The deal between Sears CEO Eddie Lampert and Mark Cuban
July 10th, 2016
“Shark Tank” investor Mark Cuban apparently doesn’t think yachts are worth the investment, but he’s open to renting.
He celebrated the July 4th holiday moored off the Hamptons in a 288-foot megayacht owned by Eddie Lampert, the chairman and CEO of Chicago-based Sears Holdings.
“The guy who owns the boat tells everyone that it’s mine,” Cuban says in the New York Post. “It’s so crazy . . . I don’t even own a boat.”
A spokesman from Sears didn’t immediately return my call.
The grand yacht reportedly has a basketball court on board, so no wonder Cuban, owner of the Dallas Mavericks might like to borrow it. (He’s been seen on it before.)
The yacht, named Fountainhead, is featured in a photo spread by photographer Peter Seyferth, who identifies the vessel as Lampert’s.