Published On: Mon, Jan 20th, 2014

Mark Cuban Gets Hit With His Final Fine From NBA Commissioner David Stern

Cuban, owner of the Dallas Mavericks, has made no secret that he hoped to get fined at least once more before Stern retires on the first of February.

Dallas Mavericks v Utah Jazz

Mark Cuban / Getty

It’s not very day that an NBA franchise owner gets a smile on his face when he gets hit with a $100, 000 fine. But that’s exactly what happened when larger than life  Dallas Mavericks owner Mark Cuban  got slapped with a six figure fine  for his actions and words aimed toward referees following Wednesday’s evening’s  game against the  Los Angeles Clippers during the second half in the white hot atmosphere of the Staples Center in LA.

Cuban uncharacteristically lost his cool at the match officials after he saw  his team throw away what looked like an unassailable 17-point lead with just  five minutes on the clock, eventually losing 129-127. Particularly upset regarding a foul given  against  Maverick’s Shawn Marion on Jamal Crawford, which resulted in  Crawford making the   match winning free-throws, Cuban complained just too vociferously to the match officials, resulting in what, according to the NBA’s press release, Cuban confronting the game officials on the court at the end of the game and directing inappropriate language to them.”

In the spirit of the occasion, details of the Cuban’s offense and his subsequent $100, 000  fine was released in a statement by the outgoing  NBA Commissioner David Stern, unusual within itself as details of offenses and  fines normally fall within the jurisdiction of Rod Thorn, President of Basketball Operations for the NBA.

According to NBA records, this most recent fine marks the  19th occasion that Mark Cuban has received a fine during the thirteen years that he has owned the Dallas Mavericks, with the totaling  $1.9 million. NBA mavens also point out that it is more than likely  that  Cuban has also been fined on a number of  other occasions that weren’t made public.

As has been the case in the past, the ever affable Cuban has already announced that he will be matching the $100, 000 fine with donation to charity.

 

Mark Cuban graduated from  the University of Pittsburgh, later  graduating from the Kelley School of Business with a bachelor’s degree in business administration in 1981. Even during his college years, Cuban continued to display his strong entrepreneurial spirit involving himself various business ventures, including a pub, disco lessons, as well as a highly lucrative chain letter scheme.

After leaving university, Cuban moved to Dallas, Texas, where  he founded his own company company, MicroSolutions, a system integrator and software reseller, which  where he sold  for the then considerable sum of  $6 million, which  invested in his  next venture, a sports reporting internet site  Broadcast.com which he sold to Yahoo! in 1998 for $5.9 billion, which was paid for in Yahoo Stock.

With the Yahoo stock becoming a regular dripping roast Cuban began to diversify his own business activities, acquiring the NBA franchise for the Dallas Mavericks, as well as establishing the Landmark Theatres chain, the Magnolia Pictures production company, and becoming chairman of  AXS TV, an  HDTV cable network.

 

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