Patrick Dumont Rumors | Hoops Rumors

Southwest Notes: Cuban, Brooks, J. Green, Pelicans

December 27th, 2023 at 11:02pm CST by Arthur Hill

Mark Cuban has clarified his role once the Mavericks‘ sale is finalized, confirming that he will continue to handle most of the team’s personnel decisions, writes Tim MacMahon of ESPN. Cuban spoke with reporters tonight after he finished a pre-game shooting session at American Airlines Arena and said he looks forward to working with the Adelson and Dumont families, who will soon have the controlling stake in the team.

“Nothing’s really changed except my bank account,” Cuban said. “I feel really good. I think it’s a great partnership. It’s what the team needed on the court and off. I’ll still be overseeing the basketball side of it, but having a partner like Patrick and Sivan (Dumont) and Miriam (Adelson) and their ability to build and to redevelop the arena and whatever comes next beyond that just puts us in a much better position to compete. That’s all. That’s what it comes down to.”

Cuban confirmed that there’s “no contractual language” in the purchase agreement that outlines his authority, but he has an understanding with the new owners about what he’ll do. He will keep a 27% stake as the Mavericks’ sole minority owner, but admitted that Patrick Dumont, who will serve as the team’s governor, will have “final say” on every decision.

Cuban expects the new owners to focus mainly on business interests, including a long-term plan to build an arena with a resort hotel and casino. He added that the new facility will be located somewhere within the city of Dallas.

There’s more from the Southwest Division:

Rockets forward Dillon Brooks sat out tonight’s game with a strained oblique he suffered Tuesday and the team doesn’t have a timetable for him to return, per Jonathan Feigen of The Houston Chronicle. Jae’Sean Tate took Brooks’ place in the starting lineup, Feigen adds, while rookies Amen Thompson and Cam Whitmore both got minutes in the first quarter.
After Tuesday’s game, Rockets coach Ime Udoka told reporters that he has “not thought about” moving guard Jalen Green to the bench, according to Michael Shapiro of The Houston Chronicle. Green has struggled in his first season under Udoka, averaging 16.7 PPG while shooting career worsts from the field (39.4%) and three-point range (31.9%). “Obviously, with [Green] playing that way, if he was playing the other way we obviously wouldn’t struggle as much offensively and have to lean on other guys as much or play other guys minutes,” Udoka said. “We’ll continue to keep him confident, continue to [help] him improve in certain areas, and he’ll take a jump eventually.”
The Pelicans announced the renewal of naming rights this week for Smoothie King Center, relays Rod Walker of NOLA.com. A statement from the team said the name will remain in place “for the foreseeable future.”

Southwest Notes: Morant, Smart, Cuban, Rockets, More

December 19th, 2023 at 2:50pm CST by Luke Adams

With Ja Morant poised to return from his 25-game suspension on Tuesday night vs. New Orleans, the Grizzlies‘ season is on the brink, as Morant’s absence and a plethora of injuries have created what Derrick Rose referred to as a “quagmire situation,” according to Baxter Holmes and Tim MacMahon of ESPN. As Holmes and MacMahon detail, “frustration has simmered” within the organization about the direction of the season, which has opened with 19 losses in 25 games.

But Morant’s teammates were all smiles on Monday as they discussed the point guard’s impending return, per Damichael Cole of The Memphis Commercial Appeal. The club’s top two scorers this season, Desmond Bane and Jaren Jackson Jr., have faced a level of defensive attention they’re not accustomed to, and they’re looking forward to sharing the court with a player like Morant, who will be able to divert much of that attention.

“(Morant) is going to have to deal with that,” Jackson said. “He’s going to have to turn left and turn right and see three dudes so that I can do what I do. He’s an All-NBA, Hall of Fame-type player, so you’re going to have to pay attention and if you do that, we’re going to punish you.”

Although Morant hasn’t suited up for the Grizzlies since April, the club has been ramping up his workload in practice and doesn’t anticipate imposing any real limitations on his playing time in his return, Cole notes.

“He’s going to play pretty significant minutes,” head coach Taylor Jenkins said. “… I won’t anticipate going crazy with his minutes, but I don’t think it’s any kind of restriction.”

Here’s more from around the Southwest:

Grizzlies guard Marcus Smart, who hasn’t played since November 14 due to a left foot sprain, is getting very close to returning to action, Cole writes in another Commercial Appeal story. “Marcus is really close,” Jenkins said. “… Somewhere in that Indiana (Thursday) and Atlanta (Saturday) time frame, we’re hopeful that he’ll be back in the lineup then.”
Following up on the Mavericks‘ sale ahead of the Board of Governors vote, Marc Stein says on Substack that Mark Cuban will retain a 27% stake in the franchise. Stein indicates that the new owners – the Miriam Adelson/Patrick Dumont group – will therefore have a 73% controlling interest, but there have been conflicting reports on whether every single one of the minority stakeholders are being bought out.
The Rockets‘ closing lineup has been far less predictable than its starting group, according to Jonathan Feigen of The Houston Chronicle (subscription required), who examines head coach Ime Udoka‘s tendency to go with the hot hands down the stretch of games. “That’s what I believe in,” Udoka said. “I pretty much said that the day I was hired. Minutes and roles are not going to be handed out. The guys that are playing well and units that are playing well are going to get those minutes. I think everybody knows that across the board.”
William Guillory of The Athletic takes a look at the similarities between Pelicans forward Zion Williamson and Spurs big man Victor Wembanyama, two No. 1 picks who were expected to be saviors for their respective Southwest clubs as soon as they entered the NBA, exploring how they’ve dealt with those expectations.

Vote On Mavericks Sale Reportedly Set For December 20

December 11th, 2023 at 8:57am CST by Arthur Hill

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.

Latest On Potential Mavericks Sale

November 29th, 2023 at 7:32pm CST by Arthur Hill

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.