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Billionaire Mark Cuban quits Shark Tank & sells Dallas Mavericks in space of 24 hours
(www.forbes.com.au)
this post was submitted on 29 Nov 2023
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Something fishy is going on.
I hope he’s using his team as insurance and taking their money to build a mega stadium and buy his shares back
Something is going on in Utah?
I'm guessing gambling, sex crime or the gamer word. Or a combination of any three.
Yeah like he ate gas station sushi and just can’t get out of the bathroom.
Me everyday bro. Every day.
He's running for office, or he's expecting a deep recession/depression where the expected TV contracts are way lower than currently expected
MLB's RSN tv deal bubble popped. NBA will be next, i think i heard that the nba and ballys agreed that they would honor all their deals for this last season to avoid situations like in the MLB where they just stopped paying. but then after that, all the deals are over. or something along those lines. there really isnt a way to recoup all those losses from losing the RSN deals since most of the money that was being paid to teams comes from people who dont even watch sports.
I've been wondering about this for years. The NBA has gotten extremely lucky to be well-positioned to take advantage of macro trends like live sports being the last dying gasp of the cable tv industry, unless they get bailed out again by a tech company who wants to stream the NBA...I don't see how their TV contracts keep going up. The NBA has abysmal ratings, everything has been so paywalled for two decades now that most of us here have learned that you don't have to watch the games to even follow the league.
Who told you this?
Or he about to be exposed as idk one if epstien’s client?
Lasry sold his stake in the Bucks too
They are both smart
Probably the top for NBA valuations
I'd expect teams to be worth 30% less in the next five years
Why is it the top now? Popularity in US hasn't show signs of decline or even stabilization that I know. Same for abroad.
u/LavenderAutist is just bullshitting
Hi.
Cable TV contracts coming up and the ratings don’t pull like football. Ad dollars about to drop.
He thinks streaming is going to really damage the next tv deal. He thinks it's going to be way down and the NBA isn't doing anything to change that.
it feels really sus