×

CNBC Excerpts: Billionaire Investor Mark Cuban Speaks with CNBC’s Kelly Evans on “Closing Bell” Today

WHEN: Today, Monday, September 14th

WHERE: CNBC's "Closing Bell"

Following are excerpts from the unofficial transcript of a CNBC interview with billionaire investor Mark Cuban on CNBC's "Closing Bell" (M-F, 3PM-5PM ET). Following is a link to the interview on CNBC.com: http://video.cnbc.com/gallery/?video=3000420645.

All references must be sourced to CNBC.

CUBAN ON NOT RUNNING FOR PRESIDENT

NOT AT ALL. LIKE I TOLD EAMON, I'M NOT GOING TO RUN. I DON'T REALLY HAVE ANY INTEREST IN RUNNING, BUT I DO GIVE DONALD A LOT OF CREDIT FOR CHANGING THE GAME. I MEAN, WE ARE AT THE POINT, UP UNTIL NOW, YOU HAD TO BE A PERFECT CANDIDATE. YOU COULDN'T HAVE HAD A DRINK WHILE YOU WERE GROWING UP AND I THINK DONALD CHANGED THAT. HE MADE IT OK TO BE AN IMPERFECT CANDIDATE AND I THINK THATS A GOOD THING.

CUBAN ON HILLARY CLINTON AND THE GOP

WHAT IT HAS COME DOWN TO, I THINK HILLARY HAS KIND OF BLOWN IT. I THINK THERE'S NO CHANCE FOR HER TO WIN AN ELECTION. I THINK SHE HAS JUST LOST HER SHOT. I THINK WHEN I SAID I WOULD CRUSH TRUMP, IT'S LESS ON DONALD AND MORE ON THE REPUBLICAN PARTY. THE REPUBLICAN PARTY REALLY REQUIRES ALL THEIR CANDIDATES TO CONFORM ON ALL THE SOCIAL ISSUES. AND I THINK THAT IS JUST SO OUT OF TOUCH WITH WHAT'S HAPPENING IN AMERICA TODAY THAT WHETHER IT WOULD BE ME, WHETHER IT WOULD BE A MIKE BLOOMBERG, WHOEVER ELSE IT WOULD BE – POTENTIALLY EVEN JOE BIDEN, THEY ARE GOING TO CRUSH THE REPUBLICANS.

CUBAN ON THE FINAL STRETCH

WE HAVEN'T GOTTEN INTO THE FINAL STRETCH. I THINK THERE'S STILL CANDIDATES TO COME, HOPEFULLY ON THE DEMOCRATIC SIDE. AND IF ALL WE HAD WERE THE CANDIDATES THAT WE HAVE TODAY, I THINK, AGAIN, ONCE THEY REALLY START GETTING INTO THE ISSUES AND ITS WAY TOO EARLY FOR THEM TO DO THAT – THEY WOULD BE CRAZY TO – THEN WE WILL START TO GET A BETTER UNDERSTANDING OF WHO LEGITIMATELY CAN BE IN THE OFFICE.

CUBAN ON TRUST IN THE MARKET

WE NEED TO DEAL WITH TRUST IN THE MARKETS. IF YOU MAKE $30,000 A YEAR AND YOU BUST YOUR BUTT TO SAVE $100 A MONTH FOR YOUR FUTURE OR YOUR CHILD'S FUTURE AND PUT YOU IT IN THE BANK, IT'S GOING TO EARN NO INTEREST WHATSOEVER. AND IN FIVE YEARS, YOU ARE GOING TO HAVE $6,200 OR SOMETHING LIKE THAT. SO, YOU KNOW, PEOPLE WHO ARE REALLY WORKING HARD IN THIS COUNTRY, REALLY CAN'T PUT THEMSELVES IN A POSITION TO ENSURE THEIR FUTURE BECAUSE THEY DON'T TRUST THE STOCK MARKET, THEY DON'T UNDERSTAND THE STOCK MARKET.

CUBAN ON USING MEDIA

WHEN WE LOOK AT A BILLIONAIRE CANDIDATE, WE THINK WELL, THEY CAN AFFORD IT, THEY DON'T NEED TO TAKE MONEY FROM SPECIAL INTEREST GROUPS. BUT WITH THE SUCCESS DONALD HAS HAD IN UNDERSTANDING HOW TO USE MEDIA RATHER THAN HAVING TO BUY MEDIA, I THINK, YOU KNOW, WE WILL SEE OTHER CANDIDATES THAT ARE BUSINESSPEOPLE, THAT UNDERSTAND SOCIAL MEDIA, UNDERSTAND TRADITIONAL MEDIA, BUT CAN WATCH AND SEE WHAT DONALD HAS DONE AND REALIZE YOU DON'T HAVE TO SPEND $100 MILLION, YOU DON'T HAVE TO SPEND $500 MILLION LIKE CANDIDATE – OR MORE LIKE CANDIDATES DID IN THE 2012 ELECTION.

About CNBC:

With CNBC in the U.S., CNBC in Asia Pacific, CNBC in Europe, Middle East and Africa, CNBC World and CNBC HD , CNBC is the recognized world leader in business news and provides real-time financial market coverage and business information to approximately 371 million homes worldwide, including more than 100 million households in the United States and Canada. CNBC also provides daily business updates to 400 million households across China. The network's 15 live hours a day of business programming in North America (weekdays from 4:00 a.m. - 7:00 p.m. ET) is produced at CNBC's global headquarters in Englewood Cliffs, N.J., and includes reports from CNBC News bureaus worldwide. CNBC at night features a mix of new reality programming, CNBC's highly successful series produced exclusively for CNBC and a number of distinctive in-house documentaries.

CNBC also has a vast portfolio of digital products which deliver real-time financial market news and information across a variety of platforms. These include CNBC.com, the online destination for global business; CNBC PRO, the premium, integrated desktop/mobile service that provides real-time global market data and live access to CNBC global programming; and a suite of CNBC Mobile products including the CNBC Real-Time iPhone and iPad Apps.

Members of the media can receive more information about CNBC and its programming on the NBC Universal Media Village Web site at http://www.nbcumv.com/mediavillage/networks/cnbc/.