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		<title>The Fan Experience at Sporting Events – Never Look Down</title>
		<link>http://www.crushpageone.com/2010/the-fan-experience-at-sporting-events-%e2%80%93-never-look-down/</link>
		<comments>http://www.crushpageone.com/2010/the-fan-experience-at-sporting-events-%e2%80%93-never-look-down/#comments</comments>
		<pubDate>Sat, 11 Sep 2010 05:11:34 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Blog Maverick Mark Cuban]]></category>

		<guid isPermaLink="false">http://www.crushpageone.com/2010/the-fan-experience-at-sporting-events-%e2%80%93-never-look-down/</guid>
		<description><![CDATA[There is a lot of discussion these days about the expectation that ticket sales at NFL games will decline for <a href="http://www.crushpageone.com/2010/the-fan-experience-at-sporting-events-%e2%80%93-never-look-down/" class="searchmore">Read the Rest...</a><div class="clr"></div>]]></description>
			<content:encoded><![CDATA[<p>There is a lot of discussion these days about the expectation that ticket sales at NFL games will decline for the 2nd year in a row.  The  most common reason given ? HDTV. Who would&#8217;ve thunk that High Def TV would have such a huge impact on the sports world <img src="http://s.wordpress.com/wp-includes/images/smilies/icon_smile.gif" alt=":)" class="wp-smiley" /> .  But I digress.</p>
<p>There is no question that all sports, but particularly football, are impacted. Given the choice between freezing your ass off at a December or January game or sitting with a cold one in front of your new Big Screen, there better be a damn good reason to get off that really comfy couch in order to pack up and go to the game.  So what is compelling and unique enough about attending a game that makes it worth the effort ?</p>
<p>First, let me tell you what it is not.  It is not the game.</p>
<p>Think back to the first professional sporting event you ever went to.  It was probably a parent taking you to the game. What do you remember ? Do you remember the score ?  A home run ?  A jump shot ? A pass play ? Or do you remember who you were with ? I remember being with my dad at a Pirates game. My dad and my uncle at a Steelers game. Think about your fondest memories at a sporting event. Again, what do you remember ? Hanging with your buddies ? A first date ? A last date ? How you felt after the team won or loss ?  A business partner or customer ? Or the score ? I&#8217;m guessing its not the score.</p>
<p>We in the sports business don&#8217;t sell the game, we sell unique, emotional experiences.We are not in the business of selling basketball. We are in the business of selling fun and unique experiences. I say it to our people at the Mavs at all time, I want a Mavs game to be more like a great wedding than anything else.</p>
<p>You know the wedding I&#8217;m talking about.  The one where everyone is up dancing, smiling , cheering, laughing. <a href="http://www.youtube.com/watch?v=jr9oVq9nzcQ" target="_blank"> The one where Grandma Ethel has her annual vodka gimlet and is trying to do the Dougie. </a>The one where although you have no earthly idea what the Dougie is, you can&#8217;t say no to your 12 year old niece. The one where the whole place does the Macarena while laughing so hard they are crying. The one where everyone sings out loud to every song and you hug the cousin you haven&#8217;t seen in 10 years and hope you don&#8217;t see for another 10. It doesn&#8217;t matter if half the room doesn&#8217;t believe the couple will still be married at the end of the year. It matters if everyone in the place is having a great time. It matters if its the type of wedding that everyone in the room wished or wishes their wedding was or will be like this one. It matters that you leave the reception and your hands hurt from clapping ,  your mouth hurts from smiling so much and your  throat is sore because you were laughing , singing and hollering so much. That&#8217;s a great wedding.</p>
<p>That&#8217;s how I want a Mavs game to be.</p>
<p>I want it to be very participatory. I want it to be very social. I want it to be very inclusive.  I want it to be memorable. I want it to be so much fun people talk about it to their friends and can&#8217;t wait to go back. I want every parent to get tears in their eyes when they see their kids jumping up and down when the score is 2 to  0. When they are chanting Lets Go Mavs . When they are dancing and trying to get on the big screen.  I want the guy on the date knowing that the longest he will have to talk is during halftime and that after the game, and until the next one, he can talk about the game itself and not have all the pressure of trying to think of something to say while his date can be relieved that she can enjoy the game without him talking. Or vice versa of course. I want everyone  coming to a Mavs game to be able to find their own personal attachment to that night. I know I can&#8217;t control what happens on the court every game, but I can do my very best to make sure that no matter what the score, we have done all we can to make the fan experience like a great wedding.</p>
<p>IMHO, that means eliminating all the &#8220;look down&#8221; moments in the game.  Once you sit in your seat, the only time I want you to look down is to pick up the soda or beer you set down under your seat.</p>
<p>I want you always looking up. Looking at the game and the entertainment in the arena. You can&#8217;t cheer if you aren&#8217;t watching. It&#8217;s my job to give you something other than the game to look up at.</p>
<p>It may be looking at the fun videos we put on the big screen to entertain you.</p>
<p><span><a href="http://blogmaverick.com/2010/09/10/the-fan-experience-at-sporting-events-never-look-down/"><img src="http://img.youtube.com/vi/HiCsvXuIik8/2.jpg" alt="" /></a></span></p>
<p>We are going to try everything and anything we can think of to make it fun and memorable. Just as a DJ responds to the energy and attitude at a Wedding in realtime and tries to choose the right song or activity to keep the fun and energy up, we try to do the same thing at a Mavs game. We recognize that what makes our games unique is that like a wedding, Grandma Ethel can be sitting next to a goth looking 16 year old she has never met before, and if both are watching when the Mavs hit a shot right as the 24 second buzzer sounds, they can high 5 each other like they are best friends.  That if Grandma Ethel is chanting defense and being a key 6th man for her Mavs, the 16 year old will feel better about cupping his black nailed hands together to do the same. That if we put a fun video up on the big screen, they both might just sing along</p>
