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Basketball, Mark Cuban, Muggsy Bogues

Mark Cuban Honored Muggsy Bogues’ Contract After Retirement

September 16, 2011 by Larry Brown • Comments
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Mark Cuban is an affluent man who is generous with his wealth, but we didn’t realize his kindness extended this far. Former NBA player Muggsy Bogues recently told Slam that his contract was paid in full by the Dallas Mavericks, even after he retired.

“I’ve never met Mr. Mark Cuban, but I tell people that I thank him more than life itself,” Bogues told Slam. “I had three years left on my contract when my mom passed away, and I decided it was time to move on [from basketball]. I walked away from the game with three years left on my contract. [Mark Cuban] could have easily just have bought me out of my contract, but he went on and honored it and paid the three years out and never looked back.”

Considering the lengths some franchises go to ensure they don’t have to pay money — or even that they recoup money after its been paid — this is a stunner. Bogues never played a game for the Mavericks but was paid $3 million by the team.

Cuban may come across as someone trying to show off when he throws around his money, but it’s obviously not an act. He seems to be a genuinely generous man, even if his actions often rub us the wrong way.

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