Isaac
Years ago
Mark Cuban fined US$600k for tanking comment
The NBA fined outspoken Dallas Mavericks owner Mark Cuban $600,000 on Wednesday for comments about tanking during a podcast with Hall of Famer Julius Erving.Full story
Commissioner Adam Silver said the fine was for "public statements detrimental to the NBA." The league said the podcast with Erving was posted Sunday, the day the All-Star game was played in Los Angeles.
Cuban said during the 30-minute interview that he met recently with some of his players and told them "losing is our best option." Cuban was trying to illustrate to Erving how he believes he is a transparent owner.
"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 what 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."
Tops his previous best - $500k for criticising refs.