Cuban Supports NBA Returning to Seattle
Mark Cuban always holds court with the media when his Mavericks make their annual visit to Madison Square Garden. On Sunday, he said he’d support Seattle’s efforts to return to the NBA.
“As long as it’s not an expansion team, yes,” Cuban said. “… I voted against the move because I thought it was wrong to leave Seattle. I’d be all for a team going back to Seattle. But it would have to be a team that moves. I’d be against any type of expansion.”
Plans for a $490 million arena aimed at attracting an NBA and NHL team to Seattle were unveiled this week, with a $290 million commitment from investors led by Seattle native and hedge-fund manager Chris Hansen. The balance of the funds would come from tax revenues generated by the building and rent paid by the teams, according to the plan.