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Mark Cuban isn’t all business.
While the billionaire can doubtless be hard-nosed in the boardroom, he told the “Hollywood Raw with Dax Holt and Adam Glyn” podcast that he “hates” trading away players as the owner of the Dallas Mavericks.
“I hate it. I hate it. I hate it. I hate it,” Cuban said. “It hurts, but I tell myself it’s like they’re getting transferred to another office in the same company. ‘Oh yeah, we’re just transferring you to Sacramento.’”
But Cuban — who bought the majority stake in the team in 2000 and is known as a passionate and hands-on owner — says that as rough an experience as trades may be for him, he also feels for the players.
“It’s not easy, because just like if you got transferred at work, you’ve got to uproot your family and deal with all the hassles and everything,” he said. “When someone leaves … just having to tell them is not easy.”
For Holt, Cuban isn’t just another podcast guest — they’re also business partners. The host appeared on NBC’s “Shark Tank” with Matt Walsh — the co-founder of his trophy company TrophySmack — and sold Cuban 17% of the company for $600,000.
The company makes “over-the-top” trophies of all kinds, but specializes in trophies for fantasy sports leagues.
When Glyn asked Cuban what had drawn him to the pair, he said that they have a lot of imagination in a business that doesn’t change much.
“The trophy business … it’s been around for a long time, but also, it’s a very copy-oriented business: Once one company does it, then everybody looks at it and tried to
copy it,” he said. “So, you need it to have entrepreneurs that not only were grinders,
but that were agile that were ready to leap.”
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