Mark Cuban will pay $10 million to organizations supporting women's causes after the NBA said he did not pay enough attention to the toxic workplace culture for women in the Dallas Mavericks' organization.
The Mavericks' owner has escaped any punishment after agreeing to donate the money following a probe that revealed more than 20 years of harassment and improper conduct within the NBA franchise.
"The findings of the independent investigation are disturbing and heartbreaking," said NBA commissioner Adam Silver on Wednesday. "He is ultimately responsible for the culture and conduct of his employees.
"While nothing will undo the harm caused by a select few former employees of the Mavericks, the workplace reforms and the $10 million that Mark has agreed to contribute are important steps toward rectifying this past behavior and shining a light on a pervasive societal failing -- the inability of too many organizations to provide a safe and welcoming workplace for women."
The NBA also launched its own investigation seven months ago after a Sports Illustrated article which detailed a workplace environment "rife with misogyny and predatory sexual behavior."
Most of the allegations were directed against Terdema Ussery, the former chief executive officer and president who left the team in 2015.
Cuban apologized on Wednesday to the women after the NBA said while there was no direct misconduct on Cuban's part, he overlooked what was happening under his watch.
"First, just an apology to the women involved," Cuban said. "I'm just sorry I didn't see it. I'm just sorry I didn't recognize it."
In the SI report, Ussery was accused of multiple acts of inappropriate behavior, including sexually suggestive comments and inappropriate touching, toward female employees during his almost two decades with the team.
Ussery, who was hired by the team prior to Cuban coming on board, denied the allegations to Sports Illustrated.
Cuban said he fired some employees after learning details of the magazine's report.