Billionaire entrepreneur Mark Cuban owns many successful businesses, including the Dallas Mavericks and Landmark Theaters. Million dollar lawsuits and hundred thousand dollar fines would be world-changing events for us, but for celebrities like Cuban, it's just another day, another million dollars.
Let's start in Hollywood. Cuban's movie-accounting company Content Partners, which did the books for "The Truman Show" and "Face/Off," is suing Paramount for +$60 million. According to the suit, Paramount underreported the profits from these and other films, resulting in individual backers – who invested via Content Partners – to take in significantly less cash than they supposedly deserved. We'll see if the studio behind "Face/Off" is actually two-faced.
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Then there's the basketball court. Discussing who may or may not be a free agent prior to July 1st, when free agency opens, is a big foul for NBA players and team owners. Mavericks' owner Cuban was put on the defensive when the NBA fined him $100K for recent remarks. He told CNNMoney.com that "anyone" would be interested in LeBron James if he were a free agent, and that the Mavericks have a chance at getting him.
Whether it's sports or the silver screen, Mark Cuban is no stranger to lawsuits, fines or controversy!
