{"id":16682,"date":"2023-10-07T14:01:34","date_gmt":"2023-10-07T14:01:34","guid":{"rendered":"https:\/\/mysourcefunding.com\/leadership\/cynt-marshall-is-the-first-black-woman-to-lead-an-nba-team-the-dallas-mavericks-ceo-vows-not-to-be-the-last\/"},"modified":"2023-10-07T14:01:36","modified_gmt":"2023-10-07T14:01:36","slug":"cynt-marshall-is-the-first-black-woman-to-lead-an-nba-team-the-dallas-mavericks-ceo-vows-not-to-be-the-last","status":"publish","type":"post","link":"https:\/\/mysourcefunding.com\/?p=16682","title":{"rendered":"Cynt Marshall Is The First Black Woman To Lead An NBA Team. The Dallas Mavericks CEO Vows Not To Be The Last"},"content":{"rendered":"<div>\n<h3 class=\"subhead3-embed color-body bg-base font-accent font-size text-align\">Mark Cuban\u2019s club starts the 2023-24 season with pressure to win \u2014 the right way.<\/h3>\n<p><abbr class=\"drop-cap color-accent font-accent\">S<\/abbr>ix years into leading the Dallas Mavericks of the National Basketball Association, Cynt Marshall laughs when discussing how she got there.<\/p>\n<p>In February 2018, Marshall was occupied with another conversation when she felt vibrations from persistent notifications on her phone. Believing it was one of her four children, and without checking, Marshall gave the phone to her husband, Kenny. \u201cOne of the kids needs money,\u201d she remembers saying. Reading the text message and realizing it was Dallas Mavericks owner Mark Cuban, who <em data-ga-track=\"InternalLink:https:\/\/www.forbes.com\/forbes-400\/\">Forbes<\/em> says is worth $5.4 billion, Marshall\u2019s husband immediately returned the device.<\/p>\n<p>\u201cYou need to get off that call,\u201d Kenny advised her. \u201cThis dude doesn\u2019t need any money.\u201d<\/p>\n<p>Ultimately, Marshall would join the Mavs and become the NBA\u2019s first Black female CEO. \u201cWhen I heard about it,\u201d Marshall tells <em>Forbes,<\/em> \u201cI said, \u2018Okay, but I won\u2019t be the last.\u2019\u201d<\/p>\n<p>This week, NBA clubs ramped up operations with annual media days and training camps as players return to work. The Mavs, worth $3.3 billion, according to<em> Forbes<\/em>, will be under a lot of pressure to win, with All-Stars Luka Doncic and Kyrie Irving, whom the franchise re-signed to a $126 million, three-year contract.<\/p>\n<p><fbs-ad position=\"top\" progressive=\"\" ad-id=\"article-0-top\"><\/fbs-ad><\/p>\n<p>Marshall spoke to <em>ForbesBLK <\/em>about her journey from an AT&amp;T executive to CEO of an NBA club. Also, the Mavs boss addresses the team\u2019s loss of corporate partners and the $750,00 fine, levied by the NBA, for sitting players last season that should have been in the lineup.<\/p>\n<p>As the Mavs try to dethrone the reigning NBA champion Denver Nuggets, Marshall leads a reshuffled business unit. In January, the team added former LIV Golf and Major League Soccer executive Matt Goodman as chief operating officer. The move followed the promotion of team executive Theo Hodges to chief revenue officer. Marshall\u2019s executive staff is now 50% people of color and 50% women. C-suite makeup is a part of Marshall\u2019s fairness, equality and engagement initiative, or FEE, that she hopes will protect the franchise from past workplace misconduct allegations.<\/p>\n<p>\u201cI have to do a great job so that people won\u2019t even think twice [about hiring] somebody that looks like me,\u201d Marshall says.<\/p>\n<p>Additionally, Marshall talks about the future of the NBA\u2019s local TV rights. The Mavs are one of more than 40 professional sports teams carried by Diamond Sports Group-owned Bally Sports regional networks. In March, the company filed for bankruptcy protection and is now shedding expensive sports contracts to save money. It\u2019s unclear if the Mavs are on the chopping block. If so, it negatively impacts the club\u2019s revenue of over $360 million.<\/p>\n<p>\u201cIt\u2019s a changing industry,\u201d says Marshall. \u201cBut I\u2019m excited about what can happen with us. [There\u2019s an] opportunity to have more people watching our games internationally because we\u2019ll be able to stream all over. I\u2019m just waiting for us to be turned loose because the answer is out there.\u201d<\/p>\n<p><strong>Watch the video to see the <em>ForbesBLK<\/em> leadership interview with Dallas Mavericks CEO Cynt Marshall.<\/strong><\/p>\n<p><fbs-ad position=\"topx\" progressive=\"\" ad-id=\"article-0-topx-1\"><\/fbs-ad><\/p>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.forbes.com\/sites\/jabariyoung\/2023\/10\/07\/cynt-marshall-is-the-first-black-woman-to-lead-an-nba-team-the-dallas-mavericks-ceo-vows-not-to-be-the-last\/\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mark Cuban\u2019s club starts the 2023-24 season with pressure to win \u2014 the right way. Six years into leading the Dallas Mavericks of the National Basketball Association, Cynt Marshall laughs when discussing how she got there. In February 2018, Marshall was occupied with another conversation when she felt vibrations from persistent notifications on her phone. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":16683,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[76],"tags":[],"class_list":{"0":"post-16682","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-leadership"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Cynt Marshall Is The First Black Woman To Lead An NBA Team. The Dallas Mavericks CEO Vows Not To Be The Last | Brandiary<\/title>\n<meta name=\"description\" content=\"Mark Cuban\u2019s club starts the 2023-24 season with pressure to win \u2014 the right way. 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