CBS News
Mark Cuban says he’s leaving “Shark Tank” after one more season
Dallas Mavericks owner and entrepreneur Mark Cuban revealed he is planning to leave “Shark Tank” after filming one more season of the show.
Since 2011, Cuban has appeared on ABC’s “Shark Tank” as a permanent investor, or “shark,” hearing pitches from small business owners to invest in their companies.
“This is our 15th year. Next year, 16th year, is going to be my last year,” Cuban said last week on Showtime Basketball’s “All The Smoke” podcast, hosted by former NBA players Stephen Jackson and Matt Barnes. “So one more year to go. It’s time.”
This comes as Cuban is also in the process of selling a majority stake in the Mavericks to casino magnate Miriam Adelson, according to a report in The Dallas Morning News Tuesday. Under the terms of the deal, Cuban would still maintain full control of the team’s basketball operations. It’s unclear if that move played any role in his decision to depart “Shark Tank.”
During his time on the show, Cuban said he has invested in hundreds of companies, including BeatBox Beverages and DudeWipes — two companies he said are performing well.
The 65-year-old billionaire said he loves that the show is able to help regular people kickstart their business ventures, inspire viewers and remind its audience that the “American dream is alive and well.”
“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 on ‘Shark Tank,’ and show their business and get a deal, that’s going to inspire generations of kids, right?” Cuban said on the podcast.
The entrepreneur said his “Shark Tank” investments have, for the most part, been successful. However, he said they are currently “down a little bit” on a cash basis, but “way up” on a mark-to-market basis, which measures the current fair value of a company.
Cuban stars on “Shark Tank” alongside Robert Herjavec, Kevin O’Leary, Barbara Corcoran, Daymond John and Lori Greiner.
NEW YORK — Former New York Gov. David Paterson and his stepson were attacked in New York City on Friday night, authorities said.
The incident occurred just before 9 p.m. on Second Avenue near East 96th Street on the Upper East Side, according to the New York City Police Department.
Police said officers were sent to the scene after an assault was reported. When officers arrived, police say they found a 20-year-old man suffering from facial injuries and a 70-year-old man who had head pain. Both victims were taken to a local hospital in stable condition.
In a statement, a spokesperson for the former governor said the two were attacked while “taking a walk around the block near their home by some individuals that had a previous interaction with his stepson.”
The spokesperson said that they were injured “but were able to fight off their attackers.”
Both were taken to Cornell Hospital “as a precaution,” he added.
Police said no arrests have been made and the investigation is ongoing.
The 70-year-old Paterson, a Democrat, served as governor from 2008 to 2010, stepping into the post after the resignation of Eliot Spitzer following his prostitution scandal. He made history at the time as the state’s first-ever Black and legally blind governor.
Watch CBS News
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.
A 17-year-old boy was critically injured and a person is in custody after a gunman opened fire on a SEPTA bus in North Philadelphia Friday evening, police said.
At around 6:15 p.m., Philadelphia police were notified about a shooting on a SEPTA bus traveling on Allegheny Avenue near 3rd and 4th streets in North Philadelphia, Inspector D F Pace told CBS News Philadelphia.
There were an estimated 30 people on the bus at the time of the shooting, Pace said, but only the 17-year-old boy was believed to have been shot. Investigators said they believe it was a targeted attack on the teenager and that he was shot in the back of the bus at close range.
According to Pace, the SEPTA bus driver alerted a control center about the shooting, which then relayed the message to Philadelphia police, who responded to the scene shortly.
Officers arrived at the scene and found at least one spent shell casing and blood on the bus, but no shooting victim, Pace said. Investigators later discovered the 17-year-old had been taken to Temple University Hospital where he is said to be in critical condition, according to police.
CBS Philadelphia
Through their preliminary investigation, police learned those involved in the SEPTA shooting may have fled in a silver-colored Kia.
Authorities then found a car matching the description of the Kia speeding in the area and a pursuit began, Pace said. Police got help from a PPD helicopter as they followed the Kia, which ended up crashing at 5th and Greenwood streets in East Mount Airy. Pace said the Kia crashed into a parked car.
The driver of the crashed car ran away but police were still able to take them into custody, Pace said.
Investigators believe there was a second person involved in the shooting who ran from the car before it crashed. Police said they believe this person escaped near Allegheny Avenue and 4th Street, leaving a coat behind.
According to Pace, police also found a gun and a group of spent shell casings believed to be involved in the shooting in the same area.
“It’s very possible that there may have been a shooting inside the bus and also shots fired from outside of the bus toward the bus,” Pace said, “We’re still trying to piece all that together at this time.”
This is an active investigation and police are reviewing surveillance footage from the SEPTA bus.