Why Mark Cuban Sold the Mavericks
ESPN Daily
ESPN
4.6 • 3.9K Ratings
🗓️ 6 December 2023
⏱️ 23 minutes
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| 0:00.0 | Tim McMahon, after covering the Dallas Mavericks for as long as you have, what was your reaction to Mark Cuban's decision to sell off a majority stake of the team? |
| 0:10.0 | I was pretty shocked that it was a majority stake. |
| 0:13.8 | When I first heard the possibility of |
| 0:18.8 | when I first heard the possibility of the Mavericks being sold to this group, that's what shocked me. |
| 0:27.1 | Was like Mark Cuban giving up the Mavericks, it is such a massive part of his identity. |
| 0:32.2 | I mean, I know how much it means to him. I know how invested he is |
| 0:37.2 | emotionally. And let's be honest, before he became Mark Cuban of Shark Tank, he was famous because he was Mark Cuban, the |
| 0:46.3 | Maverick owner of the Dallas Mavericks. Nobody knew who Mark Cuban was until he bought this team |
| 0:51.6 | and he was this wild, crazy young brash billionaire who, oh my gosh, he's wearing jeans and arguing the ref sitting court side. |
| 1:01.0 | And obviously he's just, he was an owner unlike any that we had ever seen before and |
| 1:06.9 | This frankly is a sale unlike any that we've ever seen before |
| 1:14.0 | Cuban no longer is going to be primarily responsible for the purse strings. |
| 1:19.0 | This is a case of a very rich guy getting much richer, |
| 1:22.0 | but very rich is one thing. Very rich by |
| 1:26.2 | NBA owners standards is another thing. Cuban certainly is not that. |
| 1:32.4 | And you know, when you're asked why would Mark Cuban make this deal, it was painful |
| 1:40.1 | for him financially to try to run a competitive NBA team. The Maverick's pockets suddenly got a whole lot deeper. |
| 1:48.0 | So it's that aspect, Mark Cuban's motivation for the sale that we've been trying to wrap our heads around and get a peek inside. |
| 1:56.0 | When news broke that Mark Cuban was selling a majority stake in the Dow's Mavericks, |
| 2:06.4 | the entire sports world was shocked. Let's face it, almost no owner in pro sports |
| 2:11.4 | has their identity tied to their team as much as Cuban does to the maps. |
| 2:16.3 | But as details about this deal started to emerge, some questions started to get answered, |
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