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Patrick Dumont
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Patrick Dumont | |
|---|---|
| Born | Patrick Sydney Dumont |
| Education | Johns Hopkins University (BSE) Columbia University (MBA) |
| Occupation | Businessman |
| Spouse |
Sivan Ochshorn (m. 2009) |
Patrick Sydney Dumont is an American businessman and owner of the Dallas Mavericks of the National Basketball Association.
After his 2009 marriage to Sivan Ochshorn, daughter of Miriam Adelson, Dumont began working for the Adelson-owned Las Vegas Sands Corp. He was promoted to Chief Financial Officer (CFO) in 2016, President and Chief Operating Officer (COO) in 2021, and Chief Executive Officer (CEO) and Chairman in 2026.
In 2023, the Adelson-Dumont family purchased the majority controlling interest in the Mavericks, with Dumont becoming the team's governor, replacing Mark Cuban. In his role as governor, Dumont is a significant decision-maker for the team.
Early life and career
Dumont grew up in Flatbush, Brooklyn, New York. He attended Saint Ann’s School in Brooklyn Heights.[1] He earned a bachelor's degree in mechanical engineering from Johns Hopkins University and an MBA from Columbia Business School in 2003.[2][1]
Business career
Dumont worked briefly in consulting and aerospace before attending Columbia Business School.[1] Dumont's early career was in investment banking. He worked at Miller Buckfire and Bear Stearns.[2]
Las Vegas Sands
Dumont joined Las Vegas Sands Corp., owned by Sheldon Adelson and his family, in June 2010. He served in a variety of strategic, operating, and finance positions, rising to senior vice president before being named the company's CFO in March 2016.[2][3]
After the death of Sheldon Adelson on January 11, 2021, Dumont was promoted to President and COO.[4]
As COO, Dumont was responsible for overseeing Singapore and Macau operations, which included negotiating with those territories' governments regarding Sands' multi-billion dollar property investments.[5] During the Covid-19 Pandemic, Dumont was responsible for the overhaul of the Sands Cotai Central, which was rebranded as the Londoner Macao. Dumont also oversaw the continued expansion of Marina Bay Sands, which is located in Singapore.[6]
In late 2024, Dumont played a pivotal role in thawing relations between the NBA and China, which frayed following Houston Rockets General Manager Daryl Morey tweeting in support of the 2019–2020 Hong Kong protests. Dumont announced the NBA China Games, which were held at the Venetian Arena in Macao in October 2025.[7]
In 2026, Dumont was promoted to CEO and Chairman.[8]
Dallas Mavericks
The NBA Board of Governors unanimously approved the sale of the controlling ownership interest of the Dallas Mavericks to Miriam Adelson and Sivan and Patrick Dumont on December 27, 2023. Dumont became the Mavericks' governor and representative to the NBA Board of Governors.[9] The Adelson-Dumont families took 69% ownership and previous controlling owner Mark Cuban's share was reduced to 27%.[10]
According to the Dallas Morning News, the Adelson-Dumont family's purchase of the Dallas Mavericks was the realization of a decade-long passion to buy an NBA franchise.[10] Long-term, Dumont expressed the potential to develop destination resorts in Texas, including the opportunity to build a new arena for the Mavericks as part of a large-scale entertainment complex in a destination resort.[2]
Dumont was the "ultimate decision maker" of the widely criticized blockbuster trade of star Luka Dončić to the Los Angeles Lakers on February 1, 2025, according to Mavericks general manager Nico Harrison.[11][12][13]
Dumont also stated there were no plans to relocate the team away from Dallas.[14][15] The following season, the Mavericks won the first pick in the 2025 NBA draft lottery and selected Cooper Flagg, a Duke University alum.[1]
On November 11, 2025, Dumont fired general manager Nico Harrison after ongoing fan unrest and a struggling 3–8 start to the season, with fans chanting "Fire Nico" at Dallas Mavericks home games in the American Airlines Center.[16][17]
He then penned an open letter to Mavericks fans regarding the firing of Harrison, stating that he was "fully committed to the success of the Mavericks."[18][19]
The night before the firing, Dumont had a courtside conversation with a Mavericks fan wearing a Lakers Luka Dončić jersey, during which he accepted the fan’s apology for a rude gesture the fan had directed toward Dumont during a previous game and acknowledged remorse about the team’s decision to trade Dončić.[20][21]
On May 4, 2026, the Dumont-led Mavericks hired Masai Ujiri as their president and alternate governor.[22] On May 8, 2026, the Mavericks hired Mike Schmitz as their general manager to replace the embattled Nico Harrison.[23]
On October 29, 2025, Dumont and the Mavericks became involved in an ongoing lawsuit against the Dallas Stars over shared use of the American Airlines Center. The Mavericks claimed that the Stars breached their lease agreements by moving their headquarters to Frisco, Texas in 2003. The Stars, in their countersuit, claimed that the Mavericks had breached their lease agreements by moving their headquarters to Las Vegas, Nevada in 2024.[24] In May 2026, a Texas judge ruled in favor of the Mavericks and gave control of the American Airlines Center to the team.[25]
Personal life
Dumont married Sivan Ochshorn, who he met at Columbia Business School and is Miriam Adelson's second daughter from her first marriage, in 2009.[2][1]
See also
References
- 1 2 3 4 5 "Can Dallas Be the Next Las Vegas? The Mavericks Owner Is Betting On It". Bloomberg. 2026-05-15. Retrieved 2026-07-21.
