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Mark Cuban and the “we’re the champs” legal defense

Jun 22, 2011, 1:58 PM EDT

Mavericks owner Mark Cuban polishes the championship trophy during an event held to celebrate their 2011 NBA championship in Dallas, Texas Reuters

Even in court, Mark Cuban is bragging about his championship. And being damn funny.

Remember that Cuban is being sued by Ross Perot Jr., the son of the former presidential candidate and a five percent owner of the Mavericks. His partnership (Hillwood Center Partnership) used to own the majority of the Mavericks but sold to Cuban 11 years ago. Perot says that the Mavericks are insolvent, mismanaged and Cuban is basically a giant turd. That’s not the exact legal phrasing, but that’s the thrust of it.

Today, Cuban’s lawyers filed papers asking the judge to just say Cuban won the case (Summery Judgment is the legal term). What is the legal basis to ask for this judgement? Here it is, from the Dallas Observer blog (Via The Basketball Jones):

Under Hillwood’s ownership, the team was deemed the “worst franchise” in all of professional sports. 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 Hillwood’s claims of mismanagement lack merit and Hillwood’s claims should be disposed of on summary judgment.

The brief includes a picture of Dirk Nowitzki holding up the Larry O’Brien Trophy over his head with the team around him.

Classic.

  1. readysethike - Jun 22, 2011 at 2:14 PM

    theres probably more to this story that there not telling.

  2. digitalpoo - Jun 22, 2011 at 2:22 PM

    Could you have picked a more disgusting picture?

    • b7p19 - Jun 22, 2011 at 3:32 PM

      Yeah, seriously, is Cuban wearing skinny jeans?

  3. royalsfaninfargo - Jun 22, 2011 at 2:26 PM

    Baseball needs Mark Cuban!

  4. LPad - Jun 22, 2011 at 2:31 PM

    Sounds like the Hillwood group doesn’t like how much money is being invested in the on court product, which lowers their profit margin. Pretty sure, the team’s making money, but not enough in their minds. Maybe, they should go by a 5% stake in the Clippers or the Bengals. One thing about Cuban is that he cares about the quality of the product he puts on the floor.

  5. goforthanddie - Jun 22, 2011 at 4:27 PM

    “Perot says that the Mavericks are insolvent, mismanaged and Cuban is basically a giant turd.”
    Wow.

  6. wlubake - Jun 22, 2011 at 5:05 PM

    Cuban’s pleading actually carries more weight than this article suggests. Hillwood owns alot of real estate around the American Airlines Center that is struggling – really struggling. Perot’s lawsuit is based upon the Mavericks not generating enough interest to get traffic into the neighboring properties (office, retail & residential). Basically, Perot claims that the product isn’t good enough. Thus, Cuban’s argument is perfect: the product can’t be any better than world champions.

  7. pete611 - Jun 22, 2011 at 5:49 PM

    If I am not mistaken the issue is that for a few years now the mavericks have actually lost money. Cuban has continued to do whatever is necessary to put a winning product on the court. He really does not mind losing money on a year to year basis.

    He is smart enough to know that the winning product he has put together has increased in value, regardless of whether or not they make money from year to year.

  8. kilo0986 - Jun 23, 2011 at 12:41 PM

    Perot must be a heat fan

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