opted to sell the team, considering that he sits near the bench at most games, maintains a visible role in the war room on draft nights, and remains involved in most personnel decisions.

League sources tell Stein that Cuban plans to be “a very active partner” to the Adelsons on basketball matters while letting the family deal with television revenues, real estate ventures and similar issues.

There’s more from Dallas:

  • The Adelson family agreed to purchase the Mavericks with an eye toward legalizing casino gambling in Texas, according to an editorial from The Dallas Morning News. Casino magnate Sheldon Adelson, who has since died, focused on Texas two years ago as the primary spot for expansion, the editorial states. Lobbying money from the Adelson family and other gambling interests has poured into the state, helping to soften any opposition. Cuban is perfect as a “primary stakeholder,” the paper adds, because he has been an advocate for building a casino in downtown Dallas.
  • The Adelson and Dumont families have issued a statement regarding their purchase of the Mavericks, tweets Tim MacMahon of ESPN. “Through our commitment and additional investment in the team, we look forward to partnering with Mark Cuban to build on the team’s success and legacy in Dallas and beyond,” it reads in part. “The goal is to win and to have a team that proudly represents the greater DFW (Dallas-Fort Worth) area and serves as a strong and valuable member of the local community.” The families are hoping to close the sale by the end of December.
  • Last year, Cuban cited the Sands Corp. as his ideal partner for a casino and resort destination, per Tim Cato of The Athletic, who notes that the Mavericks can’t leave their current home at the American Airlines Center until their lease expires in 2031.

Eastern Rumors: Nets, Quickley, Hawks, Hayward, Martin

Executives around the NBA continue to monitor Nets forwards Dorian Finney-Smith and Royce O’Neale, who were considered trade candidates during the offseason, writes Michael Scotto of HoopsHype.

Rival executives believe Brooklyn will seek the equivalent of two first-round picks for Finney-Smith, though they hope that cost will drop closer to the deadline, according to Scotto, who adds that some execs who spoke to HoopsHype think the Nets would want a protected first-round pick for O’Neale. Finney-Smith still has multiple years left on his contract, while O’Neale is on an expiring deal.

Teams are also eyeing Nic Claxton and are curious to see whether Brooklyn is willing to roll the dice on re-signing him as an unrestricted free agent next summer, since he won’t become extension-eligible before then. For now, the Nets view Claxton as part of their core and wouldn’t be inclined to move him unless they get an offer that blows them away, Scotto explains.

Finally, some NBA executives think that veteran guard Spencer Dinwiddie might be available on the trade market later this season — and they think he’d have some value. “Dinwiddie can help a team and make big shots,” one exec told Scotto.

Scotto has more trade rumors and notes from around the Eastern Conference. Let’s dive in…

  • Rival teams are keeping an eye on whether or not the Knicks will make Immanuel Quickley available, according to Scotto, who says the guard was seeking about $25MM per year on a rookie scale extension before the season, while New York offered approximately $18MM annually. “I think Quickley might be New York’s best trade asset besides Jalen Brunson,” one league executive told HoopsHype.
  • The Hawks still have some trade interest in Raptors forward Pascal Siakam, says Scotto. De’Andre Hunter and Clint Capela were mentioned during the offseason as possible trade candidates for Atlanta and Scotto believes one or both players could be available again before February’s deadline. However, the Mavericks‘ interest in Capela has diminished due to the strong play of rookie Dereck Lively, Scotto notes.
  • Multiple “playoff-caliber” teams have been in touch with the Hornets to gauge the potential availability of veteran forward Gordon Hayward, per Scotto.
  • Scotto also reports that teams have expressed some exploratory interest in Sixers wing KJ Martin, who was part of the James Harden blockbuster earlier this month. Martin has played a limited role in Philadelphia but is coming off a solid year in Houston.

Schedule For NBA Tournament Non-Qualifiers Set

The NBA in-season tournament will reach the quarterfinal stage next week and the eight qualifiers and their seeds were finalized on Tuesday. The 22 teams that failed to advance had two holes in their schedules that needed to be filled.

Those matchups were determined late Tuesday evening, with each team receiving a home and away contest, NBA Communications tweets. The newly-scheduled games will take place next Wednesday (December 6) and Friday (Dec. 8).

The Cavaliers and Magic, who missed the quarterfinals despite their 3-1 tournament records, will face each other in Cleveland on Wednesday. Cleveland will then visit the Heat (2-2 tournament) on Friday.