<p><span><a href="http://blogmaverick.com/2010/09/10/the-fan-experience-at-sporting-events-never-look-down/"><img src="http://img.youtube.com/vi/l5i6mmF_5YY/2.jpg" alt="" /></a></span></p>
<p>Video and music are two simple components of what we do. We are developing games that our fans can participate in at the arena that hopefully engage them with what is happening on the court. We are coming up with ways to reward our fans for being our &#8220;6th man&#8221; and adding energy to the arena. (I will save those for another post). We are looking for ways to enhance the emotional attachments created at our game.</p>
<p>So what does this have to do with football or anyone else ?  It&#8217;s another way of saying I hate the trend of handheld video at games. I can&#8217;t think of a bigger mistake.  The last thing I want is someone looking down at their phone to see a replay. The last thing I want is someone thinking that its a good idea to disconnect from the unique elements of a game to look at replays. If a play deserves a replay, we will put it up on the big screen.  There is a huge value to everyone collectively holding their breath during a replay, or responding to a great play or a missed call  and then spontaneously reacting to what they see.  You lose that if people are looking down at their handhelds. I think its horrible that a fan might feel its ok not to be watching the game because they have their own personal DVR in their hands.   Even worse, if you are afraid of HDTV, why in the world would you try to replicate an experience that you can&#8217;t possibly improve on using a phone , IPad or hand held device ? I would be very concerned that someone is going to decide that its just easier to stay home to get all the video they want.</p>
<p>The fan experience is about looking up, not looking down. If you let them look down, they might as well stay at home, the screen is always going to be better there.</p>
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		<title>Social Gaming Developers Wanted</title>
		<link>http://www.crushpageone.com/2010/social-gaming-developers-wanted/</link>
		<comments>http://www.crushpageone.com/2010/social-gaming-developers-wanted/#comments</comments>
		<pubDate>Fri, 03 Sep 2010 20:05:06 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Blog Maverick Mark Cuban]]></category>

		<guid isPermaLink="false">http://www.crushpageone.com/2010/social-gaming-developers-wanted/</guid>
		<description><![CDATA[If you develop Social Games I want to talk to you. Im looking to invest in  games,  developers and projects
Im <a href="http://www.crushpageone.com/2010/social-gaming-developers-wanted/" class="searchmore">Read the Rest...</a><div class="clr"></div>]]></description>
			<content:encoded><![CDATA[<p>If you develop Social Games I want to talk to you. Im looking to invest in  games,  developers and projects</p>
<p>Im looking for consumer and corporate applications. I&#8217;m not looking for knockoffs of existing games/apps. I&#8217;m also looking for physical products that have integrated social gaming components . My preference for all the above is that they run on or  integrate deeply  with Facebook and/or Itunes 10/Ping and all the devices they support.</p>
<p>You can post them here or email me at blogmaverick@aol.com.</p>
<p>If I like it , I will respond. If I dont, I wont.  I wont sign and NDA.</p>
<p>TIA</p>
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		<title>The Best Investment Advice You Will Ever Get</title>
		<link>http://www.crushpageone.com/2010/the-best-investment-advice-you-will-ever-get/</link>
		<comments>http://www.crushpageone.com/2010/the-best-investment-advice-you-will-ever-get/#comments</comments>
		<pubDate>Thu, 26 Aug 2010 05:00:58 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Blog Maverick Mark Cuban]]></category>

		<guid isPermaLink="false">http://www.crushpageone.com/2010/the-best-investment-advice-you-will-ever-get/</guid>
		<description><![CDATA[I&#8217;m going to simplify what I consider to be the best investment advice I have ever been given and share <a href="http://www.crushpageone.com/2010/the-best-investment-advice-you-will-ever-get/" class="searchmore">Read the Rest...</a><div class="clr"></div>]]></description>
			<content:encoded><![CDATA[<p>I&#8217;m going to simplify what I consider to be the best investment advice I have ever been given and share it with you.  Here you go:</p>
<p>1.<strong> If you have any credit card or other type of consumer deb</strong>t on which you pay 5pct or more interest,<strong> pay it off</strong>.  Compound interest is your enemy.  <strong>The chances of you earning more on your money than you are paying in consumer interest rates are slim.</strong> Pay it off.</p>
<p>2.  <strong>Cash is King.</strong> Now that Madoff is in jail, no investment can offer returns with zero risk. If you don&#8217;t fully understand the risks of an investment you are contemplating, it&#8217;s ok to do nothing. <strong>In times of massive uncertainty like we are facing today, doing nothing is a valid and IMHO preferable investment strategy.</strong> Just put your money in the bank.</p>
<p>3<strong>. Cash Creates Transactional Returns</strong>.   What does this mean ? It means that you  should analyze what you spend money on over the course of a year. You  will get a better return on your money by being a smart shopper and  taking advantage of  cash, quantity or other types of discounts than you will  in the stock market.  <strong>Saving 15pct on the $1k dollars worth of items you  know you will absolutely spend money on is a better return on your  money than making 15pct in a year on a $1k investment  because you don&#8217;t  pay taxes on i</strong>t.</p>
<p><strong>If you have under 100k dollars in liquid assets,  your net worth will be higher in one year if you follow this advice  than if you follow ANY other investment advice any broker or banker will give you this year.</strong></p>
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		<title>The Stock Market is still for Suckers and why you should put your money in the bank</title>
		<link>http://www.crushpageone.com/2010/the-stock-market-is-still-for-suckers-and-why-you-should-put-your-money-in-the-bank/</link>
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		<pubDate>Sat, 21 Aug 2010 07:05:15 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Blog Maverick Mark Cuban]]></category>

