Mark Cuban is accusing Dallas Mavericks governor Patrick Dumont of freezing the team’s former majority owner out of business opportunities in a proposed move of the club out of downtown, according to a newspaper report.
The Dallas Morning News reported Wednesday that Cuban alleges Dumont has engaged in “adversarial business practices” in his bid to move the team about 10 miles north of downtown to the former site of a Dallas mall.
Cuban owns 27% of the Mavericks, but the newspaper reported there is a clause in the purchase agreement that the Adelson and Dumont families can buy another 20% of Cuban’s stake.
The filing by Cuban comes a little more than a month after the Mavericks signed an option agreement to purchase approximately 104 acres in north Dallas, part of a plan to build an arena that would open in 2031.
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