November 6, 2025

In a groundbreaking announcement that has electrified the basketball world and the city of Dallas, NBA legend Dirk Nowitzki is officially returning to the Dallas Mavericks—not as a player, but as a co-owner.

The Mavericks confirmed on Saturday morning that Nowitzki, the iconic forward who spent his entire 21-season NBA career in Dallas and led the team to its only NBA Championship in 2011, has acquired an ownership stake in the franchise. This marks a full-circle moment for the beloved German superstar who redefined loyalty, leadership, and legacy in the modern NBA.

“Coming Home in a New Way”

In a joint press conference held at the American Airlines Center, Nowitzki appeared alongside Mavericks owner Mark Cuban and team president Nico Harrison to unveil the news.

“I’ve always said Dallas is home,” Nowitzki said, visibly emotional. “This team and this city gave me everything. I’m proud to be back in a new role, helping shape the future of the Mavericks both on and off the court.”

While exact financial terms of the deal remain undisclosed, sources familiar with the arrangement suggest that Nowitzki has become a minority stakeholder with a seat at the table in key operational decisions. This comes amid ongoing reports that Cuban has been gradually shifting some ownership responsibilities as part of his long-term succession planning.

A New Era of Leadership

Dirk’s return as co-owner comes at a pivotal time for the franchise. With superstar Luka Dončić entering his prime and the team undergoing a front-office evolution, Nowitzki’s experience and stature are expected to bring both strategic insight and a deep sense of continuity.

Mark Cuban called it a “historic and heartfelt move,” adding:

“Dirk isn’t just a former player—he’s the heart and soul of this franchise. Having him involved in ownership ensures that the Mavericks’ culture stays rooted in the values that made us champions.”

Off-Court Impact

Nowitzki has remained connected to the Mavericks since his retirement in 2019, serving as a special advisor and ambassador. But this ownership stake marks his first direct business involvement with the team, and it signals a broader trend of retired NBA legends stepping into executive and ownership roles—following the likes of Michael Jordan, Dwyane Wade, and Grant Hill.

Fans across Dallas and beyond have already taken to social media to celebrate the announcement, with #DirkReturns trending within minutes of the news breaking.

What’s Next?

While Nowitzki has made it clear he won’t interfere in day-to-day coaching or roster decisions, insiders say he will have input on player development, community outreach, and long-term planning.

“I know what it takes to build a winning culture,” Dirk said. “And I’m excited to contribute to that again—not from the court, but from the boardroom.

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