The Dallas Mavericks have agreed to a jersey sponsorship deal with 5miles

5miles is a Dallas-based online and app marketplace company.

"We're lucky to partner with a locally based company that is innovative and growing exponentially," Mark Cuban said.

Launched in January 2015, 5Miles boasts one million users in its largest marketplace, Dallas-Fort Worth. Founder, CEO and SMU graduate Dr. Lucas Lu and CFO Garwin Chan said the Mavericks' partnership will accentuate the company's expansion through Texas, the United States and globally.