The Dallas Mavericks' surprising trade of Luka Doncic to the Los Angeles Lakers last week has created speculation that the Adelson/Dumont family could explore relocating the franchise to Las Vegas if their attempts to legalize gambling in Texas are unsuccessful. The Mavericks have released the following statement in response to that speculation:
“The Adelson and Dumont Families have already started and are committed to investing and building in Dallas/Ft. Worth. The families have absolutely no plans to move the team out of North Texas.”
The Adelson/Dumont family purchased controlling interest in the Mavericks last season from Mark Cuban at a valuation of $3.5 billion.
