To pick with a grain of salt but it makes sense. Money would be a factor.
More than 24 hours after Luka Doncic's transfer to the Lakers, it still seems just as complicated to find a concrete reason for the Slovenian’s trade.Beyond Nico Harrison’s statements explaining the desire to “win now and in the future,” others, such as a business lawyer in Dallas, suggest that this move by the franchise owners has little to do with basketball.
A Speculative Theory
Before going any further on this topic: the arguments presented in this article are primarily based on speculation made by a Dallas-based lawyer, Christopher Kratovil. However, his arguments are worth considering. While his theory might seem a bit far-fetched at first glance, it offers a precise explanation of the stakes behind Luka Doncic's trade, which remains inexplicable as of now.
A Look at Gambling Laws in the U.S. (and Texas)
In the United States, the establishment of casinos and the broader legalization of gambling-related businesses (including sports betting) falls under state jurisdiction. For decades, successive governments in Texas have strongly opposed this financial ecosystem. In practice, gambling is allowed in Texas, but only in highly regulated forms (state lottery, charity lotteries, etc.). The key point to note: in Texas, privately-run gambling establishments are illegal.
To change these regulations, political action is required. In Texas, legislative proposals are submitted during “regular” sessions held every two years. Alternatively, “extraordinary” sessions can be convened by the state governor when deemed necessary. That’s essentially how the process works.
Miriam Adelson and Patrick Dumont
Since early 2024, Miriam Adelson and Patrick Dumont have owned the Dallas Mavericks. They are also at the helm of a major business: Las Vegas Sands Corporation, one of the world's largest casino and gambling groups, with establishments in Las Vegas (naturally), as well as in Asia, China, and Singapore. This empire generates massive revenue ($10 billion in 2023) and has a strong interest in expanding... to Texas.
The Adelson-Dumont duo aims to legalize private casinos in specific regions of Texas, including the Dallas-Fort Worth area. For years, their group has actively lobbied state legislators. However, despite their efforts to convince policymakers to pass the necessary law, achieving this goal in the current legislative session appears unlikely. This means they would have to wait until… 2027.
The Mavericks as a Leverage Tool..?
By purchasing the Mavericks, Adelson and Dumont secured a significant local influence. This is where Christopher Kratovil’s theory comes into play. According to the lawyer, Luka Doncic's trade could be part of a strategy that has little to do with sports and much more to do with their business interests.
For the past 24 hours, Nico Harrison has been widely criticized for giving away the Mavericks' future to Los Angeles. At this point, it is hard to argue otherwise—sending arguably the best young player in the NBA away is a strategic disaster. Even though Dallas received Anthony Davis in return, their immediate title window is short. If things don’t work out—especially with aging players like Klay Thompson and Kyrie Irving—the consequences will be catastrophic: the Mavericks currently do not own a draft pick between 2026 and 2029.
Everything was built around Luka Doncic as the franchise’s centerpiece for years to come. This only adds to the confusion surrounding the trade. But from another perspective… Miriam Adelson and Patrick Dumont might actually benefit from sinking the Mavericks.
Here’s why: if the team declines, revenues could drop—fewer ticket sales, less media interest. Additionally, the trade has already sparked massive outrage among fans: over 700,000 Instagram followers lost in 24 hours. A sign of deep disappointment that could translate into a larger disengagement. If the franchise becomes irrelevant, it creates leverage for the owners.
According to Kratovil, this is the real strategy. By turning a key Dallas team into an underperforming mess, Adelson and Dumont could use it as a bargaining chip in 2027 to negotiate with local authorities. Their ultimate goal? A brand-new arena… featuring a massive casino. A must-visit entertainment destination in the Dallas-Fort Worth area.
And if the law doesn’t pass? The owners could pressure NBA commissioner Adam Silver, suggesting that the Dallas project is dead, and that moving the team to Las Vegas would reignite interest and improve both the franchise’s sports and financial standing.
Luka Doncic to the Lakers: A Favor to the NBA?
Kratovil also raises another point—one that is harder to follow. He suggests that trading Doncic to the Lakers might have been an attempt to win favor with the NBA. Los Angeles is one of the league’s biggest markets and one of the most globally recognized teams. Handing the Lakers the next face of the NBA is a marketing goldmine but a complete sporting aberration, as other teams likely could have offered better draft picks to Dallas.
In short, this move could put the NBA’s leadership in a favorable position toward Adelson and Dumont if a relocation were ever proposed.
Final Thoughts
Let’s be honest: this theory is pretty far-fetched. However, in the immediate aftermath of the trade, it provides an intriguing and persuasive explanation for many unanswered questions.
That being said, given the NBA’s control over its franchises, it is hard to believe the league would allow owners—no matter how profit-driven—to intentionally sabotage a successful team so easily.
There is a world in which Anthony Davis thrives in Dallas, and the Mavericks win a championship next year—making all these speculations look ridiculous in hindsight.
But for now, this theory is worth considering… if only to remind us that sports are no longer just about the game on the court.
Sources: NBC News Dallas Fort Worth, Dallas Morning News, Texas Tribune, Texas.gov, Texas Policy Research.