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Mark Cuban: Honorary Starter of Indy 500

Mark Cuban will be the honorary starter of 98th Indianapolis 500 on Sunday. And ABC's "Shark Tank" star also thought about litigation against the NBA some eight odd years ago. He contacted FBI personnel for this purpose.

May 20 2014, 5:37am CDT | by

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Mark Cuban Thought About NBA Litigation Eight Years Ago
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Mark Cuban: Honorary Starter of Indy 500

Mark Cuban, the owner of Dallas Mavericks and star of ABC's "Shark Tank", will wave the green flag on Sunday to start the 98th Indianapolis 500 in which 33 cars will race. Indianapolis Motor Speedway announced on Monday that Cuban is the honorary starter of the race that will start at noon(ET) on ABC.

"Whether it's winning an NBA championship or the honor of waving the green flag to start the Indianapolis 500, there are certain sporting events that are monumental for any true sports fan," Cuban said in a release. "I am excited to come back to Indiana, not just to attend, but actually participate in this historic race."

Meanwhile, the Dallas Mavericks were defeated in 2006. Dwyane Wade was one of the main reasons behind this tragic failure. The founder of the Dallas Mavericks, Mark Cuban was curious about why his team lost to badly to the opposition. 

That is why he procured the services of an FBI agent to probe into whether Wade had gotten aid from somewhere suspicious. The year was 2006 and it was the NBA Finals. Cuban was quite upset about the loss of the match to The Heat. 

When he later on asked his FBI investigator whether he ought to sue or not, the answer was damned if I do and damned if I don’t. He would win the lawsuit in a jiffy but the act would be a Procrustean Victory. It would be suicidal in itself. 

However, now that speculation about all these facts is coming out into the open after so many years, it seems there was nothing there to begin with. 

As the teams played off against each other, several players got face to face and tackled and dealt with the complexities of the game. Besides this, the NBA was undergoing a radical transformation during the season. 

It had some pretty strict rules regarding the manner of playing the game. Then there were other factors such as the coach being outnumbered. 

The fact of the matter is that it would have been disastrous for Cuban to have pursued a lawsuit against the NBA. The reason is that all the fake paranoia and pretend-shrewdness would have amounted to nothing but a pack of lies. 

The whole thing was just a result of pseudo-psychological thinking. If there were even the slightest pretext for a litigious setting maybe Mark would have followed the lead. But there was no rhyme or reason behind the whole shebang he orchestrated.  


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Update: 11

Kendall Jenner and Chandler Parsons: Dating?!

Source: The Hollywood Gossip

Kendall Jenner's modeling career is taking off, and she must spend at least three hours a day taking selfies. But despite her hectic schedule of posing and self-promotion, Kendall is reportedly devoting some time to her love life these days. Over the weekend, Kendall was spotted spending some time with Chandler Parsons of the Dallas Mavericks. Kendall and Chandler reportedly enjoyed a dinner together at S ...
Source: The Hollywood Gossip   Full article at: The Hollywood Gossip 1 day ago, 10:03am CDT


Update: 10

Treasury Secretary Jack Lew Warns Tax Inversions Are Increasing At 'Breakneck Speed'

Source: The Business Insider

Treasury Secretary Jack Lew has written an op-ed page of the Washington Post to plead with Congress to enact legislation addressing tax inversions, which he says have been increasing at "breakneck speed." As we've been discussing all this month, the number of U.S. companies re-chartering overseas to avoid corporate taxes has been accelerating recently. Tax inversions were a major theme of President Obama's interview with CN ...
Source: The Business Insider   Full article at: The Business Insider 1 day ago, 7:46pm CDT

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Update: 9

Mark Cuban's no fan of tax inversions


The billionaire investor says he'd sell stocks of firms that try to cut taxes by moving overseas.       ...
Source: USATODAY   Full article at: USATODAY 3 days ago, 4:17pm CDT

Update: 7

Cuban: Taxes will go up if too many companies leave US

Source: CNBC

The tax money will be have to be made up somewhere, billionaire investor Mark Cuban sa ...
Source: CNBC   Full article at: CNBC 4 days ago, 8:01am CDT

Update: 6

Have the Dallas Mavericks Won the NBA Offseason?

