Mark Cuban and his relationship with the Dallas Mavericks current ownership has taken another turn, with the former majority owner accusing the franchise of shutting him out of a major business opportunity tied to the teams proposed new arena development.Cuban alleges Mavericks governor Patrick Dumont has engaged in adversarial business practices relating to the clubs planned move from downtown Dallas to a new arena site roughly 10 miles north of the city, according to a report from The Dallas Morning News.The dispute centers around the Mavericks plans to build a new arena on approximately 104 acres in north Dallas, with the franchise expected to leave the American Airlines Center when its lease expires in 2031.In a legal filing, Cuban argues his companies were supposed to be involved in the development project.Cuban said his businesses were contractually entitled to participate in the move to the new site, which the filing describes as a unique investment opportunity, according to The Dallas Morning News.The filing is the latest chapter in the growing divide between Cuban and the franchise he sold in 2023 to the families of Miriam Adelson and Patrick Dumont. Although Cuban retained a 27 percent ownership stake, he has previously said he believed he would continue overseeing basketball operations after the sale.Instead, basketball decisions were handed to former general manager Nico Harrison. Cuban later revealed he was unaware of Harrisons plan to trade Luka Doncic to the Los Angeles Lakers in February 2025 until it was too late to stop the deal.Related Article: Rockets Open to Trading Kevin Durant: ReportThe blockbuster trade sparked heavy backlash across the league, and Harrison was eventually dismissed after the Mavericks slow start to the 2025-26 season.The Dallas Morning News also reported that the franchises ownership group has the option to purchase an additional 20 percent of Cubans remaining stake under the terms of the original sale agreement.Neither Cuban nor a Mavericks spokesperson commented on the latest allegations when contacted by The Associated Press.READ MORE: Lamar Odom Reaches Plea Deal That Avoids DUI Conviction
Read More
TakeSporty
Disclaimer: This story is auto-aggregated by a computer program and has not been created or edited by TakeSporty.
Publisher: basketball forever

Recent Articles

Get Updates on Current Happenings instantly

Get Updates on Current Happenings instantly