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		<description><![CDATA[I wrote a whole series of articles warning people about the stock market over the years. You can see them <a href="http://www.crushpageone.com/2010/the-stock-market-is-still-for-suckers-and-why-you-should-put-your-money-in-the-bank/" class="searchmore">Read the Rest...</a><div class="clr"></div>]]></description>
			<content:encoded><![CDATA[<p>I wrote a whole series of articles warning people about the stock market over the years. <a href="http://blogmaverick.com/2008/09/08/talking-stocks-and-money/" target="_blank">You can see them here</a>. It&#8217;s gotten worse. So I thought i would write some more about why you should probably avoid putting any new money into the stock market&#8230;</p>
<p>If you haven&#8217;t noticed, individuals are avoiding the stock market in droves.  There has been an<a href="http://seekingalpha.com/instablog/234751-stone-fox-capital/88712-stock-mutual-fund-outflows-continue-unabated" target="_blank"> enormous exodus from equity based mutual funds</a>. Why ? Because people buy stocks for only one reason, they want them to go up in price. If you don&#8217;t believe the market is going to go up. If you don&#8217;t believe you can find a greater fool to buy your stock, or the stock your funds own, why would you buy either ? You wouldn&#8217;t and people aren&#8217;t.</p>
<p>The amazing thing is that doing nothing in the market is the smartest approach to the market. It is pretty  much impossible for some man or woman or child who devotes a couple of hours per week to the market to outperform the professionals who spend 24&#215;7 doing this for a living and when they are asleep, they have a workforce full of people doing more of the same.  In this day and age, none of us are smarter than the market.</p>
<p>I didn&#8217;t always think this way.  I didn&#8217;t ever think there was a truly efficient market until just recently.  What changed ? The availability of capital changed.  While we can argue about whether or not the market is efficient because everyone has access to the same information, I would always argue that they didn&#8217;t efficiently use that information and even if they did, capital was not always allocated correctly  to every market segment.</p>
<p>Capital found its way to where people/funds thought they were smarter than the rest. Some people thought they understood the tech markets better than others. Some thought they understood retail better, etc.  The belief that an individual/fund had an advantage  drove where capital was allocated.  People posted good performance or identified macro opportunities and put their own and others money to work.  Others saw the success and followed.  Like the saying goes &#8220;first there were the innovators, then the imitators, then the idiots&#8221;.    Fortunately for market participants over much of the history of the stock market, if you were  the innovator that was  smarter and faster than the other guys, you could make money on the long and / or short side of the market before the imitators and then the idiots flooded the market.</p>
<p>The door was open to opportunity in the past simply because capital was relatively expensive. It was expensive to raise, it was expensive to borrow.  <strong>High cost of capital creates scarcity of capital</strong>.  The more expensive the scarcer. The scarcer the capital, the more untapped opportunities just waiting for innovators to exploit and the longer it took the imitators and idiots to chase the same opportunities and close them. Which is why you found funds and smart people posting great returns over a long period of time.</p>
<p>But a not so funny thing happened on the way to and through the Great Recession. Capital became progressively cheaper.  It became the opposite of scarce. It became readily available. To anyone.</p>
<p>The innovators had put together unique mortgage programs. The imitators made it a little easier to partake.  Then the idiots took over. Capital was so easy and suckers and idiots so prevalent, everyone believed that there was always going to be a greater fool to buy their house and /or give them refinancing money. Until the idiots couldn&#8217;t collect on the mortgages they lent or pay the mortgages they took out.  That de-levered the system and we know what happened next to the banking, mortgage and housing industries and the entire economy.</p>
<p>In response to that great de-levering, the government stepped in and I truly believe they saved us.  Sure, they watched as the idiots dragged us into the mire. Sure they allowed all those mortgages to be guaranteed and that was a key culprit in the Great Recession.  Our government has never been very good at being proactive at anything. Reactive&#8230; thats another matter. That gets the votes.</p>
<p>So the government reacted and poured money into the system. They allowed just about any bank with a pulse to borrow money. To this very minute it is incredibly cheap to borrow short term capital. Particularly if you are in the business of<a href="http://blogmaverick.com/2010/05/09/what-business-is-wall-street-in/" target="_blank"> trading/hacking</a> the stock market.  If you are a big fund or investor, money is cheap. <strong> Unfortunately for the stock market, it is cheap for everyone. In other words, capital is not longer expensive and it is no longer scarce</strong>.</p>
<p>When capital is so cheap that everyone with a pulse thinks they can make money once they borrow it, the stock market is in trouble.</p>
<p>Remember the rule about first there are the innovators, then the imitators, then the idiots ?  It is why the stock market is truly in trouble.</p>
<p>There is SO MUCH CAPITAL available at so little cost to so many that the timeline from innovator to idiot is measured in days, hours and probably even milliseconds.  The guys who are actually smart and uncover new opportunities can&#8217;t even get in a position large enough to make it worth their while before the imitators and then idiots pile in right behind them.</p>
<p>Remember the Flash Crash and the discussion about how trades are made in milliseconds, what I called hacking the system ? I don&#8217;t know for certain, but Im willing to bet that those innovators that made money by trading in milliseconds, now have so many imitators and idiots that have piled in behind them , putting servers right next to theirs and hiring their algorithm  coders away from them,  that there is no longer any advantage, or not enough of one for any of the players to make any real money.</p>
