Mark Cuban Doesn’t Want to Own Dodgers

by November 10, 2009

Despite reports to the contrary, the Mark says one pro sports team is enough for now: “The Dodgers are not for sale, but the divorce between Frank and Jamie McCourt raises questions about team’s future. Cuban has said repeatedly in recent months that he has no interest in adding any sports franchises to his business portfolio. Cuban indicated it would take a unique set of circumstances to have interest in the Dodgers. ‘Read the text of the e-mail I sent,” Cuban said. ‘It’s all headline and no substance.’ A Los Angeles Times story quoted Cuban as e-mailing: ‘I’m not a fan of debt-driven acquisitions. If a unique situation came up where I could contribute capital to buy out a majority shareholder and gain control, with existing shareholders or note holders staying in place, I would consider it.”‘