Mark Cuban claims that he has lost hundreds of millions as a mavs owner

Mark Cuban To Sell Majority Stake In Dallas Mavericks At 1,128% Gain

Since Mark Cuban sold the majority share of his Mavericks to the Adelson family in December 2023, he has been brutally honest about his experience with running the club, and critically about the decisions the club has since made. He even thought he would be in charge of operations, but that role was spent on Nico Harrison.

After the surprising trade of Luka Doncic from Dallas, Chaos was imposed for the team. A recent Facebook remark of a MAVS employee criticized his role in the organization, and he went full throttle against the comment and reminded how owning the franchise was never financially meaningful.

“You didn’t say a word when [your bonus] appeared in your account. Do you have? It certainly looks good when we reached the final, right? “The famous billionaire answered the post of the former employee about how he should have run things in Dallas.

Mark then added: “I did all the damn thing that I could do for 23 years. Keep the prices lower than not just an NBA team, but also lower than college teams. I had more than $ 2 tickets for several years. When I was sold there were always 4K tickets under $ 29. I earned money I was the multiple owner.

“Lost hundreds of millions of dollars. And you kept gathering your salary. So my dirty dollars did not get that 23 years out of you. Or when you got your check every two weeks. Or when you got your bonus.”

Cuban gave bonuses to the employees of the Mavericks when he sold his majority share to thank them for their time. “Go back to what I said when I sold the team,” he remembered. “I didn’t want my children and family to deal with people like you. I honestly became the growing number of fans who were poking on social media.”

The billionaire said that the Facebook remark was just confirming that he was right to sell his share. “People exactly like you. I paid your salary. I paid you a bonus that I didn’t have to give you,” he assured. “Nico and the new owners do something that none of us liked and you decide to try f – with me. Thank you for confirming that I have made the right decision.”

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