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05/10/2010 -
DALLAS (AP) -A company run by former Dallas Mavericks owner Ross Perot Jr. is suing the club, alleging that it's insolvent or verging on insolvency.''
According to The Dallas Morning News, Hillwood Investment Properties III Ltd. sued Dallas Basketball Ltd. Monday, alleging the Mavericks lost $50 million in the fiscal year ended June 30. Hillwood also alleges the club has lost $273 million since Mark Cuban bought a majority stake in the team in 2000 from Perot, who retains a minority stake.
The lawsuit also alleges the Mavericks company has an interest-bearing debt of more than $200 million, an equity deficit of $289 million and negative working capital of $75 million.
Cuban didn't respond to messages Monday from the newspaper or The Associated Press.Copyright © 2005 The Associated Press. All rights reserved. The information contained in the AP News report may not be published, broadcast, rewritten or redistributed without the prior written authority of The Associated Press.
<< Canadiens without Gill, Spacek makes series debut
Montreal, QC (Sportsbook Betting Lines) - The Montreal Canadiens played without
defenseman Hal Gill for Monday's Game 6 against Pittsburgh in the Eastern
Conference semifinals.
Gill was cut by a skate blade on the back of his leg
<< Stinnett kicked off Creighton basketball team
Omaha, NE (Sportsbook Betting Lines) - New Creighton basketball coach Greg McDermott
has reportedly kicked guard P'Allen Stinnett off the team.
Stinnett had been suspended late in January by former head coach Dana Altman
for "conduct not accept
<< LPGA golfer Blasberg dead at 25
Daytona Beach, FL (Sportsbook Betting Lines) - LPGA golfer Erica Blasberg has died of
unknown causes, according to the Tour and her agent Chase Callahan.
Blasberg, 25, was in her sixth season on the LPGA Tour. She turned
professional in
<< Tigers' Willis scratched from start
Detroit, MI (Sportsbook Betting Lines) - Detroit Tigers pitcher Dontrelle Willis has
been scratched from his scheduled start Monday against the New York Yankees
because of an illness.
Instead, Brad Thomas will start for the Tigers. Thomas also
Flyers' Boucher leaves game >>
Boston, MA (Sportsbook Betting Lines) - Philadelphia Flyers goaltender Brian
Boucher left Game 5 of his club's Eastern Conference semifinal series against
Boston with an apparent lower-body injury.
Boucher was hurt at the 4:35 mark of t
Dodgers place P Haeger on DL >>
Phoenix, AZ (Sportsbook Betting Lines) - The Los Angeles Dodgers placed knuckleball
pitcher Charlie Haeger on the 15-day disabled list with plantar fasciitis.
The 26-year-old is 0-4 with a 8.49 earned run average in seven games -- five
starts -
UNC Wilmington names Cooper-Dyke women's coach >>
Wilmington, NC (Sportsbook Betting Lines) - North Carolina-Wilmington has named Hall of
Fame electee Cynthia Cooper-Dyke its new women's head basketball coach.
Cooper-Dyke won a pair of NCAA women's titles at Southern California and
captured f
Saints' WR Meachem out until training camp >>
New Orleans, LA (Sportsbook Betting Lines) - New Orleans Saints wide receiver Robert
Meachem will likely be out until the start of training camp after undergoing
toe surgery on Monday.
The procedure was to fix torn cartilage in the second to
Kurt Warner to start, Matt Leinart to watch
Despite the debate that's swirling , Kurt Warner will remain the starting quarterback for the Arizona Cardinals, coach Dennis Green said today. The Arizona Cardinals are the +7 point underdog at online sportsbook MySportsbook.com for this Sunday's game.
Green's comment came in a statement released by the team following an ESPN report that Green decided that rookie Matt Leinart would replace Warner as starter for Sunday's game at Atlanta.
"Generally talking about the starting lineup is not something we do," Green told the AP. "However, given the speculation that was out there we want to make it clear. We're disappointed after last week, but we still expect to be a playoff football team and we fully expect Kurt Warner to be the quarterback that leads us. That has not changed."
To visit this online sportsbook got to MySportsbook.com for all your bet on football needs.
Work left to do: Villanova, Syracuse, DePaul, West Virginia, Providence
Notre Dame and Louisville appear to have done enough to make the move, so we'll make them locks. The Cardinals, despite a modest RPI, are trending way up and have clinched at least a tie for third in the Big East, which should be more than enough with their pair of big road wins. Villanova got back to .500 and gets back to more solid footing. Syracuse got a very important road win and crippled a fellow contender in the process. West Virginia's fate could be in its hands Tuesday at Pitt.
Work left to do:
Villanova [18-9 (7-7), RPI: 21, SOS: 5] Pounded Rutgers to get back to .500. If Cats can get their last two (at UConn, vs. Syracuse), that should be enough with strong computer numbers and a host of wins away from The Pavilion. The Cats have beaten Texas and swept the Big 5 (never easy in Philly), but have a couple of losses to bubble teams (Xavier, Drexel), too. I still think they'll be OK, possibly even at 8-8.
Syracuse [20-8 (9-5), RPI: 53, SOS: 62] History says 10 wins will be plenty, but it might be hard for the Orange to get that last one with a final two vs. G'town, which is trying to win the league title, and at Villanova, which will be desperate for a W. The relative lack of nonconference heft and the weak computer numbers are still concerns, but the Orange have won four in a row and got a very, very big win at Providence on Saturday.
DePaul [16-12 (8-7), RPI: 54, SOS: 18] Beat Cincy and should get past South Florida to get to 9-7, but then what? They have beaten Kansas and Cal (right after the DeVon Hardin injury) earlier this season, but also have lost to Bradley and Purdue, among others. They'll likely need a couple of BE tourney wins, too, but we'll see ...
West Virginia [19-7 (8-6), RPI: 58, SOS: 125] The game at Pitt on Tuesday night could decide the Mountaineers' fate (barring a deep tournament run). They can still get to 9-7 in the Big East without it by beating Cincinnati, but the nine wins would be against UConn, Villanova, St. John's, South Florida, DePaul, Rutgers, Seton Hall twice and the Bearcats. Beating bubble foes is fine, but where's the beef? Outside of beating PG-less UCLA in nonconference play (still a top quality win), there's not a lot to fall back on (besides maybe NC State). WVU vs. Syracuse would be an interesting debate, as the teams don't play in the Big East regular season. WVU has the best win, but Cuse has played the much better schedule.
Providence [17-10 (7-7), RPI: 70, SOS: 33] The Friars likely saw their at-large hopes die at home in the four-point loss to Syracuse, barring an unexpected run to the Big East semis or more. The RPI, bad already, won't be helped by playing St. John's and South Florida in the final two league games.
For more March Madness odds go to MySportsbook.com
For more College Basketball betting lines go to BettingExpress.com
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