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Mark Cuban claims he lost 'hundreds of millions' owning the Dallas Mavericks
Sports Illustrated ^ | Mar 29, 2025 | Austin Veazey

Posted on 03/30/2025 1:11:37 PM PDT by MinorityRepublican

Mark Cuban has been brutally honest about his displeasure with the Dallas Mavericks since he sold his majority share to the Adelson family in December 2023. He thought he would still be in charge of basketball operations, but it wasn't allowed to be in the contract when he sold the team, and the Adelsons decided to hand the reins to Nico Harrison.

Cuban voiced his frustrations in a recent Facebook comment about his role with the team, but he also revealed that owning the Mavericks wasn't exactly a fruitful endeavor.

"You didn't say a word when [your bonus] showed up in your account. Did you? Sure looked good when we made it to the finals, didn't it?" Cuban responded to a post from a former employee saying he should be run out of Dallas. "I did every damn thing I could for 23 years. Kept prices lower than not only any NBA team, but lower than college teams too. I had $2 tickets for multiple years. When I sold there were always 4k tickets under $29. I made money 2 out of 23 years I was the majority owner. Lost hundreds of millions of dollars. And you kept on collecting your salary. So my dirty dollars didn't get a peep out of you those 23 years. Or when you got your check every two weeks.

Or when you got your bonus. Go back to what I said when I sold the team. I didnt want my kids and family to have to deal with people like you. I honestly got tired of the growing number of fans who became pricks on social media. People exactly like you. I paid your salary. I paid you a bonus I didn't have to give you.

(Excerpt) Read more at si.com ...


TOPICS: Sports
KEYWORDS: abyss; austinveazey; businessfailure; dallas; dallasmavericks; lousybusinessman; markcuban; mavericks; nba; nicoharrison; poormepoorme; sportsillustrated; texas
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To: MinorityRepublican

Cuban is the only guy in the world who can become a billionaire and still bitch about it. He’s insufferable.


21 posted on 03/30/2025 2:25:33 PM PDT by HonkyTonkMan ( )
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To: MinorityRepublican

if he wasn’t the owner all those years would he have become as well known and become a TV personality?

its not just about the money.


22 posted on 03/30/2025 2:31:06 PM PDT by ChronicMA
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To: Dilbert San Diego
He sold his share in the team for $3.5 billion after buying the team for $285 million in 2000, which equates to about $525 million in today's dollars.
23 posted on 03/30/2025 2:32:32 PM PDT by Kazan
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To: MinorityRepublican

NO DOUBT this moron lost $$$ on the Mavs and that is why Cooban was compelled to sell by the NBA!


24 posted on 03/30/2025 2:37:53 PM PDT by StAnDeliver (TrumpII)
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To: Pearls Before Swine

23 years, not four, right,


25 posted on 03/30/2025 2:52:02 PM PDT by ConservativeMind (Trump: Befuddling Democrats, Republicans, and the Media for the benefit of the US and all mankind.)
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To: ConservativeMind

Yeah, that confused me too.


26 posted on 03/30/2025 2:57:17 PM PDT by rdl6989
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To: MinorityRepublican
Kept prices lower than not only any NBA team, but lower than college teams too. I had $2 tickets for multiple years.

Well that was pretty dumb then.

27 posted on 03/30/2025 2:57:46 PM PDT by montag813
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To: MinorityRepublican

So can we gloat like liberals do over Musk’s Tesla losses?


28 posted on 03/30/2025 3:03:39 PM PDT by oldbill
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To: ConservativeMind

23... not 4. Oopsie, more like 11% annual return then. Still, not bad.

New lenses take some getting used to.


29 posted on 03/30/2025 3:30:27 PM PDT by Pearls Before Swine
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To: HonkyTonkMan
Cuban is the only guy in the world who can become a billionaire and still bitch about it. He’s insufferable.

Cuban is a billionaire, but he's irrelevant now, and that's what eats him up. Owning the Mavericks gave him significance and importance and now he no longer has that. Money can't necessarily purchase relevance.

We'll hear him bitch for a few more months and then he'll fade away.

30 posted on 03/30/2025 3:56:47 PM PDT by Right_Wing_Madman
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To: MinorityRepublican

31 posted on 03/30/2025 4:04:22 PM PDT by Magnum44 (...against all enemies, foreign and domestic... )
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To: MinorityRepublican
"Mark Cuban claims he lost 'hundreds of millions' owning the Dallas Mavericks"

How much did tax payers spend to build a stadium for a millionaire?

32 posted on 03/30/2025 4:31:19 PM PDT by yesthatjallen
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To: MinorityRepublican

Stupid is as stupid does.

And he called Elon an idiot . . .


33 posted on 03/30/2025 6:49:33 PM PDT by MCSETots
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To: MinorityRepublican

Boo freaking hoo!


34 posted on 03/31/2025 3:59:38 AM PDT by quilterdebbie (We will endeavor to persevere!)
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To: MinorityRepublican

All star games always suck. No one wants to get injured.


35 posted on 03/31/2025 9:17:02 AM PDT by Seruzawa ("The Political left is the Garden of Eden of incompetence" - Marx the Smarter (Groucho))
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To: Seruzawa
They used to give a good effort in those games 20 years ago.

They had one thing. It was called pride.

36 posted on 03/31/2025 11:52:49 AM PDT by MinorityRepublican
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