Why Did Mark Cuban Sell the Mavericks?
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- Опубликовано: 2 окт 2024
- Mark Cuban was the last NBA owner people thought would ever sell so it was a shock he did so while having a legend like Luka Doncic on the team. Many fans thought there is more to the story and they were right. This is a look at why Cuban really sold his most prized asset.
My dad just texted me that he loved this video. It's the first time he's ever done that. 😆
You killed it brother!
First video I liked of yours too
Well, I thought your content was silly, but after this video, I subscribed. Do more like this.
Hey atleast you got one.
Most of your videos are slightly childish.
Mavs fan here. This is the best video you've ever done. This is the type content you should be making - not the reality show fodder variety.
Finally people start to speak up about how lame the videos have become.
Casey is capable of a lot smarter and unique content as he's shown in the beginning.
Though there have been better videos in the past.
RUclips makes creators take The form they want. Great vídeo by The way
Thanks?
@@AMHoopsback handed compliment ?
Basically everything Cuban has made has been off of bubbles. .COM bubble, NBA bubble, NFT bubble, Crypto bubble...etc
this is actually some decent journalism
I bet there's a few insiders at ESPN and Fox sports who probably know this is a thing but the league and the networks are trying to keep it quiet.
Steve Ballmer is spending 1.2 billion dollars for a new clippers arena. the family who bought the mav's are 33 billion dollars. Billionaires are pouring billions of dollars into the nba and yet they have no clue the league is in trouble but somehow yall and people who do internet shows no more about what's going on they actual billionaires who are spending their money. Yall cant be this slow!!
ADAM SILVER AND THE NBA PLAYERS ARE LAUGHING AT YALL. THEY HAD RECORD REVENUE AND PROFTIT LAST SEASON AND THE CONTRACTS ARE GEETING BIGGER AND BIGGER. WHEN THEY GET THEIR NEW MEDIA RIGHTS DEALS THERES GOING TO BE EVEN MORE MONEY GIVEN OUT.
Fax
YOOOOOOOOOOO AM HOOPS
CHECKI== IT
I VOTED FOR IT
I VOTED FOR BREXIT
AN INTERNATIONAL EXIT
MIGUEL COTY SO FLOATY
MIGUEL COTY SO FLOW ANTONIOTI
Old information. But video put together well
He sold so can keep the upside of playing NBA My League but without the financial repercussions or pressures.
Yes
Can't blame him for it, the buyers could've said no
I just dropped a video on why Bronny isn’t NBA ready, feedback / support is appreciated 🙏
ratings are down, interest is down, yet somehow the player salaries and team values keep going up. reminds me of the housing bubble.
last time Cuban sold a company for billions, it imploded shortly after and single-handedly sunk the buyer, yahoo.
Bingoooo. Not rocket science. (Not sleighting you, I just think you’re on the money)
Yup. Conservative Twitter has been hypothesizing this for a while and..... I'd say they're onto something. The NBA IST was a way to generate in-season buzz and ratings, but ratings were only up 4% for that. The new NBA media deal isn't gonna be all that great
Careful about saying this...they might call you a right wing conspiracy theorist LOL. But this post is so spot on.
Streaming doesn’t count towards traditional rating metrics.
Opposite, rates high value down, rate low value up
If the NBA actually made the games easy to watch, and not always nba league pass, the ratings would go up
Also the China market is down a ton from previous years so viewership is way down in general. Also with the sitting out of stars doesn’t help too.
All true. They made watching it at home too inaccessible or difficult to watch to most of their fans internationally. It's also turning off their main base fans in the USA since the game is so soft and competition from players are generally being questioned. I get it, no one liked games where teams could barely score 80pts. But when 140 point games become frequent, it also dilutes the experience. Then the all star games have been garbage. So the NBA has become a product that is still watchable but all the signs are there that it needs immediate course corrections or otherwise there will be a bubble.
@@ig_BLJHsportsits up 16% from last year and people just consume sports differently now like streaming
NBA needs to quit blacking out games.
Also need to figure out a way to get televised games into League Pass.
I personally, would pay a 2-3$ per game of those I wanted to watch. NBA could split those profits with networks & we'd watch/hear ads.
