Despite handing over some large responsibilities in the past few weeks, Mark Cuban confirmed in an email to CNBC he has “no plans” to run for president in 2024.

NBA fans began speculating of a potential career change after Cuban announced Tuesday he is selling the majority stake of the Dallas Mavericks, one week following his decision that season 16 of “Shark Tank” would be his last.

Cuban, 65, is selling the NBA team to the Adelson family at a franchise valuation of $3.5 billion, but he will still keep shares and have full control of basketball operations as part of the reported deal.

The two major moves in quick succession combined with the approaching 2024 election, Cuban’s personal wealth and past political activity sparked the rumors of a potential bid.

In 2020, Cuban considered running for president as an independent and hired a pollster to measure his popularity.

Cuban eventually decided to forgo to the campaign in light of his non-competitive odds and the stress it would have put upon his family.

“My family voted it down,” Cuban told CNN. “Otherwise, I would have.”

This time around, however, Cuban isn’t interested and it seems like if the sale comes to fruition, he will still have the large responsibility of running operations with the Mavericks, who currently sit in third in the Western Conference at 11-6, behind the defending champion Nuggets and Timberwolves.

NBA correspondent Marc Stein, who broke the news of the deal, said in his newsletter that Cuban plans to be a “very active partner” on the basketball side of things with the Adelson family for the Mavericks, enabling them to “focus on the pursuit of TV money, real-estate plays for the franchise, their continued efforts to lobby Texas lawmakers to legalize gambling, etc.”

Last year, Cuban expressed his desire to build a new arena for the team that would be “in the middle of a resort and casino” in Dallas — if the state of Texas legalized gambling.