Mark Cuban joins Draymond Green to chat about dropping out of high school, selling a billion-dollar business, 'Shark Tank,' why he sold the Mavericks, LIV nightclub stories, drafting Luka Doncic, thoughts on Kyrie Irving, memories of the 'We Believe' Warriors, and losing out on Steve Nash.
Mark Cuban emphasizes long-term investments in partners and real estate as key to success in selling the Dallas Mavericks.
Cuban highlights the potential of social media as an untapped revenue source for the NBA's future growth and monetization opportunities.
The podcast delves into the strategic decision-making behind drafting Luka Doncic, emphasizing analytics and smart negotiations in shaping a team's success.
Deep dives
Investing in Partnerships and Real Estate
Mark Cuban discusses selling the Dallas Mavericks as an investment in specific partners and real estate, emphasizing a focus on long-term thinking beyond typical general manager responsibilities. With a background in technology and media, he expresses concerns about linear television and the evolving landscape of streaming services. Cuban highlights the potential of social media as an underutilized revenue source for the NBA, focusing on monetization opportunities moving forward.
Role and Loyalty in Team Management
In his current role with the Dallas Mavericks, Cuban emphasizes his focus on basketball, collaborating with General Manager Nico Harrison, acknowledging the importance of loyalty and trusting Harrison's capabilities. Reflecting on their partnership, Cuban values the relationship and the dynamic of shared responsibilities and evolving trust between ownership and basketball operations.
Future TV Deals and Revenue Streams
When discussing future TV deals and revenue streams, Cuban highlights potential concerns with traditional linear television and the changing media landscape. While remaining cautiously optimistic about the NBA's financial position in the next decade, he underscores the growing significance of social media as a potentially lucrative revenue stream that warrants further exploration and investment.
Enhancing Fan Experience and Venue Development
Cuban expresses interest in enhancing the in-game fan experience and the potential development of casino gaming in Texas, emphasizing the importance of engaging fans, particularly through social media and possible real estate ventures like a Venetian-style casino in downtown Dallas. He envisions creating a memorable and interactive experience for fans while exploring innovative revenue streams to support the future growth of the Dallas Mavericks and the NBA as a whole.
Potential Revenue from Gaming Resorts in Texas
The podcast episode delves into the potential for huge revenue generation in Texas through the establishment of gaming resorts. By emphasizing the shift towards states supporting gaming, the discussion highlights the inevitable growth of the industry. The creation of these resorts aims at not just online gaming but building physical destinations to attract visitors like Travis Scott, hinting at a lucrative opportunity that could bring billions in revenue to the state.
Drafting Luca Doncic and Key Decisions for the Mavericks
The podcast episode discusses the strategic decision-making behind drafting Luca Doncic for the Mavericks. It reveals the analytics-driven choice to prioritize Doncic in the draft process. The conversation touches on navigating trade negotiations to secure Doncic for the team and highlights the significance of having a player with generational potential like Doncic. Through this insightful look into the draft process, the episode underscores the critical role of smart decision-making in shaping a team's future success.
Mark Cuban joins 'The Draymond Green Show' to discuss dropping out of high school, selling his first business for billions, joining 'Shark Tank,’ why he sold the Dallas Mavericks, the upcoming NBA TV deal, having the largest bill in LIV nightclub history after winning the NBA Finals with Dirk Nowitzki, how Cuban pulled off drafting Luka Doncic, why Kyrie Irving is misunderstood, the “We Believe” Warriors, losing out on Steve Nash, a funny Shaq story, and more.
00:00 - Start 08:00 - Shark Tank 13:00 - Buying Mavericks 24:00 - Selling Mavs 41:00 - LIV nightclub 42:00 - Acquiring Luka 50:00 - Trading for Kyrie 01:00:00 - We Believe Warriors