<p>There is so much capital chasing so little return that big time players are<a href="http://online.wsj.com/article/BT-CO-20100820-711478.html" target="_blank"> getting out of the business</a>.</p>
<p>So what does this mean for you ?</p>
<p>It means that I don&#8217;t know if the market will go up or down, or by how much.  My guess is that it stays in a trading range for a while. There isn&#8217;t much money coming in,<strong> but enough of that easy to come by capital has so  much ego attached to it, that the same people will get in and out of the market over and over again and trade amongst themselves.</strong></p>
<p><strong>Until something happens.  What that will be, I have no idea</strong>.</p>
<p>But I do know that I have continued to add to my cash balance or sovereign debt from around the world (that I have owned for a while now and has been profitable and is  very, very liquid.) The stocks I still own for the most part pay me a nice cash on cash return, or I have owned them for a long, long time and have  more in gains than I want to pay taxes on.  But in total, I have been a net seller of stocks for more than a year. The only investments I am making are small buys into private companies.  I want as much &#8220;powder dry &#8221; as possible for when something happens.</p>
<p>I&#8217;m not saying you should get out of the stock market. What I am saying is that it is not a bad thing to accumulate cash right now.  Retention of capital is a good thing. Don&#8217;t go chasing stocks.  Something is going to give in this market. Like I said, I dont know what it is, but I want to have as much capital available as possible for when it happens.</p>
<p>Baron Rothschild said &#8220;the time to buy is when there is blood in the streets&#8221;, Warren Buffet said it differently when he said &#8221; you pay a very high price in the stock market  for a cheery consensus&#8221;</p>
<p>This is the time to start saving for a &#8220;bloody day&#8221;.   There  will be a time when capital regains its scarcity. When it becomes more expensive. When it does , what do you want to have in as great an amount as possible ? Capital.</p>
<p>So save your money. Pay off your credit cards.  Put your money in the bank where it is insured.   Be patient.  Get a good nights sleep knowing that your money is not going any where  and just wait till your capital is in demand and you get paid for it. When everyone is complaining about the money they lost, you will be ready to step in and buy.</p>
<p>That is how fortunes are made. Having money when no one else does.  And you can take that to the bank !</p>
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		<title>The Future of the Facebook Like Button</title>
		<link>http://www.crushpageone.com/2010/the-future-of-the-facebook-like-button/</link>
		<comments>http://www.crushpageone.com/2010/the-future-of-the-facebook-like-button/#comments</comments>
		<pubDate>Sat, 07 Aug 2010 19:03:38 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Blog Maverick Mark Cuban]]></category>

		<guid isPermaLink="false">http://www.crushpageone.com/2010/the-future-of-the-facebook-like-button/</guid>
		<description><![CDATA[I hit the like button on pages all the time.  I like your picture.  I like the fact you had <a href="http://www.crushpageone.com/2010/the-future-of-the-facebook-like-button/" class="searchmore">Read the Rest...</a><div class="clr"></div>]]></description>
			<content:encoded><![CDATA[<p>I hit the like button on pages all the time.  I like your picture.  I like the fact you had fun on your vacation. It doesn&#8217;t mean I want to get into a long involved conversation or see all your vacation pictures.</p>
<p>I like the jeans you are selling on your website . I like them because I already own a pair.  I am not giving you permission to contact me and try to sell me something or to suggest to my friends that they should buy them because I like them.</p>
<p>I like the book you just read. I would like to buy a copy. It would save me time if by liking this book someone would contact me from Amazon with a link to quickly allow me to buy it.</p>
<p>&#8220;Liking&#8221; something can have any number of meanings.  Unless FB comes up with a solution for the problems caused by the misinterpretation of these meanings, the Like button will quickly become a nuisance.</p>
<p>So whats the solution ?</p>
<p>Colors.</p>
<p>Let us click on the Like button until the color and meaning we agree with shows up.</p>
<p>A green like button with the word (BUY) next to it would send a message to the website to send me a link to allow me to buy it now</p>
<p>A yellow like button with the word (Info) next to it would send a message to the website to send me general information</p>
<p>A red like button with the word (Stop) could send the message to leave me alone. I just wanted to say I liked it.</p>
<p>There are lots of colors that can offer lots of different action/non action suggestions.  Cycling through them when you click the like button would be easy. Sending the appropriate information to a monitoring program would be easy.</p>
<p>It&#8217;s the Like 2.o solution .</p>
<p>And while FB is at it, can we do the same thing for Poke&#8230;..</p>
<p>m</p>
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		<title>Chasing the Rangers</title>
		<link>http://www.crushpageone.com/2010/chasing-the-rangers/</link>
		<comments>http://www.crushpageone.com/2010/chasing-the-rangers/#comments</comments>
		<pubDate>Fri, 06 Aug 2010 13:08:21 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Blog Maverick Mark Cuban]]></category>

		<guid isPermaLink="false">http://www.crushpageone.com/2010/chasing-the-rangers/</guid>
		<description><![CDATA[First of all, nothing but the best for Chuck and Nolan.  I want the Rangers to win the World Series <a href="http://www.crushpageone.com/2010/chasing-the-rangers/" class="searchmore">Read the Rest...</a><div class="clr"></div>]]></description>
			<content:encoded><![CDATA[<p>First of all, nothing but the best for Chuck and Nolan.  I want the Rangers to win the World Series as much as any fan does and I think they have the right people on the field and off to help them do it.</p>
<p>So why did I go chasing the Rangers despite all the negative media attention ?  Because I believe  it was the right thing to do.</p>
