Mark Cuban Claims Mavericks Were Profitable For Only Two Of His 23 Seasons As Majority Owner

Mark Cuban claims to have made cash in solely two of his 23 years proudly owning the Dallas Mavericks and that he misplaced tons of of hundreds of thousands of {dollars} within the course of. Cuban was a extremely influential proprietor, notably early in his tenure by upgrading the providers across the staff from the forms of resorts they stayed at to even the standard of the towels within the locker room.

“I did each rattling factor I might for 23 years,” Cuban wrote. “Saved costs decrease than not solely any NBA staff, however decrease than school groups too. I made cash 2 out of 23 years I used to be the bulk proprietor. Misplaced tons of of hundreds of thousands of {dollars}.” 

Cuban purchased the Mavericks for $285 million in 2000 and offered his majority share within the staff in 2023 at a $3.5 billion valuation.