BREAKING NEWS : Dallas Mavericks’ CEO Cynthia Marshall, has officially announces her retirement date

Cynthia Marshall, the Dallas Mavericks’ CEO, said Tuesday that she will retire at the end of the calendar year.

Marshall, 64, had worked for the organization since March 2018, when she was hired by previous majority owner Mark Cuban. After accepting the position, she became the NBA’s first Black female CEO.

“My three-year commitment has more than doubled in time,” Marshall wrote in a letter to colleagues acquired by ESPN’s Andscape. “I cherish each day of our journey together. We’ve improved the Mavericks. We’ve made communities better. We have improved our industry. You all made me better. I hope I’m leaving it better than I found it.

“I love you.” I adore our team. I adore our fans. My wildest dreams would never have included becoming CEO of the Dallas Mavericks. Thank you for providing myself and my family with an unforgettable vacation. We are Mavericks family and fans for life. You can count on us.

According to ESPN, Marshall knew she was retiring weeks ago, but she only recently reached an arrangement with Mavericks governor Patrick Dumont.Mavs CEO Cynthia Marshall plans to retire at end of year

“Cynt Marshall is a force of nature,” Dumont stated. “I like to say her talent is bringing people together, but the truth is she possesses numerous superpowers. Cynt has consistently gone above and beyond in everything she does, and her leadershipCynt Marshall to retire as Dallas Mavericks CEO - Dallas Business Journal

the Dallas Mavericks are no exception. She is an indelible part of this franchise’s history, and we are eternally thankful. The excellent impact she has had here will last a long time.” Marshall will join the Mavericks as a consultant, a post she will hold through December 2025.

Last season, Dallas went 50-32 and advanced to the NBA Finals, where it lost to the Boston Celtics in five games. On October 24, the Dallas Mavericks will face the visiting San Antonio Spurs to begin the 2024-25 season.

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