<p>FIrst some background. This wasn&#8217;t a spur of the moment thing.  More than a year ago, before the current parties were involved (or at least I was told there weren&#8217;t others involved), I was contacted by someone  the team owed a lot of money to and asked if I would be interested in buying the team side by side with them.  I said yes.  Got information. Did some very preliminary homework and told the group I was interested. That fell through. They decided not to go forward.</p>
<p>Then I was contacted by the departing owner of the Rangers and asked if I would be interested in investing in the team . I said no, but to get in  touch if there was the opportunity to buy the team.  Not long after that, I was contacted and started the process of discussing a purchase of the team.  We had a few meetings and quite a few options were discussed. Most of the options required that I also purchase and take on expenses and assets/liabilities that I believed  were not core to the operation of the team and could in fact make things more difficult. I was not willing to do that.</p>
<p>What I was willing to do was to  make a significant enough of an investment that would catch the team up on all of their debt and provide some working capital (it would require the creditors to make some adjustments, but early discussions suggested that it would not be a problem). I was willing to go forward if i got control of the team. I want to win Championships and in my mind there was hope of winning a World Series with the Rangers</p>
<p>At that point we also had some preliminary discussions with MLB who were on board because it would avoid what appeared in my and others opinion  to be inevitable, bankruptcy.  I thought I was on my way to buying the Rangers.  At that point we signed some paperwork so we could have further meetings. It was at this point I also spend 2mm dollars on bonds in the Rangers holding company in order to get access to information about the Rangers, and also the Stars (because they are my co-tenant at the AAC). Why get the information that way ?&#8230; Trust but verify. It gave me a way to confirm what i was being told.</p>
<p>Unfortunately,  in our further discussions, I was not able to get anywhere close to doing a deal that did not have those obligations I was not willing to take.  They were deal killers for me.</p>
<p>Fast forward to December, Chuck and Nolan get exclusive rights to negotiate for the team. Which IMHO was great.I knew Chuck from back in Pittsburgh and he was coming to Mavs games and schmoozing his way through Dallas in impressive fashion. Like I knew he would.   Then the next month there was the discussion of bankruptcy. Then in  May,  the team is put  into bankruptcy. Then June. .Then  Chuck and Nolan sign their deal. Then mid July, the Rangers go to auction.</p>
<p>Around  the 2nd week in July, I got asked by someone who was considering bidding in the auction if i wanted to partner with them.  I told them that i doubted it , but I would take a look.  From that first look, it appeared to me that all those obligations that I didn&#8217;t like were still in the deal. But I was soon informed that  because of the bankruptcy auction, they could be removed.  That got my attention.</p>
<p>In my opinion if those operational issues could be removed, there would be more operating cash flow for the team. That&#8217;s a good thing.  In addition, as everyone told me time and again,  the Rangers TV deal ran out in 4 years.  Combine that with the Mavs TV deal running out just a few years later and it could either form a foundation for a new sports network, or preferably cause Fox to pay an ungodly amount of money to keep the teams on FSN.  Fox had more to lose from a competitive sports network being formed, particularly in Texas,  than a new network had to gain from being created. So the leverage of owning both teams was enormous.</p>
<p>That was a financial win for both teams.  The ability to earn more money from TV revenues for both teams meant more money could be put on the field/court.  It was a unique situation.</p>
<p>But I still had not committed to bid on the Rangers, either on my own or with someone else.  I wanted to contact Chuck first. In my mind, the ability to move Chuck /Nolan and their investors to a new group would accomplish two important things, it would get them out from under the bad obligations and it would allow them to use the leverage of the Mavs to their benefit as well. Of course I realized there were going to be huge legal bills involved in trying to figure out how to make it all work, but that came with the territory. It was the next day i made the comment to a radio station that I was trying to help and act as a backstop.</p>
<p>I got in touch with Chuck and briefly described all this. He thanked me and said that he would check into it. He quickly got back to me and said he had to keep things as they were. Which I completely understood.</p>
<p>While I understood it, to me it was a lost opportunity.  The economics got too good once the external stuff and TV were considered.  So I started looking in parallel at doing a bid myself or working with the initial folks who contacted me.  Going forward at that time meant to me that there were 3 basic outcomes:</p>
<p>1. The GRE group refuses to remove those 3rd party costs and obligations. At which point I/we win the auction and  go to Chuck and Nolan and and their  investors ask them to join our group.  Now why would they join our group ?  I couldn&#8217;t see any way on this earth that Nolan Ryan would ever leave his players and team behind.  He loves this team too much.  He has been around the league long enough to know that owners come and go, but the commitment to the guys you go to war with comes first. So i truly wasn&#8217;t concerned about him not coming. Chuck may have been more difficult. It would have been my job to convince him.  There aren&#8217;t enough hours in the day for me to run both teams like i do the Mavs. Chuck had already proven he could do the job. I would have worked hard to convince him. For Chuck/Nolan and all their investors, without the garbage expenses, the team was in a much better place.</p>
<p>I realize a lot of &#8220;commentators&#8221;  were villian-izing me. Suggesting I was trying to break things up.  They were of the opinion that there was no way Chuck or Nolan would ever come on board. I obviously thought they were wrong. And I didnt care what they said.  What I have learned in 11 years in the sports business is that the dumbest guys in the room are always the media guys. Some do a decent job of reporting, most just spew opinions.  And those opinions change more often than they brush their teeth. So what the media was saying was of zero impact or influence on what i was going to do. Listening to the media only increases your odds of failing at whatever you are doing.  So I ignore them.</p>
