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Mark Cuban To Control Mavs’ Basketball Operations ‘Forevermore’

Despite agreeing to sell a majority stake in the Dallas Mavericks to the Adelson family, Mark Cuban reportedly has no plans to exit the basketball side of the business in what is an unprecedented ownership maneuver.

“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,” said ESPN’s Tim MacMahon on the Brian Windhorst podcast.

“I assume that is agreed to in writing.”

Cuban, 65, has increasingly shifted his attention away from the business side of the Mavericks in recent years while remaining involved in basketball operations. However, Cuban has even taken a lesser role in basketball operations since hiring Nico Harrison to replace Donnie Nelson.

For the Adelsons, they appear to be more focused on their aspirations of building an arena and hotel in downtown Dallas while lobbying to change Texas state laws to permit gambling.

MacMahon also suggested that the decline of regional sports networks and how that will impact the revenue of sports teams played a role in Cuban’s timing to sell a majority stake.

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Cleveland Cavaliers vs Indiana Pacers
Type: Total - Status: OPEN
Under - 1H-105
Over - 1H-115
Oklahoma City Thunder vs Denver Nuggets
Type: Total - Status: OPEN
Under-105
Over-115
Boston Celtics vs New York Knicks
Type: Total - Status: OPEN
Under-110
Over-110
Minnesota Timberwolves vs Golden State Warriors
Type: Moneyline - Status: OPEN
Minnesota Timberwolves-675
Golden State Warriors+460

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Tom Thibodeau and the New York Knicks have agreed to a three-year contract extension that runs through the 27-28 season. The Knicks hired Thibodeau as head coach in 2020 and they have made the playoffs in three of his four seasons. The Knicks have reached the Eastern Conference Semifinals in each of the past two seasons.

Previous reports had indicated that Thibodeau would likely sign an extension worth more than $10 million per season, though the initial reporting didn’t specify a number.

Thibodeau has a career record of 527-398.

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