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Mavericks owner Mark Cuban said he would turn down any offer to sell the team, no matter how much money the buyer proposed. “What do I need $3 billion for?” Cuban said.

By SI Wire
June 30, 2016

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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.

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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?

Cuban: Yeah.

Simmons: Like, would you turn down $3 billion?

Cuban: Yeah.

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.


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