00:00:00
why did you sell the Mavs so I sold
00:00:03
three quarters of them not the whole
00:00:04
thing I still own 27.7% for a couple
00:00:07
reasons one when I first bought in in
00:00:09
2000 I was the tech guy in the NBA I was
00:00:12
the media guy I had every Edge in every
00:00:15
angle now fast forward 24 years later in
00:00:18
order to sustain growth to be able to
00:00:20
compete with the new collective
00:00:21
bargaining agreement you have to have
00:00:23
other sources of revenue and so you see
00:00:26
other teams and all sports for that
00:00:28
matter talking about casinos about doing
00:00:30
real estate development that's just not
00:00:32
me I wasn't going to put up $2 billion
00:00:34
to get an education on building if we're
00:00:36
able to build a Venetian type Casino in
00:00:40
Dallas with an American Airlines Center
00:00:43
in the middle of it the valuation is $20
00:00:45
billion but I own 27% of that part two
00:00:49
is my kids are now 15 18 and 21 and so
00:00:52
by selling three4 of it I took all that
00:00:55
pressure off of them