They lost more people going political than anything else
Mark Cuban has been a high caliber finesser since the 90s. It doesn't surprise me that he knows how to excel at an exit strategy
Big facts
Its definitely something bigger going on behind the scenes
I think you need to look up the definition of finesse. Cause hes clearly a smart businessman. You on the other hand 😂😂😂 nobody
Finesser or financier? (sincerely)
@@holeefuk413 Well if he made 3.5 but loses 5 bill in the lawsuit. Not that smart. And yes it looks like he should.
Dude is so shady... Not for selling the team. But for all those crypto scams. =(
There's not a single billionaire that isn't super shady. Nobody has ever made a billion dollars ethically
Theres no such thing as a ethical billionaire.
@@darronwilliams4641
Warren Buffet???
@@milomaher1582 I knew dude was too rich to be that nice.
If he fleeced Adelson/Sands with the Mavs sale i'm all for it. He can't be shadier than them.
cuban winning a lot since he still pretty much control the front office & roster but have less financial risk as the minority owner
Respect for Texas that gambling is actually illegal. Hope they won’t change that.
It's the buckle of the Bible belt they will never do that
Cuban being a scammer is a bit of heartbreak
Why? He seems like a nice guy sometimes but he's a billionaire dude.
You're shocked a billionaire is a greedy scammer? Are you surprised when the sun rises every morning?
Really?
@@gwenzhead566 i’d like to think not every billionaire but Mark really do be proving us wrong
That is how rich people become rich.
This video should get billions of views. Love the content!
This is excellent content, Man you can create your own network
as someone who lives in Dallas, MANY people go to the border of Oklahoma for gambling I think this is going to happen within 3 years
very true. both Oklahoma and Louisiana
so I am no American (just an economist), feel free to take it with a grain of salt but a question: What is many? What are the proportions of travel we are talking about here?
Doesn't that still mean that it takes a LONG way to Oklahoma? I mean I do not know the exact proportions but Texas is an enormous state is it not?
Because if it takes like 500, or maybe even 1000km (don't know what that would constitate to in miles and don't care, truth is metric is the best) that would already restrict the poorest Texans from gambling by not being able to cover the costs for these long trips would it not? And if that was the case that would actually be beneficial to Texas as a whole because those mostly in danger to gambling addictions are the poorest people of a society... otherwise this in turn creates a self perpetual cycle of creating more and more misery leading to the continious loss of capital of the state citizens in favor of an industry that abuses human psychology but what do I know... let's see if it makes a difference. Let's see if the state continues to prosper over the long run from it, given the fact that they had to pay 3 million to even allow it, meaning politicians who should be happy about more jobs opposed it for obviously better reasons, I doubt it...
@@s0uldr4ke I ain’t reading allat, but I know a lot of people who drive 5 hours to Oklahoma to do gambling at winstar casino, feeding into Oklahomas economy, instead they could be gambling in texas, feeding into the texas economy
@@s0uldr4keyip yap ion give a flap
@@s0uldr4keyou have forgotten how greedy America is. We want 100 billion to be sent to others but fuck our own people.
How Adam Silver got an extension after ruining the NBA is crazy….he has single handedly made the NBA soft and therefore people have lost interest….there is zero competitiveness and aggression and Silver made sure of that through the refs…
AM Hoops, you do exceptional work and you can tell you put in a lot of effort. Also, the uniqueness and delivery of your content are both superb. Thank you for your work. I am hospitalized and your content is one of the reasons my days are bearable.
Thank you A.M. Hoops, this is gold. For all his reputation as a “relatable ordinary man” Cuban is nothing but a charlatan. He got lucky 30 years ago being at the right place at the right time. His genuine passion for basketball was his only strength, and it carried him for the last 20 years, along with the media attention he received through interviews and reality shows, like he is some kind of intelligent man. Clearly it got to his head. It saddens me as a long time Mavericks fan to see the inevitable end of this franchise, I hope casinos never get legalized in Texas for the wellbeing of everyone who lives there, and I hope the evil Adelsons take their investment back to Vegas or Israel. That’s the big vision of the visionary Cuban who has zero clue about anything, the man is so disconnected from reality as is most of the Sports world.
its not the man just capitalism.... its how the world works
Freedom to have your children assassinated at school, no freedom to play Texas hold em in Texas... Your country is a joke brother
@@toml6535 idk i mean him promoting blatant scams isn't capitalism its a crime. its like saying the FTX collapse (which mark spoke in support of btw) wasn't SBF's fault for misappropriating customer funds, it was capitalisms fault🤦♂
The nba has become about pop stars moving around not competition. Nobody cares about winning really, only a bit in the playoffs.
