Mark Cuban Submits The Mavericks Championship Into Lawsuit

In 2010 minority Mavericks owner Ross Perot Jr (he owns about 5% of the team which he sold to Mark Cuban in 2000) filed a lawsuit against majority Mavericks owner Cuban stating:

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, the Mavericks won a championship about 2 weeks ago in case you missed that and Cuban’s lawyers have fired off brief asking for a summary judgment in his favor and it is COMEDY!!!
A few points from the document; “Under Cuban’s stewardship, the Mavericks have become one of the league’s most successful teams and are now NBA champions.”

“Accordingly, there can be no genuine question that [Perot’s] claims of mismanagement lack merit and …. should be disposed of.”


Curtsy to Business Insider