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View Full Version : Mark Cubans response to minority owners lawsuit



Kevj77
06-23-2011, 01:10 AM
Minority partners in the Mavericks, the Hillwood Investment Properties, had sued Mark Cuban, alleging that he spent too much money on the team and should have instead paid out to the partners. These were the minority owners who owned the Mavericks before Cuban when the team was one of the worst in the league.

And what did Cuban do? Well, he tried to end the lawsuit against him by using a photo of the team

Check out the links Cuban is hilarious. Minority owners from before Cuban took over claim he should have paid them out more and instead spent recklessly on the team. He fired back with a photo of the NBA champion Mavericks and claimed under Hillwood's management they were the worst team in the NBA.

If this has already been posted sorry.


http://sports.yahoo.com/nba/blog/ball_dont_lie/post/Don-t-sue-Mark-Cuban-right-before-the-Mavs-win-a?urn=nba-wp5375

http://www.scribd.com/doc/58470086/2011-06-22-WC-Mavs-and-Radical-Mavs-Mngt-MSJ

FuriousJatt
06-23-2011, 01:21 AM
lol i just read this on yahoo. cuban is a funny guy

MacFitz92
06-23-2011, 01:27 AM
He's right. :shrug:

Kevj77
06-23-2011, 01:31 AM
Of course he is right Mac, it should get thrown out of court. I just admire his sense of humor about the whole situation.

NetsPaint
06-23-2011, 01:40 AM
haha That's great.

MacFitz92
06-23-2011, 01:50 AM
True. He gave a picture of the Mavs holding the O'Brien Trophy in his argument or w/e, lol.

Bruno
06-23-2011, 03:17 AM
Good. go cuban.

Anilyzer
06-23-2011, 04:58 AM
Check out the links Cuban is hilarious. Minority owners from before Cuban took over claim he should have paid them out more and instead spent recklessly on the team. He fired back with a photo of the NBA champion Mavericks and claimed under Hillwood's management they were the worst team in the NBA.

If this has already been posted sorry.


http://sports.yahoo.com/nba/blog/ball_dont_lie/post/Don-t-sue-Mark-Cuban-right-before-the-Mavs-win-a?urn=nba-wp5375

http://www.scribd.com/doc/58470086/2011-06-22-WC-Mavs-and-Radical-Mavs-Mngt-MSJ

Now they'll want even more money disbursed to them, because the team is a champion. And now it will cost even more to buy them out, because, again, the team is a champion.

They just want as much of the profits as they can suck out and they don't care about how good the team is. Bad case of leeches.

But... as long as Cuban has executive control of the team (which he does) and as long as he can show that the team is doing well and succeeding (it is), then they don't have a good case. It is just a difference in philosophy, of whether they should spend money to have a good team, or just suck money from the TV deal and give it to the partners (ala Donald Sterling of the Clippers).

They will literally have to say in court that they don't care about winning, or winning titles, they just want a bigger slice of the team revenue to be cashed out to them--probably because the recession is hitting them hard, and all their other investments suck.

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06-23-2011, 06:41 AM
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gaughan333
06-23-2011, 12:24 PM
Owners like them should not be allowed to own a professional team

Sly Guy
06-23-2011, 02:41 PM
Owners like them should not be allowed to own a professional team

lol, the only prerequisite to being an owner is having deep pockets. What the depth of those pockets go towards doesn't matter in the slightest.

KnicksR4Real
06-23-2011, 02:56 PM
go cuban. biggest swagger

MoBASS
06-23-2011, 03:04 PM
If this has already been posted sorry.

Every other new thread on PSD includes an apology.. lol. No need to apologize people.

gaughan333
06-23-2011, 04:43 PM
lol, the only prerequisite to being an owner is having deep pockets. What the depth of those pockets go towards doesn't matter in the slightest.

I know, which sucks for a lot of fan bases.

avrpatsfan
06-23-2011, 04:48 PM
Lol Cuban is awesome.