It's entirely about gambling/money. There are 2 big casinos right over the Red River in Oklahoma. Hour north of DFW. Most of clientele are from DFW down to San Antonio. TX is huge and rich and filled with sports nuts. The proceeds from say a dozen casino's with sports books would be nuts. If anyone can convince the legislature to turn on this spigot is going to make a fortune. Mark Cuban is one of the guys who can do it. The new owners run casinos.
Easily the best video I've seen from this channel. Outstanding!
I always come here to get the real scoop! Good stuff as always
Excellent video. A.M. Hoops you are definitly not just another NBA channel, your reports are consistently high quality
Appreciate that
I love al the types of videos you do... A little for everyone is better than alot for one.
To be honest you're videos are unique than other nba cover, it's like an mini documentary and waiting for videos everyday.
This is a really nice take on things. I'll elaborate a bit more. Many people forget that besides being a sport, the NBA was also always entertainment TV. Up to a point whatever choices the head of the NBA made most of the time seemed to be the right ones. Like investing on your superstars, and making the coverage available to the whole world to watch it. Everything was great; amazing even. Then something happened, that usually means trouble for any company. The money became TOO much! Most of the times (maybe not always) brings greed with it. Maybe it's from the founding members or maybe it's from the newer investors. The NBA's problem the last decade+ has been GREED! They try to hide it as best they can, but those who follow the sport have noticed it as well. It seethes from every corner, through the decisions they make.
For example, the players have always protested against the - basically slave labor - that is 82 games + offseason games. Their bodies can barely take this abuse, and they're right. I personally don't know of any other sport in the world that abuses it's players like this. Can you guess why the management is so adamant in not changing this? Then there's the officiating. "People want fast paced games, because they get bored with real basketball". Solution: every kind of contact is a defensive foul. Everybody gets a score! Good ratings! Good money! Mmmmm! (their assumption).
Next... have you ever noticed how the officiating in games is not at all consistent? Yeah? It's not because they suck. And you'll notice this become most evident during the playoffs. The playoffs bring HUGE money to the NBA, and they, for sure as hell, don't want your clearly superior team, playing ONLY 4 GAMES with each opponent. Nooooo, they want that cheddar... So how do they solve this? Well, the officials ( you know the "judges" that are eployed by them) can fix it for you. They are the actual 6th player. And they hold a lot of power. They can rig your game to go anyway the higher ups want it. Most players are afraid to say this publicly because they might lose their job, but some have done so.
These are some of the things that manifest because money is more important than the NBA. But now it has gone so far that people are starting to notice. This kind of "sport cancer" isn't visible, but long time viewers can feel it. The grand life that is being an NBA player is just a glorified prison, built on the dreams of young kids, some of which (if talented enough) will someday be able to see both, a lot of money in their hands, and their favorite sport being abused.
65 is too old to be a crypto bro
Gambling in sports has very very quickly gotten out of control. I was all for it four years ago, and I couldn't have been more wrong. There is nothing more obnoxious than seeing an ad for sports betting on every single sports video I watch, as well as the actual NBA.
Seeing an ad for sports betting every 60 seconds is frustrating, annoying, and predatory to say the least. Would be different if it was once in a blue moon, but the NBA clearly has some sort of deal going with the brokers, or else they wouldn't allow this. It has quickly become disgusting, and I don't appreciate it being jammed down my throat at literally every opportunity they get. PLEASE stop.
Wanna watch a game with a friend? "Hey bro, who gonna win tonight?" Followed by a wrong or even right prediction, and the entire fucking game being ruined as they stare at their phone to see if their parlay hit. Please stop the total degeneracy.
