By Anthony Caruso III | Publisher
Dallas Mavericks owner Mark Cuban is feeling a little lighter in his wallet. Cuban, who is a billionaire, has been fined $600,000 by the NBA on Wednesday for his tanking comments.
Cuban, who has had numerous run-ins with the league, as an outspoken owner, made the tanking comments during a podcast with Hall of Famer Julius Irving. In the 30-minute interview, he said he met with “some of his players and told them tanking is our best option.”
Commissioner Adam Silver said the fine was for “public comments detrimental to the NBA.” Cuban went on the podcast on Sunday, the same day of the All-Star game in Los Angeles.
“I’m probably not supposed to say this, but I just had dinner with a bunch of our guys the other night,” Cuban said. “And here we are. We weren’t competing for the playoffs. I was like, ‘Look, losing is our best option.’
“Adam would hate to be hearing that. But at least I sat down and I explained it to them. And I explained our plans are going to be this summer, that we’re not going to tank again. This is like a year and a half of tanking. That was too brutal for me.”
The Mavericks have the 14th-worst record in the Western Conference out of 15 teams. They only trail the Phoenix Suns, who have an 18-41 record.
Dallas has the third worse record in the NBA. The Atlanta Hawks are tied with the Suns, who also have an 18-41 record.