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

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