Wednesday, February 14, 2018

Donald Carter obit

Mavericks founding owner Don Carter passes at 84

 

He was not on the list.


The man responsible for bringing NBA basketball to Dallas has passed away at 84 years old. Don Carter, the founding owner of the Dallas Mavericks, died Wednesday night at his home in Uptown Dallas.

Carter was the man who hoisted the Larry O'Brien Trophy after the Mavericks won the 2011 NBA Finals, as owner Mark Cuban insisted league commissioner David Stern hand Carter the trophy -- a moment many Mavs fans remember fondly.

"He is Mr. Mavericks," Cuban told the Star-Telegram in 2015. "There are no Mavericks without Mr. C and Mrs. [Linda] C. There's nobody more important to this organization, and I would put him ahead of Dirk [Nowitzki]. Without him, we are not here."

Carter helped convince the National Basketball Association that having a team in Dallas would be worthwhile. A long battle, a $12 million league entry fee, and $27 million for Reunion Arena, and on May 1st, 1980, the Dallas Mavericks were born. Carter was the primary owner of the franchise until 1996, when he sold a controlling stake to Ross Perot, Jr., and he maintained ownership of a small portion of the franchise for the remainder of his life.

That initial $39 million turned into $125 million by the time he sold his controlling stake to Perot. Carter initially made his money in the 'Home Interiors and Gifts' retail business that his mother started.

He didn't know much about basketball before becoming owner of the Mavs. In fact, not anything.

“Not a thing,” he told the New York Times in 2011. “My wife, Linda Jo, is the basketball guru, and I was stupid enough to promise her a basketball team and had to keep that promise.”

More than 30 years later, accepting the trophy was a tremendous moment for a man who saw his basketball life come full circle.

“I was touched, really touched,” Carter said, via the Times. “I knew this day was going to come, but I just wondered if I was going to be in a wheelchair for it.”

He wasn't. Not hardly. Standing tall, with his Cowboy hat on, Carter held the trophy high in the air, victorious.

Carter, along with Norm Sonju, founded an NBA expansion team, the Dallas Mavericks, in 1980. When Sonju had difficulty securing the funds needed for the US$12 million expansion entry fee, Carter stepped forward to guarantee its payment. This initial investment in the team (US$42.6 million in today's terms) eventually earned him US$125 million (US$233 million in today's terms) when he sold the team in 1996 to an investment group led by Ross Perot Jr.

He was an investor and businessman who was a founding owner of the Dallas Mavericks of the National Basketball Association (NBA) and the Dallas Sidekicks of the Major Indoor Soccer League (MISL).

Carter was born into a poor family in Arkansas on July 5, 1933. Carter's mother remarried when he was 15. He dropped out of high school and got a job at a gas station that paid enough to keep the car he used for drag racing running.

After doing his military service in the U.S. Air Force, he joined his mother, Mary C. Crowley, in the successful company she founded selling interior decoration with a home party plan, Home Interiors and Gifts. The business was sold to Hicks, Muse, Tate & Furst and netted Carter millions of dollars.

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