Mark Cuban Says Money Was No Object in Buying the Mavs

Mark Cuban Says Money Was No Object in Buying the Mavs

Assessment

Interactive Video

Business, Physical Ed

University

Hard

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The transcript details the speaker's journey to purchasing a basketball team. Initially, the team was considered the worst in the 90s, but the speaker's passion for basketball and financial success from selling broadcast.com led to the decision to buy the team. Despite the team's poor performance, the speaker was confident due to the rising value of Yahoo stock, which helped finance the purchase.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the initial cost of purchasing the basketball team?

$180 million

$280 million

$380 million

$480 million

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What motivated the speaker to consider buying the basketball team?

A new business opportunity

A family tradition

A friend's suggestion

A lack of energy at a game

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How long did it take to finalize the purchase of the team?

Three months

Four months

Two months

One month

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why was the speaker not concerned about the price of the team?

They were unaware of the actual price

They had a loan from a bank

They received a discount

They had a financial hedge with Yahoo stock

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the general perception of the basketball team at the time of purchase?

A promising team with potential

The best team in the league

An average performing team

The worst franchise in the NBA