<p>2.  The GRE group gives up those 3rd party costs and obligations and we have an auction . If they win, which is what happened, they no longer have those obligations and as best I can tell are now in a better financial position.  Their stated purchase price before the auction was $575mm.  It ended up being around $600mm. So for 5pct they got rid of the costs and obligations. If we win, we still try to bring on Chuck and Nolan as investors and operators and we change nothing. Absolutely nothing &#8230; On the baseball side. On the business side, we start marketing hard and leverage all the success of the Rangers and we work towards increasing our media revenues by playing off Fox against starting a new network.</p>
<p>3. Someone else comes in and blows away both GRE and me in the auction and its over. In this case, at least we both gave it a shot and someone just beat us.</p>
<p>I could live with any of the 3 options.</p>
<p>As it turns out , I wasn&#8217;t in a position to go after this myself. Why ? Two reasons. First, despite what people think, I don&#8217;t keep hundreds of millions of dollars in a checking account. I prefer that it earn money doing things for me.  It is not easy to get liquid to the point of $400mm dollars or more in just a few weeks.  And in those few short weeks, its not easy to go to the banks and get a loan for a baseball team. Lots of reasons.  Some I don&#8217;t like, but it&#8217;s not.  Second, I didn&#8217;t have enough time to do all the due diligence my folks needed to do.  You don&#8217;t read every contract and get people to run numbers and advise you on what all the implications of a bankruptcy auction are in a couple weeks. I was paying people to work round the clock. I was killing my General Counsel Robert Hart to the point of exhaustion. There wasn&#8217;t enough time.</p>
<p>So a meeting was set up with Jim Crane. I liked him. He had been working on the Rangers for several years. He had all the due diligence in place. His people had scoured the contracts , etc. He had smart people around him and he had his money ready to go as well. Plus he had a relationship with the existing creditors who were willing to loan us money in order to facilitate a competitive auction. Of course the creditors were very self serving. If lending us money helped us, it helped them potentially earn more money from the auction. Together we could put together a bid.  As it turns out we could afford a purchase price up to about $600mm dollars. (Right where we left the bidding last night/this morning.)</p>
<p>From then until the auction date it was really about looking for gotchas.  What were the things that could hurt our bid in the Auction.  Most were elements that applied dealing with the bankruptcy court and the auction process.  There was a ton of paperwork that had to be in by the day before the auction and we had to figure out what went on it.</p>
<p>Along the way of course things always get interesting.  Last friday one of the parties tried to stop the auction and do a side deal. We had to shut that down. Same thing on tuesday night.</p>
<p>Fastforward to this past Tues.  We turned in our  purchase agreement with all our numbers and all the documentation saying what we would pay  for, what we wanted excluded (all those 3rd party costs) and the information required to qualify for the bid. Everyone got their copies that night.</p>
<p>The morning of the auction, Im up early. We get to the courthouse about 8am to meet. The first thing we have to do is meet with the debtors. The people who owed the money to the creditors. They are of course squeezing to include every penny they can and to exclude every type of liability. Then we have to fight over how to evaluate all that stuff.  That takes hours. It&#8217;s also why you heard GRE complain about not having our bid.  The people who owed all the money were fighting us to protect themselves. IMHO, to the negative of the people who were owed the money. We just wanted to be able to bid. GRE just wanted to know what our starting bid was.</p>
<p>We got to the courtroom and all the screaming and shouting started. There were enough blogs that tweeted and covered all that, im not going to.  It&#8217;s never fun watching how the sausage is made. And Im not a bankruptcy lawyer so I couldnt begin to explain all of it.</p>
<p>But some how the auction went on.  I have to honestly tell you there were more than a few times I thought we had the thing won. They were arguing about everything and anything to knock down our bid. I thought it was because they were out of it. As it turns out, they obviously were not. They beat us fair and square. As a result , I think they are in a better position than when they started the auction . But thats my opinion.</p>
<p>Now lets talk about MLB.  It seems to be a fun media sport to talk about how there is no way i will ever get approved  buy MLB to buy a team.  At the hearing yesterday it was mentioned that our group only had a 50/50 chance of ever being approved.  I tend to never look at the glass as being half empty or half full. I look to see who is pouring the water and to deal with them. Not the media.  I am pretty confident we would have been approved.</p>
<p>Finally lets talk about finances. Lets talk about the bonds I own. I have been getting a bunch of emails from reporters asking how much money I made on the bonds I own. Suggesting that I bid up the price of the Rangers in order to increase the value of the $2mm i spent on bonds. To all of you I offer a lesson in economics.</p>
<p>It is NEVER a good idea to risk hundreds of millions of dollars on the purchase of a team AND to spend what could come to more than a $1million in professional fees in order to increase the value of the $2mm you bought in bonds. I know its something for the media to talk about. But if any of you out there think it through, I dont want you to think i was stupid enough to do something that stupid.</p>
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		<title>Should I do this deal ?</title>
		<link>http://www.crushpageone.com/2010/should-i-do-this-deal/</link>
		<comments>http://www.crushpageone.com/2010/should-i-do-this-deal/#comments</comments>
		<pubDate>Fri, 23 Jul 2010 00:14:34 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Blog Maverick Mark Cuban]]></category>

