We consider a platform featuring the minimal ingredients relevant both to a driven-dissipative cavity quantum optics system and to a spintronically pumped magnon condensate. We extend the Dicke model for a bosonic mode collectively coupled to a coherent spin ensemble, by weakly coupling it to an out-of-equilibrium spin bath which is tunable by incoherent pumping. Our model exhibits competition between coherent couplings and dissipative channels, which leads to various collective quantum behaviors, static and dynamic, depending on the interplay of spin-boson interactions and spin pump/loss rates. Our analysis exposes a hybrid lasing-superradiant regime which does not take place in an ordinary pumped Dicke spin ensemble. We interpret the resultant non-equilibrium phase diagram from both a quantum optics and a spintronics standpoint, supplying a conceptual bridge between the two fields. The implications of our results concern dynamical control in spintronics and frequency-dependent gain media in quantum optics.