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07-13-2007, 08:28 PM
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The truth
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Quote:
Originally Posted by Zurp
Why wouldn't the commissioner's office let it happen?
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They wouldn't want Cuban pulling the stunts he does in the NBA. That and the White Sox owner Reinsdorf (sp?) and Selig are good buddies, which goes back to the WS not wanting Cuban/Cubs stealing all the headlines in Chicago. |
07-13-2007, 08:32 PM
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Just beat scUM
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Agree no way the old boys let Cuban in the club.
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OSU under Jim Tressel76-17 (.817%)1 National Championship3 NC appearances4 B10 Championships(3 consecutive)6-1 vs scUM5 BCS Bowl Appearances1 Heisman TrophyB10 record 20 game conference win streak
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07-17-2007, 08:00 AM
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Mr. Mom
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Quote:
Originally Posted by Zurp
Why wouldn't the commissioner's office let it happen?
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They already blocked him from a bid on the Pirates last year...
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07-17-2007, 08:38 AM
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Damn.......
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If he wants it bad enough, I wouldn't bet against him! I really don't want to see the Chicago $ankees though....
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07-17-2007, 11:44 AM
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Mr. Mom
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Quote:
Originally Posted by coastalbuck
If he wants it bad enough, I wouldn't bet against him! I really don't want to see the Chicago $ankees though....
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As evidenced though, spending lots of money on big-time players doesn't always guarantee championships...
Hopefully if he does win the bidding (which I hope he does) he surrounds himself with good baseball minds to tell him what to do...
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11-17-2008, 12:39 PM
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Loves Buckeye History
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ESPN ticker says that Mark Cuban has been charged with insider trading by the Securities and Exchange Commission, per the Wall Street Journal.
S-E-C!
S-E-C!
S-E-C!
That gives the baseball owners justification for not letting him buy the Cubs.
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"In your veins runs Scarlet and Gray blood with which there is no quit, no stopping. It makes you relentless and powerful, more so than your opponent."
SFC Ryan Poetsch
101st ABN DIV, Afghanistan
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11-17-2008, 12:44 PM
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Sorry, No CODs...
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SEC Charges Mark Cuban With Insider Trading - WSJ.com
Quote:
he Securities and Exchange Commission filed insider trading charges against Mark Cuban, the outspoken owner of the Dallas Mavericks, for allegedly dumping shares in Mamma.com upon learning it was raising money in a private offering. 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.
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"Statistics always remind me of fellow who drowned in a river where the average depth was only three feet."
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