Mark Cuban: Dallas Mavericks to Accept Bitcoin, Ether 'Next Season'

The Dallas Mavericks will begin accepting cryptocurrency payments during their next season, according to owner and investor Mark Cuban.

AccessTimeIconJan 16, 2018 at 3:50 p.m. UTC
Updated Sep 13, 2021 at 7:23 a.m. UTC
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The Dallas Mavericks, the U.S. basketball team, will begin accepting cryptocurrency payments during their next season, according to owner and investor Mark Cuban.

Cuban was asked about the possibility of paying for tickets with cryptocurrency on Twitter earlier today, to which he replied: "Next season."

In a follow-up comment to CoinDesk, Cuban confirmed the news and said that the team would take both bitcoin and ethers – as well as "possibly some other currencies."

He explained:

"We will be adding a crypto payment ability for next season. We will accept BTC, Eth, possibly some other currencies. [That's] to be determined."

Cuban is a backer of industry firms such as crypto-asset investment fund 1confirmation, and Unikrn, an e-sports company within the "Shark Tank" VC's portfolio, recently held an initial coin offering that ultimately raised $31 million.

Though he didn't offer any specifics, Cuban suggested that the Mavericks' crypto-payments system could, when launched, offer support for other tokens as well beyond the more well-known cryptocurrencies like bitcoin and ether.

"We will also look at accepting tokens from companies we have traditional business relationships with as a way to expand our customer base," he told CoinDesk.

Michael del Castillo contributed reporting.

Image Credit: dean bertoncelj / Shutterstock.com

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