It would also feel a little bit less predatory if the NBA weren't investigated by the FBI for rigging games due to gambling, which you have made several videos about...
Legalized gambling being popularized and pushed onto the public is an indictment on this country's complete moral collapse.
Cuban sees the writing on the wall. Fans are disgusted by the diva attitudes of the players. They have been spitting in the face of the fans by resting and demanding trades. Silver has no backbone. The players need to be humbled
Ratings would skyrocket if it was as easy to watch as the NFL and maybe just two games a week per team and make them count WAY more by having like a 50 game season.
Now as a die hard, I like having a game every other night. But casuals would watch way more if you had games on like Thursdays and Saturdays only.
Good job Casey, this was great
The nba is loosing ratings because of their whole politics. Turned many fans off.
Go woke, Go broke!
I've been predicting the TV deals were going to go south because of cord cutting. Cable doesn't have the money to fund these sports at the levels they are used to, and no league is setup to handle decreasing salary caps. I just thought the NHL would feel the squeeze first.
The NHL has already felt the squeeze. For about 20 years, actually.
@@dohpe- Their cap hasn't been decreasing from what I see. Their TV deal is a weight around their neck though. Fans have a hard time watching their home team if they don't have cable.
I have a league pass subscription but I won't watch a regular season game, only playoffs. I am not interested in seeing lackadaisical defense, refs going on power trips and players doing shady af moves to get free throws. At least it's a little bit exciting during the playoffs when there are stakes involved for the players.
It’s extra funny because Cuban has done a lot of the damage
ratings for television in general has collapsed. average neilson ratings in 2008 was 8.7 million and in 2023 it was 5.0. everything is moving from television to some sort of platform which some are accounted for and others are not. in the end the new television rights will probably not be the 75 billion it was projected to be but still be substantially higher than the 24 billion. likely somewhere in the middle of 50 billion.
Today's watered down version of the NBA becomes hard to watch. Almost no defense allowed, a bunch of self-obsessed crybabies on the floor, too many game interruptions due to free-throws and commercials, it's a recipe for disaster. Cuban and Jordan, among others, are smart for selling now.
Online gambling platforms need to be outlawed shit is dangerous and honestly a horrible horrible thing.
There is going to be reckoning soon
Players power have gone unchecked.
they are taking 50% of all revenue before the business even pay for other expenses.
Players are the business
The players stand on business
Its hard to watch NBA when no defense, travelling/carry, illegal picks/screen and flopping is being done by Superstars! NBA is soft and no basketbrawl well its SUCKS!
It could be that they know something catastrophic is likely to occur relatively soon and the insiders are trying to liquidate anything that's not a hard asset.
This didn’t age well. New tv/media deal is 11 years $76 billion, tripling the 10-year $24 billion of 2014.
great video bro!! can your next one be on the suns??
Posting this comment minute into this videos upload is wild 💀
So hard to watch NBA anymore lol I’m not paying extra to watch NBA. Pass I’m old so I’m used to it being on regular tv for not additional cost.
When Chamath Palihapitiya sold his stake of the warriors I knew he knows something and it isn’t good. Then when Cuban sold his majority stake, it solidified my suspicions. The NBA is in for rough time post Curry and Lebron. Unless Wemby emerges as the savior
Mark Jewban. I heard he's going to buy the Clippers. Then change the name to the Coin Clippers
Shout out to the international man of mystery, sneaking into a shot there with the commish'
When woke Mark Cuban is selling a woke NBA team, you know something is up.
Casey, this is why I subscribe!!!
NBA is boring to watch. It’s like 2K. Basically a 3 pt contest at this point. No fouls, no defence. Is there any legalized gambling/casino bills pending? wouldn’t it take longer than 6 years to pass that kind of bill?
thank you for highlighting the facts. and not saying that the nba is at its best ever when its really not. if the nba wants to survive they need to fix the product. favor defense, make players play the game, stop the refs, make player not be big softies. bring back the good ol nba
1:28 Steve Ballmer's net worth is higher than the next 10 in the list COMBINED😮
Maybe the reason the ratings are going down is because the play way too many games in the regular season that it gets tiring for the casual viewers. I think it would be better if they have games and schedule like soccer in europe. Where they play on weekends hence you can promote the games during the week. Plus more people would be watching on weekends
True but the most contributing factor is that watching from home has become too expensive. Too many regional blackouts. With prices of other things going up as well, prioritizing a luxury, which the NBA has become, has contributed to people staying away from it on a regular basis.