- 1 2 3 4 5 "What to know about Mavericks governor, majority shareholder Patrick Dumont". Dallas Morning News. 2024-02-12. Retrieved 23 February 2024.
- ↑ Somaiya, Ravi; Ember, Sydney (2015-12-16). "Sheldon Adelson Said to Be Buyer of Las Vegas Review-Journal". New York Times. Archived from the original on 2015-12-18. Retrieved 23 February 2024.
- ↑ Sayre, Katherine (2021-01-26). "Sheldon Adelson's Casino Empire Installs New Leadership". Wall Street Journal. Retrieved 23 February 2024.
- ↑ O’Connell, Robert; Sayre, Katherine (2024-06-12). "The Vegas Casino Executive Who Hit the NBA Jackpot". Wall Street Journal. ISSN 0099-9660. Retrieved 2026-07-27.
- ↑ U-Wen, Lee (2026-03-01). "With billions already committed, Las Vegas Sands remains 'very interested' to invest further in Singapore". The Business Times. Retrieved 2026-07-27.
- ↑ Townsend, Brad (2024-12-06). "Mavericks' Patrick Dumont played pivotal role in thawing relations between NBA, China". Dallas Morning News. Retrieved 3 February 2025.
- ↑ Townsend, Brad (2026-02-13). "Mavericks governor Patrick Dumont promoted to CEO and Chairman of Las Vegas Sands Corp". Dallas Morning News. Retrieved 2026-03-02.
- ↑ Price, Dwain (2023-12-28). "NBA Board of Governors approve sale of Mavericks". Dallas Mavericks.
- 1 2 Townsend, Brad (2024-02-10). "Patrick Dumont, Mavericks majority shareholder, gives his first interview as governor". Dallas Morning News. Retrieved 23 February 2024.
- ↑ Geitheim, Eva (2024-02-02). "Mavs GM Admitted Team Owner Laughed at His First Proposal of Luka Doncic Trade". Sports Illustrated. Retrieved 3 February 2025.
- ↑ Douglas, Stephen. "Mavericks Owner Uses Shaq as Example of a Player Who Worked Really Hard Everyday". si.com.
- ↑ Acedera, Shane Garry. "Bill Simmons blasts Mavs owner for not knowing NBA history". basketballnetwork.net.
- ↑ Townsend, Brad (2025-02-09). "Mavericks governor Patrick Dumont makes first public comments after Luka Doncic trade". Dallas Morning News. Retrieved 2026-03-19.
- ↑ "Mavericks owner backs Doncic trade; says team isn't relocating". ESPN. 2025-02-09. Retrieved 2026-03-19.
- ↑ "Dallas Mavericks fire GM Nico Harrison 9 months after widely panned Luka Dončić trade". Associated Press. 2025-11-11. Retrieved 2026-03-19.
- ↑ "Mavericks fire unpopular GM Nico Harrison after 3-8 start". Reuters. 2025-11-11. Retrieved 2026-03-19.
- ↑ Finley, Tarohn (2025-11-11). "Mavericks owner Patrick Dumont writes open letter to fans addressing Nico Harrison firing". Yahoo Sports. Retrieved 2026-03-19.
- ↑ "Open Letter From Mavericks Owner Patrick Dumont to Mavs Fans" (PDF). NBA.com. Retrieved 2026-03-19.
- ↑ "Patrick Dumont had sideline chat with Mavericks fan in Lakers jersey hours before Nico Harrison firing". Yahoo Sports. Retrieved 2026-03-19.
- ↑ ""I was talking smack… but he was very receptive": Mavs fan apologizes to Patrick Dumont". Yahoo Sports. Retrieved 2026-03-19.
- ↑ Staff (2026-05-04). "Masai Ujiri to Mavericks: Dallas hires former Raptors executive as team president". The Athletic. The New York Times. Retrieved 2026-05-04.
- ↑ "Dallas Mavericks name Mike Schmitz General Manager". NBA.com. Dallas Mavericks. 2026-05-08. Retrieved 2026-05-21.
- ↑ S. E. Jenkins (2025-11-20). "Stars claim Mavericks listed Las Vegas as team headquarters in escalating legal battle". CBS News Texas. Retrieved 2026-03-19.
- ↑ Rosenbaum, Steven (2026-05-21). "Dallas Mavericks win dispute with Dallas Stars over American Airlines Center management". CBS News. Retrieved 2026-07-21.
