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Mark Cuban ‘would laugh’ at $765 million offer to purchase the Mavericks

Jan 23, 2014, 10:13 AM EDT

Mark Cuban, Rick Carlisle

Forbes magazine released its annual report on franchise values on Wednesday, and while only three NBA teams were listed at being worth more than a billion dollars, Mavericks owner Mark Cuban believes that will change in the relatively near future.

Cuban’s Dallas franchise was valued at $765 million, but he’s not exactly accepting that very recent estimate as an accurate appraisement.

From Eddie Sefko of the Dallas Morning News:

“They’re way too low,” he said.
So if somebody showed up with $765 million in his pocket and wanted the team he’s owned since 2000, what would Cuban do?

“I’d laugh at them,” he said. “I think we’re worth well over a billion. I think within the next five years, and this is just a guess, if the economy continues to get a little better and sports still stays in demand, every NBA franchise will be worth at least a billion dollars.”

That’s a little on the optimistic side, considering you have teams in markets like Milwaukee, Charlotte, New Orleans, and Atlanta that were all valued at less than $500 million in this latest exercise.

Dallas is a much bigger market, though, and the new television deal that’s on the horizon for the league may indeed see franchises spike in value. But given Cuban’s passion for the game and the team he owns, we wouldn’t expect him to sell at any price.

  1. jss31 - Jan 23, 2014 at 10:22 AM

    “something is only worth what someone is willing to pay for it” – shark tank mark cuban

  2. davidly - Jan 23, 2014 at 10:32 AM

    The only way to prove it is to show us somebody who’s willing to pay it.

    • jcmeyer10 - Jan 23, 2014 at 10:52 AM

      “On the next episode of Shark Tank Mark Cuban tries to sell his franchise”

  3. sammykbuck10 - Jan 23, 2014 at 12:47 PM

    Is it just me or does Rick Carlisle look like Jim Carrey….

  4. shanelsweet - Jan 23, 2014 at 1:10 PM

    That’s not the point, Mark. It doesn’t matter what you’d take for the team. Think of it this way, if you die tomorrow, that’s about what your estate would get when selling the team to settle your estate. That’s closer to what Forbes is saying.

  5. jayrandle - Jan 23, 2014 at 1:16 PM

    Because of the low evaluation of 100% ownership stake of the Dallas Mavericks valued at $765 Million…I am out said Mark Cuban.

    Then Mr. Wonderful and the QVC lady steps in and team up to buy the Mavericks.

  6. therealhtj - Jan 23, 2014 at 1:43 PM

    I wonder if they’ll let him into the club now:

  7. rave7215 - Jan 23, 2014 at 2:51 PM

    Cuban is right to laugh. The bankrupt Dodgers were valued at $1.4 Billion and forced to sell. They were purchased at $2 Billion dollars. His point is that while valued at that, someone would surely pay more than a billion for it.

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