The weekend is ruled by NFL and College Football. Their ratings would go even lower. Just make it M-W-F and reduce the games to 50 and playoff to best of 5.
@@winterflakes101 they could do that before superbowl, and then go to weekend after superbowl.
@@thunderpeteii there's NFL game every Thursday, Sunday and Monday
PEOPLE ARE NOT WATCHING TV THESE DAYS SO YOU CAN'T COMPARE TV RATINGS FROM 90'S ERA, PEOPLE NOWADAYS ARE ON STREAMING APPS
Great stuff. Keep it up. Genuine damn journalism.
games also used to be on free tv. blackout laws are stupid af too
Damn came for an NBA video, got a Coffeezilla video instead! Seriously scamming your fans for that crypto money....
Part of it is he knows NBA as a money earner has past it's prime...
Maybe because his co shark tank hosts getting richer he doesn't want someone get on top of him so he sold and just boost his net worth with that 3.5 Billion.
Great video. All your videos are good, but this is one of the best. Not just NBA, but also (sketchy) politics and economy.
Thanks, and keep up the good work!
Casey
You just keep getting better and better my friend... keep the great work up man. AM Hoops #1 NBA Content on RUclips 💯
Michael Carrozza
hi! love your vids
Shark isn't the Govnor, That was reported widely but his official position is Assistant Governor. And his Official Boss (Not the owner) for the first time was sitting front row last game.
Dude finally has a boss and he's finally gonna be judged for his actions(instead of letting PR GM's take the blame)
TV ratings could also be down because everyone watches sports through illegal streams…
if it was true the other sports would be affected as well, but nfl, college sports, tennis, football in eu and mbl are fine.
In Australia we are able to live stream nba match's on gambling website, I wonder if these count for rating
Then how come TV ratings are still rising in alot of other sports and for example important champions league games still get several hundred million viewers ?
I watched NBA games on illegal stream once or twice trust me its a fking pain in the ass with the amount of ads and viruses and if it ever gets too popular NBA takes it down. If anyone who could pay for it watched illegal streams they would just pay to watch it legit i doubt pirating affects them much
Even if this is true(It's not) That does not benefit the NBA in anyway as those are undocumented viewers.
When golf and tennis ratings are better than the NBA, somethings not right.
Excellent video. More of this please!
There's no way that there was 90 more viewed football games than the SB...
Bros old, made a bag and won a ring. I think he’s pretty happy
He sees the product's future and it is going downhill so he decided time to get out now.
Cause LeMao James ruined the NBA
Great video!
Content like this is the reason I subscribed to this channel originally. Good video man. 👌🏽
Do you know why he's not behind bars it's because he is from the small hat tribe
I have not been to an NBA game in 5 years. The last NBA game I watched on TV was the 2019 NBA finals. I dropped my cable subscription and just stream movies and shows on Netflix, Hulu, HBO and Prime.I figured out I have better things to do outside and don't want the distraction. My interest in NBA basketball is nearly gone and I don't see it returning. The NBA product has dropped off in a major way and I think Cubian knows once Lebron retires there will be a major drop in people caring about the product.
Yeah. Was huge nba fan. Lebron has made the nba worse in my opinion.
If Cuban wants to be a RUclipsr he would beat Mr Beast
Too much stressful work
Three were 93 million cable subscribers paying monthly fees for ESPN, TNT and it was bank. Now 60 million and more cutting the cord. Cuban sees this and teams won't be worth as much money. The team will be a loss leader for the Casino. Great move.
Video should’ve been about the trade dallas made at the deadline but it came out to be the entire team getting traded to new owner 😂😂
Luka and the Mavs will not get respect until they simulate another WCF-esque run unfortunately.
