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

Posted: Mon Nov 25, 2024 3:05 pm
by RealGM Wiretap

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


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

Posted: Mon Nov 25, 2024 4:15 pm
by TheCage4
So he just hangs around now like that annoying co-worker every business has that you simply cannot get rid of.

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

Posted: Mon Nov 25, 2024 5:57 pm
by moocow007
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:

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

Posted: Mon Nov 25, 2024 9:25 pm
by niha17
what did he think was going to happen LOL. His opinion doesn't matter anymore. Hes not the owner

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

Posted: Tue Nov 26, 2024 1:19 am
by the_process
If Cuban wants to run another team, sell the 27% of the Mavs and buy 51% of the Celtics.

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

Posted: Tue Nov 26, 2024 4:18 am
by Vegeta10176
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

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

Posted: Tue Nov 26, 2024 7:30 am
by Vegeta10176
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..

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

Posted: Tue Nov 26, 2024 10:59 am
by M2J
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

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

Posted: Tue Nov 26, 2024 1:13 pm
by the_process
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.

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

Posted: Tue Nov 26, 2024 1:37 pm
by Vegeta10176
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.

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

Posted: Tue Nov 26, 2024 2:08 pm
by the_process
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.