The Nets, who also had a 3-1 tournament record, wound up with a road game against the Hawks (1-3) and home game against the Wizards (0-4)

The Sixers, who finished 2-2 in the tournament, drew a road game against the Wizards and a home game against the Hawks.

In the West, the Timberwolves were the only 3-1 tournament team that didn’t reach the quarterfinals. They’ll host the Spurs (0-4) and visit the Grizzlies (0-4).

The defending champion Nuggets will visit Los Angeles to face the Clippers (1-3), then head home to take on the Rockets (2-2). The Warriors, who were knocked out of contention by Sacramento on Tuesday, drew a home game against the Trail Blazers (1-3) and a road contest against the Thunder (1-3).

Here’s the full schedule for next Wednesday and Friday:

Wednesday, Dec. 6

  • Orlando at Cleveland
  • Memphis at Detroit
  • Miami at Toronto
  • Philadelphia at Washington
  • Brooklyn at Atlanta
  • San Antonio at Minnesota
  • Charlotte at Chicago
  • Oklahoma City at Houston
  • Utah at Dallas
  • Portland at Golden State
  • Denver at LA Clippers

Friday, Dec. 8

  • Toronto at Charlotte
  • Detroit at Orlando
  • Atlanta at Philadelphia
  • Washington at Brooklyn
  • Cleveland at Miami
  • Minnesota at Memphis
  • Golden State at Oklahoma City
  • Chicago at San Antonio
  • Houston at Denver
  • LA Clippers at Utah
  • Dallas at Portland

Two more regular season games will be added to the NBA’s schedule after the quarterfinals of the in-season tournament are complete, since the four teams that lose those matchups will require an 82nd game on their respective schedules.

Mark Cuban To Sell Majority Stake Of Mavs, Retain Control Of Basketball Ops

Mark Cuban is selling a majority stake of the Mavericks franchise but in an unusual arrangement, he’ll retain full control of basketball operations.

The casino tycoon Adelson family is in the process of buying a major share in the franchise, according to Marc Stein (Twitter link). Cuban is selling the majority stake to billionaire Miriam Adelson – widow of late businessman Sheldon Adelson – and the Adelson family for a valuation in the range of $3.5 billion, according to Shams Charania of The Athletic (Twitter link). Cuban bought the Mavericks for $285MM in 2000.

In an SEC filing, Sheldon Adelson’s family said it is selling $1.9 billion in Las Vegas Sands stock to buy a “majority interest in a professional sports franchise.” It also stated that a deal is in place, pending league approval, Eben-Novy Williams of Sportico tweets. The sale of the Mavs would have to be approved by the league’s Board of Governors.

Earlier this year, Mat Ishbia and his group paid $2.28 billion for a 57% stake of the Suns. That’s the equivalent of a $4 billion valuation.

Cuban and the Las Vegas Sands Corporation had already planned to form a partnership to build an arena and casino in the Dallas area if gambling is legalized in Texas, Brad Townsend of the Dallas Morning News notes.

“My goal, and we’d partner with Las Vegas Sands, is when we build a new arena it’ll be in the middle of a resort and casino,” Cuban said last year. “That’s the mission.”

Cuban, 65, is one of the most recognizable owners in any professional sport. He’s got a variety of business ventures and is the star of the TV show “Shark Tank,” though word broke on Monday that he’ll be leaving the ABC show next year.

Injury Notes: McCollum, Markkanen, Luka, Nuggets, Williams

Pelicans guard CJ McCollum has been ruled out of Monday’s contest in Utah, which will be his 12th consecutive missed game. However, the 32-year-old veteran is aiming to return to action later this week, according to Shams Charania of The Athletic, who reports (via Twitter) that McCollum could play either Wednesday against Philadelphia or Friday vs. San Antonio.

McCollum, who has been out since Nov. 4 with a collapsed lung, is averaging 21.7 PPG, 5.7 APG, 4.8 RPG and 1.5 SPG on .440/.380/.742 shooting through six games this season. He was a full practice participant last week.

Another marquee player will be also sidelined for the matchup between the Pelicans and Jazz. Lauri Markkanen has been ruled out for the second straight game, tweets Andy Larsen of The Salt Lake Tribune.

As Larsen observes (via Twitter), Markkanen was previously listed as having a sore left hamstring, but the injury is now classified as a strain — it’s possible the All-Star forward may have undergone some imaging to confirm the diagnosis. On a more positive note, Jordan Clarkson will return tonight after missing the previous game due to an illness.