It's not an uninformative video but dude is clearly a Mavs and Luka hater. Just look at his recent videos. Never anything positive about the Mavs despite lots of positive changes to the team 😅 very Tim McMahon-esque
Doesnt help all the games are locked behind pay walls and you need 8 different services to watch them and still not have access to your local games.
Great research bro
Appreciated
You wanna know why the ratings keeps going down? The lack of refs accountability. Have a rule that lets the refs gets fined for a bad call on a close game, get them interviewed by the media after the game and fix the overall officiating. With this it might raise the nba ratings.
Cuban is always ahead of the curve.
And always fos
Insider trading, ahead of the curve, same thing 🥸
I don’t think we need to overthink this as “shady”. The families that bought the team have the deep pockets needed to provide the Mavs the infrastructure needed to compete in the modern NBA. He can still run the team and make decisions, which is his passion. If he did get out of his crypto investments on time as you claim then money shouldn’t have been the issue… he would have more than triples his gains with Titan alone.
This was informative and good journalism!
Tv vs streaming. Competition in the streaming space is high keeping the price low. Streaming companies don’t mind taking a loss since it’s still in its infancy and fighting for position. TV is keeping prices inflated to stay afloat. The bubble will burst once TV dies and the streaming company has to sustain the price of the content. Streaming prices will skyrocket or content will stop being made.
they r selling NBA teams because the new media rights deal is coming up and the old aboutmtomexpire...and if u look at viewership last finals has been 5 mill ..which is cut in half since 2010 finals that had 10.6 mil viewers ....thye r cashing out before teams lose value...thats what they get tho for having Lefraud James the face of NBA
Saw Bill Simmons theory this morning for Cubans team management strategy. That was the cherry on top of this.
Great stuff. Thank you!
Great videos as usual Casey!
You should do piece on Adam Silver you'll find a lot of interesting things about the NBA commissioner that a lot of people don't know nothing about or being kept low key.
Also the companies won’t bid separately but works together to curb the inflation of exclusivity. This makes only 4 big bidders on the sports market as a whole and they will protect each other because they are all under pressure to create profit rather than to expand.
Mark is your typical democrat. Ruin everything before you give it to the next
and Dallas will win this year without CUBAN as majority owner
HAHAHHAA
Cuban thinks he's a super hero but we all know they dont exist
Cuban is brilliant to be getting out at the perfect time. Except he didn't totally get out, he still owns 27%. Shrewd move.
Only watching basketball highlights.. only watching playoffs these days n keeping updated from programmes on social media
Well done video. Been thinking about this as Mavs progressed through the playoffs. I know he has a son so I was thinking it could be more nuanced. Maybe he didn’t see his son having aspirations to be the future owner and seeing what happened with the Lakers after Jerry Buss passed away with Jim Buss before Jeanie had to right the ship. If I interviewed Cuban I’d ask him if what he saw happen in LA after Dr. Buss passed away factored into his decision not to keep the majority of the ownership for his son to eventually take over.
Isn’t Cuban being sued for woke DEI hiring currently?
Dei is wrong but népotism is the American way? Asking for a freind.
Aint that crazy? Already a billionaire and still scamming people. Like what more do you want
The NBA is going down the crapper. All the empty seats. Nobody cares. NBA blows.
The dude is a DEI grifter on top of it all, seems you can look anywhere in Mark's life and see scams
Quietest sell i ever seen--something aint right
Maybe because every channel has its own subscription, not like the old days. I can barely watch the games on regular tv..abc, nbc, fox n so on
great video, good research with the nfts
He sold because this is the start of the crypto bull run. And that $3 billion can become $50 billion by the end of the bull run. I'd have done the same.
yea Cuban is gonna put 3 billion in crypto so he sold the team😂
@@冬甩賓治 That's not that far fetched. All he has to do is put it all in Bitcoin and he'll get a 2-3x, 4x by the end of next year. If he puts it in ETH, he can get a 4-5X. If he chooses to be a bit more speculative, he could get a 30-50X. It doesn't have to be all high risk investments. Bitcoin, ETH, Solana are relatively stable and will give him multiples on his investment.