06-30-2022, 11:54 PM
(06-30-2022, 11:48 PM)BoredAssistant Wrote: This is random but I believe it was @dirkfansince1998 who pointed out something interesting to me a couple weeks ago. In this Bloomberg Index, Cuban has lost a quarter billion in value in the last year. Wild speculation on my part, but I think it's reasonable to assume he has lost half a billion in the last 2 years. Also, doesn't he basically have 51% ownership so half of his net gains go to Perot Jr.? Maybe that's why he has cold feet regarding a large tax bill, although that doesn't explain the THJ contract or rise in franchise value etc.
Bloomberg Billionaires Index - Mark Cuban
Would also look at the crypto market. Wouldn´t be suprised if the recent crash really hurt Mark. It´s difficult to come up with a number but the Mavs are by far his most successful and safe investment. The way he has been running the team in the last couple of years generated a big net income. And since 2015 the value of the franchise more than doubled.
It´s pretty obvious that the Mavs cannot compete with financial powerhouses like the Warriors or Clippers. Even with other big market teams. And that´s not a problem. Plenty of teams have the same problems. Problem is that the Mavs continue to act like they can.