NEW YORK -- Mark Cuban always holds court with the media when his Mavericks make their annual visit to Madison Square Garden. On Sunday, he said he'd support Seattle's efforts to return to the NBA.
"As long as it’s not an expansion team, yes," Cuban said. "... I voted against the move because I thought it was wrong to leave Seattle. I’d be all for a team going back to Seattle. But it would have to be a team that moves. I’d be against any type of expansion."
Plans for a $490 million arena aimed at attracting an NBA and NHL team to Seattle were unveiled this week, with a $290 million commitment from investors led by Seattle native and hedge-fund manager Chris Hansen. The balance of the funds would come from tax revenues generated by the building and rent paid by the teams, according to the plan.
But with the NBA already in a state of overexpansion, the irony for Seattle is that its path back to the NBA would have to entail doing what Oklahoma City did to Seattle in 2008: luring a team from somewhere else. The likely suspects are Sacramento and New Orleans, where both NBA teams are facing uncertain arena situations.
"Teams go in cycles," Cuban said. "When you're at the top of the cycle, like Sacramento when they were winning, they were selling out every game and it was one of the hardest places to play. But it’s really how the market supports the team when you suck."
A vote by the Sacramento City Council is expected by the end of the month on a funding plan for a new downtown arena for the Kings. Sources say the NBA has narrowed its list of potential buyers for the league-owned Hornets to a handful of groups -- possibly two -- that would keep the team in Louisiana. The announcement of a purchase agreement could come soon after All-Star weekend, pending the resolution of talks between the league, Gov. Bobby Jindal's office and the Louisiana legislature on a new arena lease.
"We continue to work with the Hornets to reach a long-term leasing agreement," Frank Collins, Jindal's press secretary, said in a statement provided to CBSSports.com.
Cuban also weighed in on the new collective bargaining agreement, which he helped negotiate as a member of the owners' labor relations committee. Asked when it will be known whether the owners got a good deal or a bad deal, Cuban said, "We'll find out over the next three or four years. We’ll see what happens when we have a chance to opt out of it in six years.
Asked what criteria should be used to evaluate the new CBA, Cuban said, "Are all the teams making money? ... If all the teams have a chance to compete, then you have a better chance of making money. If you have a better chance of retaining your star players, you have a better chance of making money. So they all go hand in hand."