Mark Cuban Helps College Basketball Team After They Lost $60,000 Due to Travel Company's Alleged Bankruptcy

Mark Cuban, University of Dallas basketball team Credit: Theo Wargo/Getty; University of Dallas Men's Basketball Team/TikTok NEED TO KNOW A college basketball team is giving thanks to Mark Cuban The former Dallas Mavericks owner donated $30,000 to the University of Dallas men's basketball team after their trip to Europe looked to be in doubt Now, the team hopes to raise the remaining money it needs in time for the trip in August A college basketball team in Dallas that lost $60,000 it had raised for a dream trip to Europe is one step closer to going thanks to a donation from Mark Cuban . After saving for nearly two years to play a series of games in London, the University of Dallas men’s basketball team’s trip looked to be in doubt after the company it had hired to coordinate the trip said it was filing for bankruptcy, according to The Dallas Morning News , CBS affiliate KTVT-TV and DFW affiliate NBC 5. However, the company has no record of filing for bankruptcy, CBS reported and PEOPLE has verified.

The Division III team’s head coach Matt Grahn told the outlets that the university had made two separate payments of $30,000 to Boston-based GoPlay Sports to organize the two-game trip in the United Kingdom — and then the company abruptly announced it was shutting down. “We raised over $65,000,” Grahn said. “We did anything and everything.

We ran camps. All of our camps were fundraisers. We sold concessions at soccer games in the fall.

We worked as ushers and security at AT&T Stadium for Cowboys games. ” University of Dallas men's basketball team Credit: University of Dallas Men's Basketball Team/TikTok The trip was set to honor senior forward Michael Kennedy, who grew up outside of London. The program tries to take a player not from a city within their conference home for a series of games, as an acknowledgement of their being on the team for three years, per the Morning News .