Posts Tagged ‘Dallas Mavericks

21
Dec
09

Maybe We Should Start Calling Nowitzki “The Dentist”

Houston’s Carl Landry is just standing in the lane, minding his own business, hoping to take a charge from a driving Dirk Nowitzki when BAM! in comes Dirk’s elbow and out goes three of Landry’s teeth. Ouch! I think Dirk earned himself a new nickname!

08
Dec
09

Mark Cuban Gets Tossed Through a Table

Dallas Mavericks owner Mark Cuban stopped by WWE’s Monday Night Raw last night as the guest host, in a shocking development, his night was not limited just to hosting duties. When the unnecessarily enraged Sheamus was in the ring with Cuban he just couldn’t help himself. First Cuban takes a knee to the groin (something I’m sure that delighted NBA commissioner David Stern) and then found himself picked up by the fiery(crotched) Sheamus and then thrown through a table. Pretty standard Monday night for a billionaire.

I just hope Cuban learned his lesson, NEVER TRUST A GINGER, us redheads be dangerous and easily roused to anger. You’ve been warned.

07
Dec
09

Get Out of Kris Humphries’ House

If you’re a rookie and looking to make a good impression in the NBA, take some helpful pointers from Dallas’ Kris Humphries who has thrown some ferocious blocks down already in this young season. The latest was in Friday’s contest against Memphis when Sam Young went up for a dunk only to be shot down by Humphries. Corralling the loose ball after the block, Young goes in AGAIN for a dunk and misses it AGAIN, with the ball falling to Humphries who was on the floor.

17
Nov
09

Nowitzki Hits the Game-Winner in OT

Dirk Nowitzki is really good at basketball, for example, in the waning seconds of last night’s Mavericks/Bucks contest he took the ball to the foul line and despite a defender being right in his face, Dirk NAILS the shot to give the Mavs the win in overtime. Awesome!

17
Nov
08

Mark Cuban Gets Busted *(UPDATED)*

Maverick Mavericks owner Mark Cuban has been charged with insider trading by the Security and Exchanges Commission for allegedly selling shares in the website company “mamma.com” after learning it was raising private money. The move ended up saving approximately $750k for the man worth about $2.8 billion. From the Wall Street Journal who broke this story:

The SEC alleges in a civil action that Mr. Cuban sold his entire 6% ownership stake on June 28, 2004, after learning that Mamma.com was raising money through a private investment in a public entity, or PIPE. The next day, on June 29, the company announced the PIPE financing and shares of the company dropped by more than 10%. By selling his stake, the SEC alleges, Mr. Cuban avoided more than $750,000 in losses.

In a PIPE transaction new shares are issued at a discount to the current trading price. An announcement of a PIPE transaction is often followed by a drop in the stock price as shareholders anticipate their stake will be diluted.

Cuban, who was already a super long shot to become the next owner of the Chicago Cubs can likely expect that this will completely take him out of the running. Which is a shame because he’s probably the only likely buyer who could get Chicago a championship before the end of the world.

Unfortunately, Cuban was unable to use his insider trading acumen to avoid getting hosed on that Jason Kidd trade last season…

UPDATE:

Mark Cuban, on his personal blog released this statement through his attorney:

“I wish I could say more, but I will have to leave it to this, and let the judicial process do its job…I am disappointed that the Commission chose to bring this case based upon its Enforcement staff’s win-at-any-cost ambitions. The staff’s process was result-oriented, facts be damned. The government’s claims are false and they will be proven to be so.”




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