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Here is the ajaxified timeline of Mark Cuban NBA Fine History. Enjoy.
I was amazed to learn that Mark Cuban’s cumulative fines from the NBA are currently at $1,455,000 USD. That is a lot of money that he could’ve avoided paying if he excercised some self-control.
Another way to think of Mark’s fines is in terms of opportunity costs: suppose that $1.4 Million was the amount he wanted to make as a charitable donation, instead of penalties given to an already wealthy organization — the NBA. Below are the top ten things that Mark Cuban’s fine money could have gone towards:
- Assuming $25,000 per child to adopt from China, Mark Cuban could have adopted 58 children from China and given them better lives in America.
- Mark’s fine money could have supported a staff of 405 doctors in assisting Darfur Refugees and Vaccinating close to 200,000 people.
- $1,455,000 could have gone to support Mothers Without Borders’ 3828 volunteers to Zambia, Africa to build wells, teach in schools, build-up farms, assist in HIV/AIDS Awareness, and many other positive ways.
- Assuming $60,000 per home, Mark’s fine money could have built 24.5 homes in the United States for the needy through Habitat for Humanity.
- Assuming a GDP of 239,419 for South Africa, Mark’s fine money could’ve increased the South Africa’s GDP six-fold (6x).
- Through Unitus, Mark Cuban’s fine money could have helped 14,550 entrepreneurs in third-world countries through innovative and entrepreneurial microfinancing, each typically take on a loan of $100.00 USD.
- Through Books for Soldiers, Mark Cuban’s fine money could’ve have purchased 97,000 donated units of books, DVD’s, or other supplies, at an estimated $15.00 per donated unit, to our soldiers in Iraq, Afganistan, and elsewhere in the world.
- Mark’s NBA Fine could have helped to support 1 facility relocation for USAID, enabling hundreds to volunteer and contribute to disaster relief and help the lives of people in places such as Africa, India, Tunisia, and others.
- Mark Cuban’s NBA fine money could have purchased 2 year’s worth of supplies for The Boys and Girls Clubs of America.
- Mark Cuban’s NBA fine could have provided 121 uninsured americans with healthcare, at an estimated ~$12,000 per year.
Again, I have nothing against Mark Cuban — I actually like the guy. It is a shame, though, all that good money could have gone to something good, instead of to the NBA.
Also, if Mark Cuban does, indeed, match his fines and donates that to a charity, then great job. I don’t know if he does or not and haven’t found evidence of that. I have a commenter below that claims that, but has not provided evidence of it.
Here is the ajaxified timeline of Mark Cuban NBA Fine History. Enjoy.
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{ 7 comments… read them below or add one }
All of the NBA player fines go to charity (I’m not sure if ownership fines do), and Cuban matches each matches fine with a donation to charity as well. More: http://espn.go.com/nba/s/2001/0406/1168454.html
@Mark,
If you read that article carefully, it says that Cuban’s fines *do not* go to charity.
Interesting. You should try submitting this to him and see if he is willing to atone for his bad ways by contributing to one of your proposals.
From the article I linked to:
“I think the NBA has the right to and should keep all its disciplinary actions private. No different (than) ESPN keeps its disciplinary actions private,” Cuban said Monday. “But it’s just like the NBA to send a press release announcing I have been fined, but not to announce the positive part of the message, that the money I have been fined is going to charity. That’s NBA Marketing 101.”
and
“It appears that Cuban’s fines might not to go to charities.”
Cuban’s statement is consistent with his desire for more business privacy. He also believes the NBA should not have to release player salaries to the public because a normal business does not have to do so. I don’t think this statement alone is enough to say that ownership fines do or do not go to charity.
Regardless where the league fines go, as far as I have read he has matched every fine with a charitable contribution. So there has been $1,455,00 donated because of Cuban’s behavior.
As far as the “opportunity costs” go, I’m sure he’d be the first to say that the fines are some of the best marketing dollars he could spend. Did anyone at all care about the Mavericks before he owned the team?
you can email mark cuban through the Mavs website. i emailed him about the Mavs game experience and he sent a personal reply in 45 minutes. he didn’t agree with me, but he wrote back. give him a try.
Yeah, the marketing is opportunity gained, at not that bad a cost. Second, and as a person who doesn’t care for sports, I still admire that he’s being fined by an old boy club that seems to embody the worst of good ol’ U.S. of A. old boy clubs.
Regardless of his imperfections, he doesn’t accept their bad referees, and doesn’t accept that the NBA corporate fiefdom should be able to restrict his speech the way they do.
I suppose if he lived in a Housing Association neighborhood, he’d be the guy with an unapproved satellite dish on his roof.
He’s easily recouped that from the attention he gets for all the hub bub.
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