Nov 30, 2023 - Business

Scoop: Mark Cuban says he's never running for elective office

Dan Primack

Mark Cuban tells Axios that he never plans to run for any elective office, cooling off speculation that began after he struck a deal earlier this week to sell his majority stake in the Dallas Mavericks.

Driving the news: Cuban had previously told NBC News that he had "no plans" to run for president in 2024, but hadn't issued a blanket denial of all political ambition.

Background: Cuban first rose to fame and fortune as a dotcom-era Internet entrepreneur, and then became more of a household name as he bought the Mavericks in 2000 and later became a judge on the popular "Shark Tank" television program.

He's long been discussed as a possible candidate, including as a Republican challenger to former President Trump, but has never taken any formal steps in that direction.
The Mavericks sale came as a surprise, as did his almost concurrent announcement about leaving "Shark Tank" after next season, thus sparking the politics talk.

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Scoop: Mark Cuban says he's never running for elective office

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