Mark Cuban's Game
Are the returns more financial or emotional?
I love the challenge of running the Mavs as an operating company, and in providing the best possible entertainment to our fans, but the greatest reward is emotional.
You've had a knack for business success from your teenage years on, including making money off a chain letter you started. How did these early ventures influence your success later?
I learned that customers and sales were the key to the success of any business. There were no shortcuts to making your customers happy. I also learned that business is the most competitive sport on the planet.There is always someone out there trying to beat you, and if you don't outwork them and love what you do, they will beat you. You were credited with bringing a "party atmosphere" back to the team when you took over. Would you agree? Yes. Before I got to the NBA, teams sold basketball as their product. I recognized that most people came not for the basketball but to get out of the house and have fun with their friends, families, significant others. ... I wanted to offer the best possible experience, and we as an organization have worked hard to do so. You are well connected to fans through your email and blog. Has this interaction changed how you manage the team? Yes, I have a continuous focus group that provides me with great ideas and feedback. It makes my job much easier. What are your future plans for the Mavericks? To work to improve the fan experience every day and hopefully win some championships. And one more point -- I think the NBA has a bad rap that ticket prices are not affordable for some fans. To this end, we introduced $2 tickets for 10 games this year and will expand it hopefully to all games next year. We also have $5 single tickets and $10 tickets available to every game. One of my challenges is to change the perception to one of Mavs games being inexpensive.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV