- The Mavericks franchise is even more valuable than previously reported. With Mark Cuban selling the majority share of the franchise to Las Vegas Sands Corp., the valuation is expected to be approximately $4 billion, according to Marc Stein (Twitter link). The valuation was previously said to be in the $3.5 billion range. A Board of Governors vote on the proposed sale is reportedly scheduled to take place on Dec. 2o.
A vote on the proposed sale of the Mavericks to the Adelson and Dumont families will take place next week, writes Brad Townsend of The Dallas Morning News. A source familiar with the sale informs Townsend that commissioner Adam Silver has notified the 30 members of the league’s Board of Governors that the vote will be taken at a December 20 meeting.
Townsend’s source also says there will be only two parties remaining as shareholders once the sale is finalized. The Adelsons and Dumonts will serve as majority owners, with Mark Cuban holding a “sizeable stake” as the minority owner.
That means the five current minority owners have decided to cash out, Townsend explains. That list includes two previous majority owners, Ross Perot Jr. and the family of franchise co-founder Donald Carter.
Scheduling the vote indicates that the league has already finished vetting the new ownership group, which is led by Sands Corp. majority shareholder Miriam Adelson and her son-in-law, Patrick Dumont, who is president of the Sands Corp., Townsend adds.
The new owners are expected to be approved by a comfortable margin, according to Townsend. He notes that Adelson and Dumont have an estimated worth of about $33 billion, which would rank them among the wealthiest owners in U.S. professional sports, trailing only Clippers owner Steve Ballmer and the Walton family, which owns the NFL’s Denver Broncos.
The Adelson-Dumont family will need support from at least three-fourths of the Board of Governors for the sale to be approved.
Amen Thompson, the fourth pick of the draft, will return to action on Monday. He’s no longer listed on the Rockets’ injury report.
Thompson will jump right back into the rotation when his team faces San Antonio, Jonathan Feigen of the Houston Chronicle reports. He’s been out since Nov. 1 due to a right ankle sprain.
“The plan is to incorporate him back into the lineup,” head coach Ime Udoka said. “Obviously, we have guys playing well, so we have to find minutes and opportunity there, and we’ll tweak our rotation some once we get him in with certain groups.”
We have more injury-related news with 13 games on Monday’s schedule:
- Timberwolves star Anthony Edwards is listed as questionable against New Orleans due to a right hip pointer. Forward Jaden McDaniels (right ankle sprain), who hasn’t played since Nov. 20, is also listed as questionable, the team’s PR department tweets.
- Hawks forward De’Andre Hunter (right quad tendon soreness) is listed as questionable against Denver, Lauren Williams of the Atlanta Journal Constitution tweets. He played 37 minutes against Philadelphia on Friday.
- Kyrie Irving (right heel contusion) and Josh Green (right elbow sprain) are among the Mavericks players listed as out for their game against Memphis, Damichael Cole of the Memphis Commercial Appeal tweets.
- The Jazz will be missing two key frontcourt players when they face Oklahoma City. Forward Lauri Markkanen (left hamstring strain) and center Walker Kessler (right foot soreness) won’t play, Joel Lorenzi of The Oklahoman tweets.
- The Suns’ Nassir Little has an orbital fracture and is in the NBA’s concussion protocol, Gerald Bourguet of PHNX Sports tweets. Phoenix hosts Golden State on Tuesday.
5:15 pm: The Mavericks confirmed (via Twitter) that Irving has a right heel contusion and has returned to Dallas for treatment. No timetable has been set for him to resume playing.
5:04 pm: Mavericks guard Kyrie Irving suffered a heel contusion in Friday’s night game at Portland, tweets Shams Charania of The Athletic. He’s beginning treatment for the injury, and there’s no word on how long he might be sidelined.
According to an ESPN report, Irving was injured on a drive to the basket late in the first half. He fell to the floor after contact, and teammate Dwight Powell landed on him while chasing a loose ball.
Irving stayed on the court for several minutes, but was able to shoot two free throws before leaving the game. The team later announced that he wouldn’t return.
Mavericks officials are relieved that an MRI taken today showed that Irving’s injury is “just a bruise,” according to Tim MacMahon of ESPN (Twitter link). He adds that Irving has been dealing with soreness in his foot since the start of the season.
Irving didn’t travel with the team for Monday’s game at Memphis, a source tells Marc Stein (Twitter link). The team hasn’t made an official announcement about Irving’s status, but he’s expected to miss at least that game.
Irving has been an important component to the early-season success for Dallas, which is third in the West at 13-8. Through 17 games, he is averaging 23.0 points, 3.9 rebounds and 5.2 assists while shooting 47.1% from the field and 38.4% from three-point range.
“One of the biggest things with our team is our next man up mentality,” Exum told Eddie Sefko of Mavs.com. “You see that right now with me as an example. We have (a lot of players) down. And the guys have been able to step up. Hopefully, he (Irving) is not out for too long, but we have a deep roster that’s willing and ready to step up.”
Mavericks guard Kyrie Irving suffered a right foot injury on Friday when teammate Dwight Powell landed on him. Coach Jason Kidd said he’ll know more on Saturday about the extent of the injury, according to ESPN.
Kristaps Porzingis blames immaturity and a personality conflict with Luka Doncic for the failure of their time together with the Mavericks, writes Brad Townsend of The Dallas Morning News. The Celtics big man made the comments during an appearance on The Old Man and the Three podcast (video link), hosted by J.J. Redick, who was also with the Mavs for part of that time.
Dallas acquired Porzingis in January 2019 after he asked the Knicks for a trade, but he never meshed with Doncic. He played 134 games in his three years with Dallas before being shipped to Washington at the 2022 trade deadline. Porzingis regrets that the experience didn’t work out better.
“It’s a mix of many things. Maturity, for sure. I’m talking about what I could have done better. It’s many things, majority on my part for sure,” he said. “And then I wasn’t that much into analytics and numbers. If somebody I think at that stage of my career presented it to me the right way and said, ‘This is what we need to do, this is what we need from you, you’re going to be way more effective doing this,’ like kind of explaining it to me better, I think that would have made a difference a little bit.”
There’s more from the Southwest Division:
- The Spurs‘ game at Minnesota tonight gave them an up-close look at a team they may want to emulate in the rebuilding process, notes Tom Orsborn of The San Antonio Express-News. The Timberwolves were patient in amassing young talent, and they seem ready to compete with the NBA’s elite teams after a 16-4 start. “You have definitely seen them rebuild by starting over and getting a bunch of young guys together and getting them playing on the same page, and now they are the No. 1 seed and winning a lot,” Tre Jones said. “Memphis was the same way for the past couple of years. They have injuries and a lot of guys out right now, but they were at the bottom of the league and then got a couple of draft picks and got some new guys in there and they started winning a lot.”
- After spending the majority of his rookie season in the G League, Vince Williams Jr. is now taking on most of the Grizzlies‘ toughest defensive assignments, notes Damichael Cole of The Memphis Commercial Appeal. Williams is hoping to become Memphis’ version of Patrick Beverley, changing games with big plays on defense. “He’s locking up,” Jaren Jackson Jr. said. “He’s being that guy we need to guard the best wings in the game right now. He’s an irritant, and he’s still scoring the ball.”
- If the Pelicans win the in-season tournament, Jose Alvarado doesn’t plan to spend a penny of the $500K cash prize, according to Marc J. Spears of Andscape. Alvarado has already decided it will go into a savings account for his three young daughters.
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.”
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.
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.
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.