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.
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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.