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Plagued by poor personnel decisions and mediocre players and coaches, the club experienced more than a decade of non-playoff basketball games.
Cuban used his new role as owner to immediately change that.
Cuban's go-getter attitude extended to the classroom as well.
He started taking psychology classes at the University of Pittsburgh during his junior year of high school.
His grandfather, Morris Chobanisky, emigrated from Russia and fed his family by selling merchandise out of the back of a truck.
Like his grandfather, Cuban displayed a tenacity for making a deal and carving out a better life for himself.
Its formation was rooted in a desire to be able to listen to Indiana Hoosier basketball games online.
After graduating in 1981, Cuban moved back to Pittsburgh and took a job with Mellon Bank, just as the company was ready to switch over to computers.He was the first owner to launch his own blog, a swirling mix of his own tech insights and thoughts on NBA basketball.The blog became wildly popular, receiving thousands of emails a day from his readers.He also had a knack for building a smart, profitable company.
In 1990, Cuban sold the firm to Compu Serve for million. Sensing that a new world awaited with the development of the Internet, Cuban and a business partner, Indiana alum Todd Wagner, started Audio Net in 1995.
With his trademark enthusiasm and doggedness, he revamped the culture of the team and its roster, erecting a new stadium and pampering his players.