Mark Cuban won’t sell the Mavericks for any amount of money
Dallas Mavericks owner Mark Cuban said he would turn down any offer for his team, no matter how much money a buyer proposed.
Cuban appeared on Any Given Wednesday with Bill Simmons and told Simmons he would never consider selling his franchise, even if someone was willing to pay $2 billion, as Steve Ballmer did when he purchased the Los Angeles Clippers in 2014.
Cuban bought his majority stake in the Mavericks in 2000 for $285 million, but does not intend to turn a profit on his investment, despite the team now being valued at $1.4 billion.
Simmons: Your team was valued at $1.4 billion. I’m pretty sure you’re turning down $1.4 billion.
Cuban: Oh yeah. I mean, I’m turning down anything. But yeah…
Simmons: You’re turning down anything?
Simmons: Like, would you turn down $3 billion?
Simmons: You’d down $3 billion?!
Cuban: Yeah. What do I need $3 billion for?
Cuban’s estimated net worth is around $3.2 billion.