Nov 17, 2008
Well, it seems that colorful Dallas Mavericks' owner Mark Cuban has been accused by the Securities and Exchange Commission of insider trading. The SEC has filed a civil lawsuit against Cuban for allegedly using insider information on a stock sale.
So, where's all the condemnation that normally accompanies the announcement of some infraction, however minor, by an NBA player? I'm not saying that Cuban is guilty, not at all. How would I know? I guess we'll find out if he's guilty, but it never seems to matter whether due process has been carried out when it comes to players. They are often thought to be guilty even after they have been proven innocent. Hell, many of them are assumed guilty before they have ever been accused of anything. Players can be victims of armed robbery and many believe that somehow the robbery was their own fault.
But I'm sure Cuban will get the benefit of the doubt. Donald Sterling, owner of the Los Angeles Clippers, has been sued by the Justice Department for housing discrimination--that's so last century--and most people don't even know about this.
Imagine if we took these accusations against Cuban and used them to paint all the NBA owners as white collar criminals? How ridiculous, right? An owner is accused of something that has yet to be proven and we turn around and dismiss all NBA owners as crooks based on an accusation against one of them.
Guilt by association is wrong whether it applies to players or owners. Nonetheless, I expect that the court of public opinion will treat Cuban much better than it does the players who find themselves among the accused.