Mark Cuban: 'No Chance' I'll Run for President After Mavericks Sale, Shark Tank Exit

Dallas Mavericks team governor Mark Cuban isn't looking to exchange a television studio for the Oval Office.

Cuban confirmed to TMZ Sports and Vaughn Hillyard and Summer Concepcion of NBC News he has no plans to run for president in 2024, saying there's "no chance" it happens.

Hillyard reported in July the 65-year-old had spoken with No Labels, a bipartisan group weighing a third-party candidate for president, in the past but had no interest in the idea at the time.

Speculation began to grow in recent days, however, with the news that Cuban is leaving the television show Shark Tank after its 16th season. According to multiple reports, he's also working toward selling a majority stake of the Mavericks to the Adelson and Dumont families.

Shams Charania of The Athletic and Stadium reported the Mavs would be valued "in range of $3.5 billion" under the terms currently being discussed. For Cuban, a 10-figure payout could theoretically help fund a presidential campaign. His schedule will be a little more open once he's done with Shark Tank as well.

Assuming the sale goes through, Cuban will still have plenty on his plate, though. He confirmed to Newy Scruggs of NBC 5 Dallas-Fort Worth he intends to retain control of the Mavericks' basketball operations.

During the 2020 election cycle, Cuban told CNN's David Axelrod he solicited the services of a pollster to see how he would've fared as an independent presidential candidate. He said that "my family voted it down" in part because presumably would've been such a long shot.

It appears little has changed on that front, with Cuban telling TMZ Sports his family "would disown me" if he actually went on the campaign trail.