Author: Mark

Thursday, 23 June 2011

Mark Cuban Submits The Mavericks Championship Into Evidence In A Lawsuit

Mark Cuban urinal trophy

A little-known subplot of the Dallas Mavericks rise to the top is that Ross Perot Jr. – a minority partner in the club – is suing team owner Mark Cuban.

Perot sold the team to Cuban in 2000 (while keeping a 5% stake), but recently claimed that current ownership has mismanaged the franchise and failed to maximize profits for the shareholders (i.e., Ross Perot Jr.)

Perot called Cuban "careless and reckless" and asked a judge to seize the team from him and place it in receivership.

Well, earlier today, Cuban's lawyers submitted a brief asking for a summary judgment in his favor. We have to admit, the evidence is pretty persuasive.

Check it out. (Legal documents via the Dallas Observer via Deadspin/TMZ)

THE BACKGROUND

mark cuban legal filing page 1

THE EVIDENCE

mark cuban legal filing page 1

Accordingly, there can be no genuine question that ... claims of mismanagement lack merit and should be disposed of...

CASE CLOSED!

mark cuban legal filing page 3

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EPIC TEASE: Mark Cuban Says He’d Be “Very Interested” In Buying The Dodgers

mark cuban sportscenter nba finals

Mark Cuban is on a hell of a roll right now.

But could he possibly take that roll to another level and buy the LA Dodgers?

“If the deal is right and they’re fixable, then I’m very interested,” Cuban told TMZ.

“Very interested” sounds intriguing. But the tone of the conversation wasn’t 100 percent serious, and Cuban had a bunch of reservations.

He's worried about the financial state of the club.

“It’s just a such a mess, right? I can’t imagine that it’s such a mess that it’s [not] going to make it hard to turn around," he said

And he's worried about how the franchise is structured.

“[Dodger's owner Frank McCourt’s] got his parking lots and he’s got this and that, all these sub-corporations. So who knows what’s included.”

Another problem is that MLB doesn’t seem to want Cuban to own a team. Which is dumb because Cuban in LA without a salary cap might make the sports blogosphere explode.

It doesn’t seem like this has a realistic shot at happening. But if there’s even the slightest of chances, we should all go ahead and get our hopes up.