Mark Cuban Has A Really Profitable Reason To Root For The Warriors And Sharks To Win Titles
As if the life of Mark Cuban couldn’t be any better, the billionaire owner of the Dallas Mavericks has an opportunity to make even more money should both the Golden State Warriors and San Jose Sharks end up winning their respective league titles.
Cuban, who has a net worth of $3 billion, used his keen business acumen to trademark the term “City of Champions, which is routinely used by city’s who claim two or more teams with titles at the same time.
If both the Warriors and Sharks win championships this month, Cuban stands to profit because he holds the trademark for the “City of Champions” T-shirts that are routinely sold in cities that can claim two or more reigning champions in North America’s four major team sports.
‘If the Mavs don’t win, at least there is always a chance for a win in there somewhere for me,” Cuban told ESPN.com Wednesday.
An online record from the U.S. Patent and Trademark Office secured by ESPN.com shows that Cuban is indeed the registered owner of the phrase, with the intent to use it on everything from T-shirts to hats to pajamas.
Cuban has previously said he paid nearly $40,000 for the trademark.
Of the previous eight times that one city had a team in both the NBA Finals and Stanley Cup finals, there have never been dual champions—so history isn’t on Cubes’ side. Knowing his luck, though, would anyone really be surprised if he walked away with a nice little profit here?