Mark Cuban has one major regret after selling Dallas Mavericks

Mark Cuban says he has one big regret after cashing out of the Dallas Mavericks — and it’s not the sale itself.“I don’t regret selling, I regret who I sold to.Yeah, yeah, I made a lot of mistakes in the process and I’ll leave it at that,” the billionaire entrepreneur said on an episode of the Intersections podcast published Tuesday.He agreed in late 2023 to sell a controlling stake in the franchise to casino magnate Miriam Adelson and her family.Cuban, who spent nearly 20 years as one of the “shark” investors on “Shark Tank,” said the grind of owning an NBA franchise ultimately pushed him toward the exit, describing it as an all-consuming emotional rollercoaster that wore him down over time.

“It’s a big emotional commitment, right? You hear the passion and everything — now imagine going up and down like that every single game.That’s hard,” he said.The intensity of fan reactions — especially when the team struggled — made him wary of his children working in that environment and being subjected to what he described as abusive treatment, Cuban added.But while the celeb money-man defended the decision to sell, he drew a line at how things unfolded after the deal — particularly a blockbuster trade involving franchise cornerstone Luka Dončić.Cuban said he was blindsided when the Mavericks moved the star player, describing a chaotic late-night phone call that left him stunned.“I got a text from a then-general manager and he said ‘Call.’ And I did and I thought he was asking me what I thought about a potential trade for Luka he was like, ‘No, Mark, it’s done,’” Cuban recounted.“I was like, ‘What did we trade him for?’ And he told me — and no disrespect to Anthony Davis — but I’m like, ‘He’s hurt a lot.’”The former owner said he immediately viewed the deal as a catastrophic mistake — one he had no power to stop.“I called the new owner and he started telling me stuff that wasn’t true that he had b...