Mark Cuban admits he made a mistake letting go of the Mavericks: ‘I don’t regret selling. I regret who I sold to’

Mark Cuban built his nearly $10 billion fortune on bold bets. 

The former Shark Tank star and founder of Cost Plus Drugs bought the Dallas Mavericks in January 2000 for $285 million from H. Ross Perot Jr. and held onto the team for more than two decades. Cuban was largely involved with the team, and becoming an NBA owner seemed like one of the smartest moves of his career.

But in 2023, Cuban decided it was time to offload his majority stake in the Mavericks for $3.5 billion. The billionaire sold his majority stake to the family of Miriam Adelson, the controlling shareholder of Las Vegas Sands Corp. (The deal included Adelson’s son-in-law, Patrick Dumont). Adelson is the widow of casino magnate Sheldon Adelson and is a physician, philanthropist, and major GOP donor. The family is worth an estimated $40 billion.

While he raked in some major cash as part of the sale, Cuban, an open Kamala Harris supporter in the 2024 election, is now saying he has second thoughts about how it all went down.

“I don’t regret selling,” Cuban said on a recent episode of the Intersections podcast. “I regret who I sold to. I made a lot of mistakes in the process, and I’ll leave it at that.”

It’s a major reversal from Cuban, who told reporters after closing the deal in December 2023 that “nothing’s really........

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