Mark Cuban, a long-time mainstay on the popular ABC series 'Shark Tank,' is reportedly leaving the show at the end of Season 16, stating that "it's time" for him to move on from his role on the show. Since its inception in 2009, the American version of 'Shark Tank' has had a steady core group of investors, including Mark Cuban, who became a key member of the team starting with Season 3.
The beloved ABC show is reportedly in for a major shakeup as Mark Cuban has hinted at his departure from investing on the show, leaving a vacant seat to fill. With 15 seasons under his belt, Cuban is eager to conclude his tenure with one last round of pitches in Season 16 before bidding farewell to the show for good.
Cuban broke news of his Shark Tank departure at the 1:03:25 mark below. Click here if the video is unavailable in your region.
"We are entering our 15th year, and next year will mark our 16th and final year. I have one more year to go, and it's time."
After investing in "hundreds" of startups through pitches on Shark Tank over the years, Cuban will reportedly be stepping back with less cash, but a higher level of success as many of the businesses are still in operation.
As the busy owner of the NBA’s Dallas Mavericks, Cuban is making moves to reduce his workload by 2025, starting with leaving Shark Tank. As the first main cast member to depart the show since its US inception, the impact on the series moving forward remains uncertain.
At present, none of Cuban’s Shark Tank co-stars or ABC have commented on his departure at the end of Season 16. Any further developments will be updated here.
Editor's P/S
Mark Cuban's departure from Shark Tank marks the end of an era for the popular ABC series. As a long-time mainstay on the show, Cuban's presence and expertise have been instrumental in its success. His ability to spot potential and provide valuable guidance to entrepreneurs has helped countless businesses grow and thrive.
While it is sad to see Cuban go, it is understandable that he would want to move on to new challenges. After investing in hundreds of startups over the years, he has undoubtedly made a significant impact on the entrepreneurial landscape. His legacy on Shark Tank will continue to inspire and motivate aspiring entrepreneurs for years to come.