OFFICIAL AROUND THE NBA MADNESS: MARCH 2025

Yeah, he bought the team in 2000 for 285 million. He sold for 3.5 billion 23 years later.
He could have lost 100 million dollars a year ever year he owned them, and STILL made almost a billion dollars profit. Boo fucking hoo.

 

And does the still own 49%?

 

He's got a point. Why is anybody blaming Cuban for dealing Luka?

 

just running thru an interest calculator as if he would have plunked the 285M in relatively safe stock market investments with an annual return of 7%, he would have only had about 1.3-1.4B after 23 years. But that doesn't account for his remaining equity

if he still owns 27%, then the actual value of the Mavs is 4.8B; meaning he still has a 1.2-1.3B stake in the franchise. So his annual rate of return is around 13%

you also have to be real cynical about these rich fucks babbling about their losses. Buildings and facilities can depreciate in value over time. But quite often the depreciation schedules for property are actual shelters against taxation. Somebody can, on paper, 'lose' money because of depreciation losses, but they are actually pocketing tax-exempt cash flow, then declaring a loss on their books....even though they made money and bought a 3rd home; and a 2nd mistress, with the cash the IRS couldn't touch

there are other ways to pocket profit while legally losing money. Cuban could have paid 10M for a new scoreboard. Then use a 5 year depreciation schedule for the cost, losing 2M/year according to the ledger, pocketed 1.8M, and still be able to claim he lost money

 

Our civilization is just not well these days...

 

I've always said this. Kersey could've been our energy guy off the bench.

Same thing as why we didn't draft Jordan because we had Drex at the 2. Maybe Drexler, who played more like a SF than a SG IMHO, wouldn't move to the 3.

 

Indirectly maybe. It's arguable that he should've never sold his share of the team. Let alone the horrible people he sold it to.

 

He made a decent move for himself imo. Equity firms will control much of pro sports in time, and yes he's still a fan and owner of a significant piece.

 

Damn... Capitalism is a love story...

 

SGA playing late in a blowout

 

Kings lost....Mavs winning (not so fast!). Blazer play-in hopes fading

if Blazers lose to the Knicks tomorrow, because of tie-breakers, they'd be 5 games behind 10th seed with 7 games left. Not much light at the end of that tunnel. Portland would be smart to shut it down. But will they?

 

Portland being smart is always a tall order, but if you look at the injury report, there is a chance they are doing it

 

being smart entails no more wins and getting the best odds in the lottery. we really should've tanked much earlier but here we are.

 

You’re right

 

Cuban might possibly have been the best owner in the business for quite some time. He was certainly the best owner the Mavs have ever had. Totally agree with his take here on this. Why anyone would try to blame him for the Luka trade is beyond me. More so than that, I can remember many many times reading on this board and others people wishing they had an owner as invested in the team as much as Cuban.

 

He addressed that though and I can totally understand that as well. Protecting your family from the social hatred is a valid reason. I lived this at one point in my life. Obviously not on that level but I made the same decision.