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Article doesn't address the obvious question of how much Cuban paid for the Mavericks initially. Answer: $285 million in 1990. [0] https://www.cbsnews.com/pitt

by Zanni 3y ago

Article doesn't address the obvious question of how much Cuban paid for the Mavericks initially. Answer: $285 million in 1990. [0] https://www.cbsnews.com/pittsburgh/news/report-mark-cuban-selling-majority-stake-dallas-mavericks/#:~:text=Cuban%20bought%20the%20Dallas%20Mavericks,high%2Dprofile%20owners%20ever%20since https://www.cbsnews.com/pittsburgh/news/report-mark-cuban-se....

whynotmaybe 3y ago
So around 8% ROI?
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- zktrust 3y ago
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- migrane3 3y ago
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- weard_beard 3y ago
  I get a 0% ROI for purchasing tickets to Disney World, but there are other benefits.
- Reubend 3y ago
  I'm confused, wouldn't that be a 1,228% ROI? Or am I missing something obvious?
  - polski-g 3y ago
    686% inflation adjusted.
  - whynotmaybe 3y ago
    No, I was missing the "per year" so I guess "rate of return" is better than ROI.
jgeurts 3y ago
2000, not 1990