Dallas Cowboys owner Jerry Jones has stated he is open to the possibility of Mark Cuban co-owning the NFL team through Cuban's private equity firm, Harbinger. Jones expressed considerable respect for Cuban, the former majority owner of the Dallas Mavericks.
"That’s exactly why if you’re me, you would be open to that is because of the man. I have all the respect in the world for him and I know what he did for the Mavericks and what he’s done for basketball," Jones told The Dallas Morning News. "He’s in additional to financial boatstreams of your team, you want to associate with the highest quality of [a person] who loves the game and then also at the same time wants to do something about it. Mark leads the way in that."
Cuban also indicated to the outlet that his fund, Harbinger, would be receptive to the idea. The potential for a minority stake sale comes as NFL owners approved a measure two years ago allowing private equity firms to purchase between 3% and 10% of a franchise.
These comments follow recent remarks from Jones' son, Stephen Jones, the Cowboys' chief operating officer, who stated the family "wouldn't rule out" selling a portion of the team but would be selective about any partner. The Cowboys are currently valued at an estimated $13 billion, making them the most valuable franchise in North American professional sports, according to Forbes.
Cuban recently sold nearly 75% of the Mavericks in December 2023 for a $3.5 billion valuation. His fund has also acquired a minority stake in the MLB's Oakland Athletics, who are scheduled to relocate to Las Vegas in 2028.