		<guid isPermaLink="false">http://www.crushpageone.com/2010/should-i-do-this-deal/</guid>
		<description><![CDATA[This showed up in my email inbox today.&#160; It was so&#160; interesting and consise an offering&#160; I just had to <a href="http://www.crushpageone.com/2010/should-i-do-this-deal/" class="searchmore">Read the Rest...</a><div class="clr"></div>]]></description>
			<content:encoded><![CDATA[<p><span>This showed up in my email inbox today.&nbsp; It was so&nbsp; interesting and <span>consise</span> an offering&nbsp; I just had to share it with everyone and get your thoughts !</span></p>
<div>Mark,</div>
<div>Please review the following opportunity.&nbsp; This may help you in your  purchase with the Rangers.&nbsp; I know you don&#8217;t need the help.&nbsp; Please  keep in mind, I am in no way soliciting your business, just sharing  information.&nbsp; Any communication will be with proper platform manager.&nbsp;  Continued Success in 2010.</div>
<div>
<div></div>
<div>As discussed please find attached our compliance documents to be completed  by the Signatory to the account, holding the Board  Resolution.&nbsp;</p>
<p>In addition we require the following standard  documents:</p>
<p><span><span>1-</span> Passport copy of Signatory</span><br /><span><span>2-</span> Corporate Resolution  </span><br /><span><span>3-</span> Corporate Registration documents</span><br /><span><span>4-</span> <span>POF</span>&nbsp;- Account statement and  bank confirmation&nbsp;that a Swift MT 799&nbsp; Administrative Hold will <span>be  send</span> upon request.</span><br /><span><span>5-</span> Short description of company&#8217;s activities and how the  funds were earned.</span></p>
<p><span>Our 10 day bullet program is exclusive to our  Platform paying 15x the input amount to the investor.&nbsp;It will accept Cash  funds only, not <span>cash-</span> backed instruments, a minimum of Euro 100 M &#8211; max 5 B in  top 20 banks in Europe, Hong Kong and Dubai. </span></p>
<p>The funds will be  reserved in Investor&#8217;s account via Swift MT 799 Administrative Hold and  unblocked/free again after 7 days.<br />Principal amount can be  re-invested.</p>
<p><span>The investor does not need to&nbsp;submit projects as  our Platform has the FED approved and Government contracted projects for which  we receive this bullet program. After the 10 days the investor can decide to  stop&nbsp; or to continue with all or part of his return in our managed <span>buy</span>/sell  50 B contracts with R&amp;E with weekly payments, where he can have several 50 B  contracts simultaneously depending on the input amount.</span></div>
</p>
</div>
<div>Best  Regards,</p>
<p><span>Jim <span>xxxxxxxx</span></span></div>
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		<title>The End of Location Based Applications ?</title>
		<link>http://www.crushpageone.com/2010/the-end-of-location-based-applications/</link>
		<comments>http://www.crushpageone.com/2010/the-end-of-location-based-applications/#comments</comments>
		<pubDate>Mon, 19 Jul 2010 05:23:32 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Blog Maverick Mark Cuban]]></category>

		<guid isPermaLink="false">http://www.crushpageone.com/2010/the-end-of-location-based-applications/</guid>
		<description><![CDATA[I just invested in a company that takes video of an area and can tell you exactly how many people <a href="http://www.crushpageone.com/2010/the-end-of-location-based-applications/" class="searchmore">Read the Rest...</a><div class="clr"></div>]]></description>
			<content:encoded><![CDATA[<p>I just invested in a company that takes video of an area and can tell you exactly how many people are in the capture area at any given time.  It&#8217;s great for traffic patterns, security, and much more.  We are posting cameras in certain environments where anonymity is required, and we don&#8217;t and won&#8217;t capture faces or anything that could identify an individual.  We will simply provide incredibly accurate traffic information and patterns. A great application with great opportunity.</p>
<p>The next extension is to install it in places where we can add facial recognition software. So rather than someone checking in to a specific application, we would already know you are there.</p>
<p>Of course there would have to be &#8220;opt out&#8221; mechanisms. Of course there would be a battle over whether or not  a store or venue should be &#8220;opt in&#8221; vs automated recognition, but that&#8217;s not a software issue. The reality is that its solves &#8220;the path of least resistance&#8221; issue with check-ins for location-based software. Individuals never do any of the work.  The store/host recognizes you are there and rewards you for allowing your identity and information to be captured and linked.  If Amazon can &#8220;welcome us back&#8221; and offer us personalized specials, why shouldnt  brick and mortar establishments  ?</p>
<p>Even more interesting is the fact that Facebook provides a database of 500mm people and their names from around world. While not all profile pictures are going to be valid in facial recognition software, most will. Few people exclude their basic name and picture information from public search, so FB could be the first to provide a database of names and faces to the commercial world of facial recognition.</p>
<p>Location Check in is so 2010.</p>
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		<title>So Where is Lebron Going ?</title>
		<link>http://www.crushpageone.com/2010/so-where-is-lebron-going/</link>
		<comments>http://www.crushpageone.com/2010/so-where-is-lebron-going/#comments</comments>
		<pubDate>Fri, 09 Jul 2010 00:24:06 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Blog Maverick Mark Cuban]]></category>

		<guid isPermaLink="false">http://www.crushpageone.com/2010/so-where-is-lebron-going/</guid>
		<description><![CDATA[I have no idea.  To his credit, this has been the best kept secret since the formula for Coca Cola.  <a href="http://www.crushpageone.com/2010/so-where-is-lebron-going/" class="searchmore">Read the Rest...</a><div class="clr"></div>]]></description>
			<content:encoded><![CDATA[<p>I have no idea.  To his credit, this has been the best kept secret since the formula for Coca Cola.  Talking to owners, GM, players, friends of Lebrons&#8217; , no one knows.</p>
<p>So let me you give you my guess.</p>
