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12 May 2010 20:28

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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.