Mark Cuban has joined the Brampton Honey Badgers ownership group in the cebl, adding a high-profile investor to a team that is entering its eighth season in the Canadian Elite Basketball League. The move was revealed Wednesday during a Brampton city council meeting, and the team is expected to formally announce it on May 7.
Cuban, 67, spent 23 years as the majority owner of the Dallas Mavericks before selling his 73 per cent stake in 2023 for $3.5 billion. For the Honey Badgers, the addition brings a former NBA owner into a league built around Canadian talent, with each of the CEBL's 10 teams required to carry at least 70 per cent Canadian players.
Al Whitley Reveals Cuban
The investment came out through Al Whitley, the former Mavericks executive who now leads the Honey Badgers. Whitley worked closely with Cuban during the Mavericks' 2011 championship run, and his path from Dallas to Brampton connects the new ownership piece to Cuban's long NBA history.
The Honey Badgers are among the league's original six franchises, and this is their fourth season based in Brampton after previously playing in Hamilton. That move has already changed the team's local footprint; Cuban's arrival shifts the ownership profile as the club settles deeper into its Brampton phase.
Honey Badgers In Brampton
The CEBL season runs from May through August, so the timing places the ownership news right as the league calendar opens. The Honey Badgers enter that stretch with Leonard Asper still tied to the team ownership picture, now alongside the newly reported Cuban involvement.
For Brampton, the practical next step is simple: the team says its formal announcement comes on May 7. Until then, the news is the ownership change itself — a 67-year-old investor with a 23-year Mavericks run now attached to one of the league's original six clubs.
