Mark Cuban unexpectedly buys an entire town near Dallas as a favor to a friend and wants to rename it Dinosaur City, Texas
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What would you do if you had billions of dollars and a friend in need? For Mark Cuban, the answer was to buy the entire town from him. The billionaire and part-owner of the Dallas Mavericks purchased the Texas Broncos in 2021 for about $2 million. But why would someone like Cuban buy a ghost town with zero residents? The answer lies in a true story of friendship.
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Cuban told Drew Barrymore on the show, “A friend of mine who played basketball had cancer and was dying, and his only real asset was this town.” That friend, Marty Price, had a Mustang, a small town that has long been in disrepair. Price didn’t want to leave his wife and children behind to deal with the challenging work of selling or maintaining a property. Cuban’s generosity allowed his friend’s family to focus on what was important during a difficult time.
Located about an hour south of Dallas, Mustang is not a bustling center where billionaires would invest. Back in 1973, Mustang broke away from the neighboring Angus town to sell alcohol, which was prohibited in Angus at the time. In its heyday, Mustang had a trailer park, strip club and fire station. Today, only a few unpaved roads and open spaces remain.
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Cuban told Business Insider that despite his surprise purchase, he has not visited the Mustang and has “no plans for it.” However, he is coming up with an idea for the town’s future. Cuban revealed on “The Drew Barrymore Show”, “We haven’t solved it yet, but we could potentially change the Texas Broncos into the Texas Dinosaurs and have all these huge , “Jurassic Park”-like dinosaurs, the idea stemmed from his investment in Dino Don, a company that makes animatronic dinosaurs for zoos and parks, and for which he also provided the Shark Tank show. support.