Source: Bleacher Report

It's been a while since the Dallas Mavericks have escaped an offseason unscathed in the media. After years of getting spurned by big free agents and getting killed for it afterward, the Mavericks are on the opposite end of the public opinion spectrum. The narrative is no longer that the Mavericks missed out or that they're wasting the last years of Dirk Nowitzki's career. Now the Mavericks are being regarde ...
Source: Bleacher Report  Full article at: Bleacher Report 4 days ago, 7:05pm CDT

Update: 5

Jameer Nelson Signing the Worst Move in History of Dallas Mavericks

Source: Rant Sports

After a couple of moves to bolster the front line, the Dallas Mavericks were left with a hole at point guard. Fortunately for the Mavericks, the team has a $2.7 million exception. Unfortunately, Mavericks owner Mark Cuban and his underlings appear to be using it on Orlando Magic castaway Jameer Nelson. ...
Source: Rant Sports   Full article at: Rant Sports 5 days ago, 3:18pm CDT

Update: 4

Carolina Panthers, Time Warner Cable team up on sports programming

Source: Charlotte Business Journal

The NFL has already given us prime-time football on Sunday, Monday and Thursday nights. Those games come on top of season-opening Monday Night Football doubleheaders, Thanksgiving gorging that now encompasses three games and, of course, the approximately 9 billion hours of pre- and post-game coverage and highlights shows littering ESPN, Fox, NBC, Showtime, CBS and so on. This week, the latest version of too-much-is-never-enough ( Mark ...
Source: Charlotte Business Journal   Full article at: Charlotte Business Journal 6 days ago, 1:59pm CDT

Update: 3

Back 9 Links: 'Weird Al' gets disrupted

Source: Conde Nast Portfolio

Useful, thought-provoking and random links for the entrepreneurially-minded that caught our eye on Monday, July 21: What "Weird Al" Yankovic can teach us about the state of the media in 2014. How playing the cello led to a startup career. Gamers are becoming disciplined professionals. What is your social media personality type? CEO pay doesn't indicate quality. The end of genius. Mark Cuban: With Aereo, everything old is new again. Now is your cha ...
Source: Conde Nast Portfolio   Full article at: Conde Nast Portfolio Jul 21 2014, 3:38pm CDT

Update: 2

Breaking Down How Chandler Parsons and Dirk Nowitzki Can Thrive Together

Source: Bleacher Report

After the Houston Rockets refused to match the three-year, $46 million offer sheet he signed with Mark Cuban in a nightclub, Chandler Parsons is the newest member of the Dallas Mavericks. Parsons wasted no time this summer in finding this new situation, and it appears the Mavericks offered Parsons something he didn't feel the Rockets were prepared to give him—a feature role (via Marc J. Spears, Yahoo Sports): We got a chance to win. Coach [Rick] Carlisle is the best coach in the NBA. ...
Source: Bleacher Report  Full article at: Bleacher Report Jul 18 2014, 6:49am CDT

Update: 1

Mark Cuban-Backed Soundwave Says They’re “The Instagram of Music”…

Source: Digital Music News

“Instagram for music” apps are having a moment. People keep saying ” but Instagram is the Instagram of music!“… I disagree. Soundwave is the third Instagram-style music app that’s been pitched to me in the past four months, the other two were LuckyPennie and Musx. Soundwave has actually been around for a year, but has just released a complete redesign on iOS and Android. What sets this app apart is the ability to have it automatica ...
Source: Digital Music News   Full article at: Digital Music News Jul 17 2014, 1:42pm CDT

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<a href="/latest_stories/all/all/20" rel="author">Sumayah Aamir</a>
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