Categories: The GM's Suite

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

Jill Munroe

Jill Munroe is a Los Angeles-based host, producer, and writer. You can find her work on sites such as FoxSports.com, EURweb.com, and MSN.com. Munroe is a current member of the African-American Film Critics Association and the National Association of Black Journalists. Munroe has also been a frequent guest on ESPN radio and Yahoo Sports. In 2015, Munroe released her first book, "PostGame Pass: access into "the life" JillMunroe.com

Share
Published by
Jill Munroe

Recent Posts

‘Reasonable Doubt’ Season 2 Hulu Tackles Friendship, Power & Secrets | Exclusive with Raamla Mohamed & Emayatzy Corinealdi

Hulu's *Reasonable Doubt* highly anticipated second season delivers a complex mix of courtroom drama, personal…

1 month ago

Frasier Reboot Season 2: How Olivia, Eve, and Roz Redefine Strong Female Characters | Watch on Peacock

The *Frasier* reboot on Peacock returns for its second season, bringing back the beloved character…

1 month ago

Puff Daddy, Hugh Hefner, and 70s Rock Icons: Two Sides of the Same Coin?

The lifestyles of music and media moguls, from rock stars of the 1970s to hip-hop…

2 months ago

Zoë Kravitz on Directing ‘Blink Twice’: Exploring Paradise, Danger, and Feminist Themes

Zoë Kravitz on Directing 'Blink Twice': Crafting Tension in Paradise Zoë Kravitz has stepped behind…

2 months ago

Diddy’s Explosive New Lawsuits: Drugging, Assault, and Voodoo Tattoo Connection

Sean "Diddy" Combs has found himself at the center of a storm, with new allegations…

2 months ago

“Seeking Mavis Beacon:” A Cultural Icon Who Was Never Real

The mystery behind Mavis Beacon, the face of the beloved 1980s typing software, has intrigued…

2 months ago

This website uses cookies.