Billionaire Mark Cuban recently announced he is swimming away from the popular show Shark Tank, and fellow shark Daymond John gave him credit for making the show a hit after all these years.
The show is in its 15th season, and the Dallas Mavericks owner said season 16 will be his last. FUBU founder John said that Cuban’s belief in the show’s importance was part of its
longevity. John credited Cuban for putting his all into the series when it was on the brink of being canceled three seasons in. The fellow shark wished the best for Cuban in his new endeavors, as the two have grown close over the years, even collaborating on numerous deals negotiated on the show.Cuban announced during an appearance on the popular podcast All The Smoke with former
NBA players Stephen Jackson and Matt Barnes as hosts. The successful business owner told the hosts, “It’s time,” when asked why he was suddenly leaving. “I feel like in doing ‘Shark Tank’ all these years, we’ve trained a generation of entrepreneurs, multiple generations of entrepreneurs that if somebody can come from Iowa or Sacramento or wherever, and show up on the carpet of ‘Shark Tank’ and show their business and get a deal, it’s going to inspire generations of kids,” Cuban said.“That’s what happens, right? Now we’ve got people coming on saying, ‘I watched you when I was 10 years old.'”
Since his announcement, Cuban has been making some interesting moves with his NBA team that have raised some eyebrows. He sold his majority stake, reportedly valued at $3.5 billion, causing speculation that he could be running for president of the United States. The speculations aren’t too far off as he has entertained the idea before, once saying he would run on the Republican ticket to challenge Donald Trump. But the political dreams may be rumors, as he said there was “no chance” he was running for office.