Biz: Mark Cuban sued for sucking at running the Dallas Mavericks
- $273
million amount the Mavericks
have lost in Cuban’s nine years
of running the team - 76%
share amount of the team Cuban owns;
Ross Perot Jr. owns 5 percent, and
he’s mad source
- ยป Why’s he getting sued? Simply put, Perot (the former presidential candidate’s son) thinks that Cuban is putting an unsustainable amount of debt on the team, and that they’ll become insolvent over time. The famously outspoken Cuban, who bought most of the team from Perot back in 2000, has enough money in his bank account and a diverse enough portfolio of businesses to ensure that doesn’t happen, and suggests that Perot is merely looking to get out of the deal.