<p>This afternoon I heard that a PR firm was telling some media outlets that Lebron was going to the Heat , but they could only be an off the record source.  When I put my PR and Media hat on, that approach made no sense at all. Why would a PR firm tell them the plan and ruin the impact of a 1 hour tv special ?</p>
<p>They would if it was a misdirection.</p>
<p>Here is how I see it. Again with my media and PR hat on.</p>
<p>Lebron steps up to the podium. In every home, bar , restaurant and event in the State of Ohio, EVERYTHING comes to a complete stop. <a href="http://best-cosmetic-plastic-surgery-procedures.org">Doctors</a> probably put a halt to the surgeries they are doing just to hear what he has to say.</p>
<p>In Miami people keep on doing what they are doing. They look at their watches and notice its past 9pm so they look for a TV or radio,, or turn on their phones and call or text their friends to see what happened with lebron. Then  they go back to what they were doing.</p>
<p>At the time of the announcement , the entire state of Ohio is holding their collective breath. Waiting. Hating ESPN for dragging it out. Threatening to kill themselves if Stuart Scott offers even a single Booyah. Wondering why Michael Wilbon cant get right to it rather than talking over way too many LBJ highlights. Feeling like its been an eternity since the show started.</p>
<p>Then the announcement comes.</p>
<p>If Lebron announces Miami, all the sports media who reported the same get to write &#8220;i told you so&#8221;. The people in Miami smile. Maybe some have a cuba libre and go about their business. The phones ring and the Heat sell a bunch of tickets. Pat Riley buys some hair gel. Erik Spolestra stresses about what happens if they dont win this year.  Everyone starts telling lies about how such and such player would love to play for the minimum salary to play with the Golden Triangle.</p>
<p>In the State of Ohio ? Forgetabbout it. People cry. People kick their dogs.  They fall into a funk. Lebron instantly becomes  the most hated person in the state, and equally hated by anyone close to people who live there.</p>
<p>Just as quickly  Art Modell is placed  on par with Mother Theresa when  compared to Lebron.  Lebron and his family will most likely have more security concerns than is imaginable. His kids going to school ? Heck, my 6 year old has gotten looks and comments when the Mavs lose&#8230; For what its worth I heard somewhere that Art Modell is still afraid  to show his face in the state and Art Modell never had to face twitter, facebook and  bloggers spewing worldwide hate.</p>
<p>On the flip side, If he says he is going back to the Cavs there are parties in the streets, horns honking, people kissing strangers. Art Modell sneaks into the state and gets a kiss.  Everyone&#8217;s wife and husband, boyfriend and girlfriend all the sudden become prettier that night. People are pouring out in the street as if a war had ended. Instead of an infamous picture of a sailor kissing a young lady , there will be a picture of a couple, both in Lebron James Cavs jerseys kissing in the middle of the street. A photo passed through the internet as a momento of a moment in time that in the big picture means  nothing, but for tonight means everything.</p>
<p>Which is exactly why I think he is going back to the Cavs.  The sports world is full of uncertainties.  When in doubt, go for the love.   Which is what you do when you make the mistake of not coming to the Mavs <img src="http://s.wordpress.com/wp-includes/images/smilies/icon_smile.gif" alt=":)" class="wp-smiley" /> </p>
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		<title>Crush Page One New Media Business Online Marketing Introduction</title>
		<link>http://www.crushpageone.com/2010/crush-page-one-new-media-business-online-marketing-introduction/</link>
		<comments>http://www.crushpageone.com/2010/crush-page-one-new-media-business-online-marketing-introduction/#comments</comments>
		<pubDate>Fri, 18 Jun 2010 22:15:01 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Get Page One Organic Traffic Seo Sem]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Crush]]></category>
		<category><![CDATA[Introduction]]></category>
		<category><![CDATA[Marketing]]></category>
		<category><![CDATA[Media]]></category>
		<category><![CDATA[Online]]></category>
		<category><![CDATA[Page]]></category>

		<guid isPermaLink="false">http://www.crushpageone.com/2010/crush-page-one-new-media-business-online-marketing-introduction/</guid>
		<description><![CDATA[
				
				
For car dealers www.YoutubeCarsandTrucks.com For smaller to medium sized businesses http We start an &#8216;experiment&#8217; June 17th, 2010 We are <a href="http://www.crushpageone.com/2010/crush-page-one-new-media-business-online-marketing-introduction/" class="searchmore">Read the Rest...</a><div class="clr"></div>]]></description>
			<content:encoded><![CDATA[<p><center><br />
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<p>For car dealers <a href="http://YouTubeCarsandTrucks.com">www.YoutubeCarsandTrucks.com</a> For smaller to medium sized businesses http We start an &#8216;experiment&#8217; June 17th, 2010 We are watching, as you have, the seemingly endless supply of economic and natural disasters hit our country, one after another. We believe that this country was built on entrepreneurship, industrious thoughts and actions, and citizens banding together for the common good when things got tough. Business, especially small to medium sized ones with no government support, are the backbone or our great country. They create true wealth, and revenue for the cities and towns they exist in, and they are the lifeblood of our nation. Without the entrepreneur, our country would be something completely different. We are going to break the barriers of online marketing capability for these smaller businesses, and also unveil highly automated marketing platforms that allow these businesses to market themselves effectively online, while being able to get back to what they do best, which is run and operate their business. We are also going to start a social media dialogue, from nothing, concerning our adventure, all the while video blogging our stops in various towns. We will be speaking to the small business owner, letting them tell us what else they need right now. We are heading in the general direction of New Orleans, June 17th, 2010, to start this social media, online marketing venture. Join us on our Facebook fan page bit.ly and twitter feed, wont you <b>&#8230;</b><br />
<strong>Video Rating: 0 / 5</strong></p>
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