Mark Cuban's Role With Mavericks Not Exactly What He Expected When He Sold Majority Stake

Moderators: bwgood77, Domejandro

RealGM Wiretap
RealGM
Posts: 114,824
And1: 313
Joined: Mar 19, 2013

Mark Cuban's Role With Mavericks Not Exactly What He Expected When He Sold Majority Stake 

Post#1 » by RealGM Wiretap » Mon Nov 25, 2024 3:05 pm

When Mark Cuban sold the Dallas Mavericks, there was a stated expectation that he would continue to run basketball operations "forevermore." By the time the Mavericks reached the Finals last June, it was clear that Cuban no longer was in charge the way he had anticipated with Nico Harrison reporting directly to new owner Patrick Dumont. 


"It's not a whole lot different than right before I sold the team," Cuban said. "Nico was doing pretty much everything and I would give him my thoughts and my feedback — just like I do now.


Then he added: "You're right — I'm not there making day-to-day decisions. That's all Nico. That's just the way it's evolved. Honestly … is it exactly the way I expected it to be? No. But we're winning and things are going well. I'm fine with it."


Cuban hired Harrison in 2021 to replace Donnie Nelson.


"It's been up and down," Cuban said of adjusting to his new place in the Mavericks' hierarchy. "I've had moments of both — times where I was like, 'OK, this is what we need to do, but I'm not the boss.' And then there have been other times where I'm like: 'I'm glad I'm not the boss.' "


He added: "The only time I feel any regret is when the NBA pisses me off. Maybe it would be different if we were losing and things weren't going well, but things are going well. It's nothing specific to the Mavs. I can't go into NBA meetings anymore and give them **** for being petty."

Via Marc Stein/The Stein Line

TheCage4
Retired Mod
Retired Mod
Posts: 9,508
And1: 639
Joined: Aug 22, 2001
Location: NY
       

Re: Mark Cuban's Role With Mavericks Not Exactly What He Expected When He Sold Majority Stake 

Post#2 » by TheCage4 » Mon Nov 25, 2024 4:15 pm

So he just hangs around now like that annoying co-worker every business has that you simply cannot get rid of.
“And where once you had the freedom to object, to think and speak as you saw fit, you now have censors and systems of surveillance coercing your conformity and soliciting your submission.” -V
User avatar
moocow007
Retired Mod
Retired Mod
Posts: 98,229
And1: 25,675
Joined: Jan 07, 2002
Location: In front of the computer, where else?
       

Re: Mark Cuban's Role With Mavericks Not Exactly What He Expected When He Sold Majority Stake 

Post#3 » by moocow007 » Mon Nov 25, 2024 5:57 pm

TheCage4 wrote:So he just hangs around now like that annoying co-worker every business has that you simply cannot get rid of.


Or that annoying uncle that keeps trying to give his opinion even though no one asked for it nor wanted it. :lol:
niha17
Bench Warmer
Posts: 1,486
And1: 83
Joined: Jul 14, 2014
     

Re: Mark Cuban's Role With Mavericks Not Exactly What He Expected When He Sold Majority Stake 

Post#4 » by niha17 » Mon Nov 25, 2024 9:25 pm

what did he think was going to happen LOL. His opinion doesn't matter anymore. Hes not the owner
the_process
RealGM
Posts: 29,121
And1: 10,318
Joined: May 01, 2010

Re: Mark Cuban's Role With Mavericks Not Exactly What He Expected When He Sold Majority Stake 

Post#5 » by the_process » Tue Nov 26, 2024 1:19 am

If Cuban wants to run another team, sell the 27% of the Mavs and buy 51% of the Celtics.
Vegeta10176
Starter
Posts: 2,218
And1: 281
Joined: Jun 27, 2018

Re: Mark Cuban's Role With Mavericks Not Exactly What He Expected When He Sold Majority Stake 

Post#6 » by Vegeta10176 » Tue Nov 26, 2024 4:18 am

Nothing was written in the contract for him to remain in control and he sold for a discount of 1 billion on valuation.. This seems like a pretty dumb deal to me.. He is still rich forever.. But this has to be stupid
Vegeta10176
Starter
Posts: 2,218
And1: 281
Joined: Jun 27, 2018

Re: Mark Cuban's Role With Mavericks Not Exactly What He Expected When He Sold Majority Stake 

Post#7 » by Vegeta10176 » Tue Nov 26, 2024 7:30 am

the_process wrote:If Cuban wants to run another team, sell the 27% of the Mavs and buy 51% of the Celtics.


He couldn't afford the celtics..
M2J
Analyst
Posts: 3,643
And1: 1,861
Joined: Sep 04, 2012

Re: Mark Cuban's Role With Mavericks Not Exactly What He Expected When He Sold Majority Stake 

Post#8 » by M2J » Tue Nov 26, 2024 10:59 am

TheCage4 wrote:So he just hangs around now like that annoying co-worker every business has that you simply cannot get rid of.



Still owns a significant amount, not like he's the old gm or something. Still has a voice, but not governor
the_process
RealGM
Posts: 29,121
And1: 10,318
Joined: May 01, 2010

Re: Mark Cuban's Role With Mavericks Not Exactly What He Expected When He Sold Majority Stake 

Post#9 » by the_process » Tue Nov 26, 2024 1:13 pm

Vegeta10176 wrote:
the_process wrote:If Cuban wants to run another team, sell the 27% of the Mavs and buy 51% of the Celtics.


He couldn't afford the celtics..


Maybe. I don't think the Celtics will sell for nearly as much as the league does. But we'll see.
Vegeta10176
Starter
Posts: 2,218
And1: 281
Joined: Jun 27, 2018

Re: Mark Cuban's Role With Mavericks Not Exactly What He Expected When He Sold Majority Stake 

Post#10 » by Vegeta10176 » Tue Nov 26, 2024 1:37 pm

the_process wrote:
Vegeta10176 wrote:
the_process wrote:If Cuban wants to run another team, sell the 27% of the Mavs and buy 51% of the Celtics.


He couldn't afford the celtics..


Maybe. I don't think the Celtics will sell for nearly as much as the league does. But we'll see.


Even if not what the league thinks which maybe your right cuban still can't afford the celtics.. he would need a coalition and maybe he could lead it.
the_process
RealGM
Posts: 29,121
And1: 10,318
Joined: May 01, 2010

Re: Mark Cuban's Role With Mavericks Not Exactly What He Expected When He Sold Majority Stake 

Post#11 » by the_process » Tue Nov 26, 2024 2:08 pm

Vegeta10176 wrote:
the_process wrote:
Vegeta10176 wrote:
He couldn't afford the celtics..


Maybe. I don't think the Celtics will sell for nearly as much as the league does. But we'll see.


Even if not what the league thinks which maybe your right cuban still can't afford the celtics.. he would need a coalition and maybe he could lead it.


I'm not up to date on Cuban's net worth, but it seems to me the guy has billions and he just got a bunch of liquidity from selling like 40% (whatever it was) of the Mavs. I think he could swing 51% at even a 6B valuation if he really wanted to. But I don't think he wants to anymore. He just wants to hear himself talk.

Return to Wiretap Discussion