Ex-Dallas Mavericks owner, 'Shark Tank’ star Cuban buys into Brampton Honey Badgers

Former Dallas Mavericks owner Mark Cuban exits the arena after an NBA basketball game between the Chicago Bulls and the Dallas Mavericks Sunday, April 12, 2026, in Dallas. (AP Photo/Albert Pena)

BRAMPTON — American billionaire Mark Cuban, the former majority owner of the NBA’s Dallas Mavericks, has joined the ownership group of the Canadian Elite Basketball League’s Brampton Honey Badgers.

The Honey Badgers announced the move in a statement Thursday. Details of Cuban’s involvement were not provided, but the Honey Badgers noted that he has strong connections to the CEBL team.

Cuban sold his majority stake in American cable company HDNet to Honey Badgers’ majority owner, Anthem Sports and Entertainment, and the team’s chief executive officer, Al Whitley, is a former Mavericks executive.

Cuban was the majority owner of the Mavericks from 2000, when he bought a stake in the team from H. Ross Perot, until 2023, when he sold controlling interest to Miriam Adelson. He still owns 27 per cent of the team.

He was a high-profile courtside presence as the Mavs’ primary owner, including during the team’s lone NBA championship run in 2011.

Cuban is also well-known as a former co-host of the television series “Shark Tank” and co-founded discount pharmaceutical company Cost Plus Drugs in 2022.

This report by The Canadian Press was first published May 7, 2026.