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Court: Cuban's bid for Rangers higher

Thu, 08/05/2010 - 10:19 by Prince damin

Fort Worth, Texas -- An ownership group that includes Dallas Mavericks owner Mark Cuban made the highest bid at a Wednesday auction for the Texas Rangers, court officials said.

U.S. Bankruptcy Court officials in Fort Worth, Texas, announced that Cuban and his partner, Houston businessman Jim Crane, had submitted a bid $25.3 million higher than that of a group composed of Rangers President Nolan Ryan and Pittsburgh sports attorney Chuck Greenberg, the Dallas Morning News reported.

The announcement elicited an angry response from attorneys for the Ryan-Greenberg group, who complained they hadn't seen the details of the Cuban-Crane bid and so couldn't counter it.

Mavs owner would consider buying Dodgers

Tue, 11/10/2009 - 10:21 by shalini.bahadur

Los Angeles -- Mark Cuban, owner of the NBA's Dallas Mavericks, said Monday he would be interested in buying the Los Angeles Dodgers.

Cuban told the Los Angeles Times he has been urged by many Dodgers fans -- "more than I can count" -- to acquire the National League franchise. However, the team is not for sale, Dodgers owner Frank McCourt had said.

McCourt's estranged wife, Jamie McCourt, maintains she is a co-owner of the Dodgers and has said she would put together an investor group in a bid to buy out Frank McCourt. He insists he is the sole owner of the franchise.

Mark Cuban not opposed to steroid use

Fri, 10/23/2009 - 01:11 by surajdogra

Pittsburgh -- Dallas Mavericks owner Mark Cuban says steroid use by injured athletes can serve a useful purpose.

While speaking at a forum at the University of Pittsburgh this week, Cuban, a former Pitt student, said steroids could help athletes recover from injuries as long as they are prescribed by doctors and it is proven there would be no long-term damage.

"I'll get killed for saying this (but) I'm not so against steroids if they're

Perot sues Mark Cuban over money shuffling

Wed, 07/22/2009 - 04:48 by surajdogra

Dallas -- Dallas Mavericks owner Mark Cuban allegedly moved $50 million from a Dallas arena to make up for his team's shortfalls, Ross Perot Jr. alleges in a lawsuit.

Cuban -- who beat an insider-trading charge from the U.S. Securities and Exchange Commission last week -- should have instead shared that money between the arena's partners, including Perot's Hillwood Center Partners, Hillwood alleges in the lawsuit filed in state district court in Dallas.

Cuban, in return, accuses Perot of being a "desperate" man from recent
financial setbacks who's "trying to find nickels in the sofa cushion."

The lawsuit focuses on a Cuban-controlled company called Radical Arena Ltd.,
which owns about a third of the American Airlines Center's operating company.