**BREAKING NEWS: Mark Cuban Announces Departure From "Shark Tank" After 16 Seasons**

BREAKING NEWS: Mark Cuban Announces Departure from “Shark Tank” After 16 Seasons

WHO: Mark Cuban, billionaire investor and owner of the Dallas Mavericks.

WHAT: Announced his official departure from the long-running ABC reality business series “Shark Tank,” concluding a 16-season tenure as a primary investor and panelist.

WHEN: The announcement was made public earlier today, with Cuban confirming that the upcoming Season 16 will be his last.

WHERE: The news broke via a formal statement released to major media outlets, with Cuban also addressing the decision on his verified social media accounts.

WHY: Cuban stated he is stepping away to focus more time on his family, his expanding business ventures, and a new philanthropic initiative aimed at advancing technological education in underserved communities. He emphasized the decision was amicable and made with gratitude for the platform the show provided.

HOW: Cuban will not appear as a full-time investor for future seasons. However, sources indicate he may participate in a limited capacity for special episodes or farewell features. ABC and Sony Pictures Television have confirmed they are in preliminary discussions regarding casting his replacement.