This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

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.
2 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
YHOO $37.72 0.00%
AAPL $123.38 0.00%
FB $95.29 0.00%
GOOG $628.00 0.00%
TSLA $264.82 0.00%

Markets

Chart of I:DJI
DOW 17,630.27 +189.68 1.09%
S&P 500 2,093.25 +25.61 1.24%
NASDAQ 5,089.2060 +49.43 0.98%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs