Mark Cuban Rumors
Tim MacMahon: Mark Cuban owns 14 acres around the Mavs’ practice facility and will consider the site for a new arena. “It’s seven years away until I make that decision,” Cuban said. There are 14 years remaining on the Mavs’ lease at the American Airlines Center.
This is Cuban, 58, committing to the Mavericks franchise and city of Dallas in a way that might reverberate for decades. When Cuban last spring said he hoped to build a practice facility on a tract large enough for a new arena, Dallas mayor Mike Rawlings told The News: “The big thing is, Mark is not doing this as a real estate play. It’s more of a legacy play. That’s the thing he’s talked to me about.”
Though the Mavericks’ practice facility project itself was far smaller in cost and scale, Cuban’s stated interest in eventually building an arena piqued the interest of suburban cities that Cuban declines to name. “I got approached by several cities,” he says. “I could have played the leverage game to get money, land or other incentives, but chose not to. I wanted to stay in Dallas.”