Mark Cuban’s Mavs sale signals big change for pro sports franchises
Contributing columnist, The Washington Post
January 17, 2024 at 12:01 p.m. EST
Mark Cuban, the former majority owner of the Dallas Mavericks, is many things. But when it comes to how America’s lucrative sports franchises are changing, he is the canary in the coal mine.
Cuban is a technology entrepreneur who started an early streaming company and sold it wisely, just before the dot-com crash, for billions of dollars. He’s a measured commentator on X, formerly Twitter, with nearly 9 million followers. But Cuban is most famous for his role as the astute investor on ABC’s “Shark Tank,” where his assigned, made-for-TV role is to crunch numbers fast and be among the first of the sharks to step back from a risky deal.
So, Cuban is nothing if not shrewd. Continue here