Mark Cuban: Suing Paramount For $60M, Fined By NBA

By on May 25, 2010 in ArticlesEntertainment

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.

Kevork Djansezian/Getty Images
Kevork Djansezian/Getty Images

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 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!


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