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Why did Mark Cuban sell the Dallas Mavericks and leave Shark Tank?

Answered from Mark Cuban: The Next Market Crash Is Where The Real Money Is Made! · The Diary Of A CEO with Steven Bartlett · 2026-10-26

Mark Cuban said the NBA had shifted from basketball to team valuations and real estate, which made ownership more stressful. Losing his parents, in 2017 and 2022, made him feel his own mortality, and his children were 13, 16 and 19 when he sold, so he wanted to stop missing birthdays and be present before they left home. He bought the Mavericks for $285 million and sold majority control at a $4.3 billion valuation in 2023, keeping 27%.

Source: our own transcription of the episode. The full conversation is on The Diary Of A CEO with Steven Bartlett (2026-10-26). Read the whole episode summary →

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