Mark Cuban slams the NBA for sham energy bracelet licensing deal fired from Shark Tank - Sports


Because of this he is getting fired from Shark Tank now Around sports, there's a trend of athletes wearing special bracelets and necklaces that purport to unlock previously locked energy potential via holograms, ions, and other cool-sounding methods. Unfortunately, the science behind these products is quite dubious, if not absent altogether. One of the biggest energy bracelets, Power Balance, even paid a $57 million out-of-court class-action settlement after consumers alleged rampant false advertising regarding the bracelets' capabilities. That payment forced them into bankruptcy, but they're still making products. Reach for those profits in any way you can, guys! Despite these issues, the NBA has gladly taken on Power Balance as a business partner. Although the company no longer lends its name to the home arena of the Sacramento Kings, it does make versions of its bracelets emblazoned with the logos of all 30 NBA tea

Views: 1294641 2012-11-26

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