Here are some more injury notes from around the NBA:

  • The Mavericks received good news on Monday, as the left thumb injury that Luka Doncic sustained on Saturday isn’t serious. After undergoing an MRI, Doncic was diagnosed with a low-grade sprain and he will be available for Tuesday’s matchup with Houston, though he did wear a wrap on his thumb during Monday’s practice, writes Brad Townsend of The Dallas Morning News (subscriber link). Rookie center Dereck Lively practiced as well, but he’s questionable with a lower back contusion, Townsend adds.
  • Nuggets forward Aaron Gordon will miss his second straight game on Monday due to a right heel strain, while reigning Finals MVP Nikola Jokic is questionable due to lower back pain, tweets Vinny Benedetto of The Denver Gazette. As we previously relayed, Jamal Murray is out tonight, but he could return later this week.
  • Thunder wing Jalen Williams is available for Tuesday’s matchup vs. the Wolves, according to Rylan Stiles of Locked on Thunder (Twitter link). Last season’s runner-up for Rookie of the Year has missed three consecutive games with a left hip strain.

Texas Notes: Holmes, Mavs, Rockets, Sochan

Mavericks reserve center Richaun Holmes, playing over Dwight Powell with rookie starter Dereck Lively II hurt, made an impact in his first real rotation minutes this year, writes Brad Townsend of The Dallas Morning News. Lively is dealing with a lower back contusion.

Across 23 minutes in a 104-101 win over the Lakers, Holmes notched 10 rebounds, four points and a block. The 6’10” big man had suited up for a total of 30 minutes across the last five games he had played for Dallas.

“I’m prepared to do whatever the team needs,” Holmes said. “Hopefully Dereck gets back quick. He’s young. It feels like he’s already bouncing around after a hard fall like that, like he’s feeling pretty good… So hopefully he doesn’t miss too much time, but whatever the team needs, I’ll be ready.”

Holmes, 30, currently has two years and $24.9MM remaining on his current contract. He holds a player option for next season.

There’s more out of the Lone Star State:

  • The Mavericks’ 107-88 blowout loss to the Clippers last night serves as further evidence that the club needs more out of its non-All-Star players, Townsend writes in another piece. Luka Doncic and Kyrie Irving were the only Dallas players who connected on their field goal tries until 19 minutes into the game. John Hollinger of The Athletic tweets another damning stat about the Mavs’ supporting cast Saturday, noting that, prior to head coach Jason Kidd putting in subs with the game out of hand in the fourth quarter, only two Mavericks buckets were not scored or assisted by the club’s backcourt stars.
  • The 8-6 Rockets have enjoyed an ascendant start to their 2023/24 season, and it all started on the defensive side of the floor. Jonathan Feigen of The Houston Chronicle details how Houston has developed the league’s top-ranked defense so far this year. A big hallmark of the Rockets’ approach is avoiding help defense except in the case of major mismatches, and being open to switching everywhere.
  • Spurs head coach Gregg Popovich has seen strides in Jeremy Sochan‘s development as a play-maker after shifting him to a full-time point guard role this season, writes Tom Orsborn of The San Antonio Express-News. “He’s got to embrace it, and I think he was a little nervous about it … because it was so new to him,” Popovich said. “And I don’t think he understood, or maybe I didn’t do a good enough job of relaying to him, all the responsibilities therein.” As a rookie out of Baylor in 2022/23, the 6’9″ Sochan had served as San Antonio’s starting power forward.

Luka Doncic Having Left Thumb Injury Evaluated

Mavericks guard Luka Doncic banged his left thumb on James Harden‘s knee early in Saturday’s loss to the Clippers (video link) and underwent X-rays at halftime, according to reports from Ohm Youngmisuk of ESPN and Brad Townsend of The Dallas Morning News.

Doncic ultimately remained in the game and logged 38 minutes, indicating in his postgame media session that the X-rays were negative. However, he’ll undergo further evaluation on Sunday when the team returns home.

“I don’t think it’s broken,” Doncic said. “The X-rays didn’t indicate that it’s broken, but we’ll see further tomorrow in Dallas.”

The fact that Doncic continued playing for an entire game after injuring his thumb and performed reasonably well by his standards (30 points on 12-of-27 shooting) is a positive sign. And for what it’s worth, a source tells Youngmisuk that Doncic’s hand is “good.”

Still, even if Sunday’s tests show no significant damage to his thumb or hand, the Dallas star will likely have to deal with some pain for a while, which could impact his effectiveness.

After a hot start that saw them win eight of their first 10 games, the Mavs have been up and down as of late, losing four of their last six.