Dallas Mavericks owner Mark Cuban said Wednesday that the team plans to spend about $2 billion on new construction in 2021-23, a jump of more than $800 million over the previous season.
The Mavericks are projected to spend nearly $1.2 billion in the new season, which will also include the addition of a new scoreboard, an expansion team’s arena and an expansion lounge.
The team’s current stadium, the AT&T Center, will be demolished and replaced by a new $1 billion domed arena.
The new stadium will seat about 25,000.
The $1,400-per-game average of NBA games played in 2020 was up $150 million from the previous year.
That average also surpassed the $1 million average in 2016-17.
The Mavericks have averaged about 2.4 games per game, the most in the NBA.
“We’re going to do the best we can to keep the pace of the game, to continue to keep our team competitive, to keep up with our competitors and to continue our success,” Cuban said.
“We are going to have the most exciting basketball in the league.”
The Mavericks will have a $1 trillion arena project that is expected to open by the start of 2020, with a $3.5 billion price tag.
They will build a $4 billion, 250,000-seat arena on a 1.2 million-acre site in the city’s industrial area.
The project will be completed in 2021.
The Mavs also are expected to add an expansion club, the Dallas Stars, and a new, $1-billion arena in the South Dallas neighborhood of Downtown.
They are expected soon to open the $2-billion new arena.