Dallas Mavericks

Mark Cuban, through Harbinger Sports Partners, has acquired a minority stake in the Las Vegas Athletics, marking his first ownership in Major League Baseball. His approach, dubbed 'Sports 2.0,' focuses on treating sports franchises as entertainment brands with diverse revenue streams, similar to his transformative strategy with the Dallas Mavericks.

Zaccharie Risacher, the 2024 NBA Draft's first overall pick, was traded by the Atlanta Hawks to the Dallas Mavericks after two seasons of declining performance. Atlanta received guard Lu Dort from the Oklahoma City Thunder in the deal, marking an early end to Risacher's underwhelming tenure with the team.

Mark Cuban advocates for giving all employees stock to reduce wealth inequality, suggesting tax incentives for companies that adopt this practice. He highlights the growing income gap between executives and workers, citing data showing significant disparities in pay raises.

Mark Cuban accuses Dallas Mavericks governor Patrick Dumont of excluding him from business opportunities related to a proposed arena move. Cuban claims Dumont, along with Miriam Adelson's family, has engaged in adversarial practices since Cuban sold his majority stake in 2023. The filing reveals Cuban was unaware of a trade involving Luka Doncic to the Los Angeles Lakers until it was finalized, leading to the firing of former general manager Nico Harrison.

Mark Cuban accuses Dallas Mavericks owner Patrick Dumont of excluding him from business opportunities related to a proposed arena move. Cuban claims Dumont engaged in adversarial practices, including a failed trade of Luka Doncic to the Los Angeles Lakers. The Mavericks are planning to build a new arena in north Dallas, with a lease expiration at American Airlines Center in 2031.

Khris Middleton is traded back to the Washington Wizards via a sign-and-trade deal with the Dallas Mavericks, involving a three-year contract worth up to $17.6 million. The agreement is part of a larger six-team, 11-player trade that includes D'Angelo Russell, Caris LeVert, Taurean Prince, Gary Harris, and John Collins.

Voyager investors have appealed the dismissal of their claims against Mark Cuban and the Dallas Mavericks to the Eleventh Circuit. The case involves allegations related to the Voyager crypto platform.

The Dallas Mavericks are finalizing a deal to hire Dusty May, the national champion coach from Michigan, to replace Jason Kidd. May led Michigan to its first NCAA championship since 1989 and previously coached Florida Atlantic to a Final Four appearance. He will now transition to the NBA with a roster featuring 2025 No. 1 draft pick Cooper Flagg and veteran Kyrie Irving.

Dallas city leaders warn that the departure of major downtown entities like the Mavericks, Stars, and Neiman Marcus could harm Southern Dallas communities reliant on the urban core's economy. Council members emphasize the need to retain investments in downtown rather than let them shift to suburbs like Plano.

Dallas faces a $550 million dilemma over repairs for City Hall as the Mavericks and Stars consider new arena sites outside downtown, sparking debate between preservation and redevelopment. Residents and stakeholders weigh in on whether to maintain the I.M. Pei-designed building or pursue demolition for urban core revitalization.

The Dallas Stars submitted plans for a mixed-use development and new arena at Plano's Willow Bend to the city, with a non-binding Letter of Intent signed and the proposal set for a June 8 city council vote. Plano Mayor John Muns expressed support, and the announcement follows the Dallas Mavericks' decision to relocate to the former Valley View Mall site.

The Dallas Mavericks plan to relocate from downtown Dallas to North Dallas, sparking concerns among Victory Park businesses reliant on game-day traffic. City leaders argue the move could foster long-term downtown growth by shifting focus to residential and commercial development rather than sports-dependent revenue.

The Dallas Mavericks have selected the Valley View site for their new arena and entertainment district, purchasing 104 acres of the former Valley View Mall. This decision shifts the NBA franchise from its 46-year downtown location to a site 13 miles north, described as a 'seismic' change for Dallas' sports and entertainment landscape.

Mark Cuban has sold most of his Bitcoin holdings, stating it failed to act as an effective hedge against fiat currency weakness and geopolitical turmoil. The billionaire investor cited Bitcoin's poor performance during the U.S.-Iran conflict compared to gold's surge as the breaking point for his confidence in the asset.

Mark Cuban and President Donald Trump have partnered to launch TrumpRx.gov, a new initiative aimed at lowering the cost of generic prescription drugs. The partnership comes after a history of heated political attacks between the two. Cuban's company, Mark Cuban Cost Plus Drugs, will work with the Trump administration and other private-sector companies.