Billionaire Entrepreneur Mark Cuban Joins CEBL, Brampton Ownership Group

CEBL Staff • May 7, 2026

The Canadian Elite Basketball League (CEBL) announced Thursday that billionaire entrepreneur, former majority owner of the Dallas Mavericks, and former co-star of the Emmy award winning TV show Shark Tank, Mark Cuban has joined the Brampton Honey Badgers ownership group.


Cuban’s career has spanned a wide range of business ventures, with the Brampton Honey Badgers being among the latest. In the sports world, Cuban is most notably known as the former majority owner of the Dallas Mavericks, a position he held until he sold his majority stake in 2023, though still holding roughly 27% ownership of the organization. 


Cuban played an active role in the Mavericks success over his ownership tenure, contributing to their 2011 NBA championship. He is credited for his willingness to spend to acquire top talent, fostering team chemistry, building a “family-like” atmosphere, and pushing boundaries in an effort to improve the game he loves.


“Canadian basketball is probably the most underappreciated in the world,” said Cuban. “The talent here is through the roof and getting better by the day. The CEBL offers all of Canada the chance to see that amazing talent on display in exciting games that are fun and affordable for the entire family. I’m excited to be part of this team, help build the Brampton fanbase, and to bring some of the same fun we had in Dallas to the Toronto area!”


Many people will also recognize Mark Cuban from his 13-year career on
Shark Tank, where he sat on a panel as one of five investors, listening to small companies’ presentations and pitches asking for investment. 


More recently, Cuban co-founded Cost Plus Drugs in 2022, a public benefit corporation focused on providing pharmaceutical drugs to the public at a much lower cost. 


The Vancouver Bandits are one of 10 teams across Canada and a founding franchise of the CEBL.  Boasting one of Canada’s strongest and most engaging fan bases, the team and league have quickly established a reputation as one of British Columbia’s most exciting and dynamic live event offerings.


Launched in May of 2018 and playing its first season in 2019, the CEBL is Canada's largest professional sports league with additional franchises in Edmonton, Calgary, Saskatoon, Winnipeg, Brampton, Niagara (St. Catharines), Scarborough (Toronto), Ottawa and Montréal.


“Mark Cuban joining the CEBL is another significant step forward for the growth and long-term credibility of our league,” said Dylan Kular, Vancouver Bandits team president. “When someone with Mark’s experience and global reputation in professional sports chooses to invest in Canadian basketball, it reinforces the momentum that organizations like the Bandits and teams across the CEBL have worked hard to build over the past several years. It elevates the visibility of our league, creates new opportunities for all member clubs, and further validates the passion our fans, partners and communities have shown across Canada.”


The Bandits open their eighth  CEBL season on Thursday, May 14 on the road in Saskatoon before coming home for its Home Opener against the Edmonton Stingers on Friday, May 22 at 7:00 p.m. PT at Envision Financial Court at Langley Events Centre. A full game schedule can be viewed
here.


Bandits Single Game Tickets and additional 2026 ticket options can be purchased
here.


All CEBL regular season games including playoffs will be live-streamed on the CEBL’s OTT platform, CEBL+, the CEBL Mobile app, the CBC Gem app and the CBC Sports YouTube channel. Marquee games will air nationally on CBC TV.


More information is available at thebandits.ca and @vancouverbandits on Instagram and TikTok, as well as @vancitybandits on Facebook and Twitter.

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