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NBA·November 3, 2026 03:52 PM ET

Patrick and Sivan Dumont secure controlling 69% stake in Mavericks

Purchase of Miriam Adelson's shares closed last month.

Wire Report IntelligenceUpdated 33m1 min read
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What happened: Sivan and Patrick Dumont purchased Miriam Adelson's shares of the Dallas Mavericks last month, per Tim MacMahon. The transaction gives the Dumont family a controlling 69% stake in the franchise.

Why it matters: The buyout consolidates primary governing authority under the Dumonts, moving franchise leadership fully under their direct control. The shift solidifies executive oversight as the organization navigates long-term operational and arena initiatives.

What to watch: Patrick Dumont continues in the governor role with majority control over upcoming team operations.

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