Patrick Dumont and his wife, Sivan Ochshorn, have bought Miriam Adelson's shares of the Dallas Mavericks, a team spokesman said. ESPN first reported the sale.
The sale took place last month. The Dumont family is now the controlling owner of the franchise with a 69% share.
In a statement, the Dumont family said it is committed to building a championship team, supporting fans and growing the team's impact in the local community through investments in the city of Dallas. The family said it is happy with its ownership and excited about the future of the Mavericks.