Mark Cuban Calls The ‘Balance Bracelet’ A Huge Scam [Video]
Good for Cuban… even if this comes with an NBA fine. Which it shouldn’t. Whoever signed an NBA licensing agreement with this company should be the one getting fined.
That is Mavericks owner Mark Cuban who put a video on YouTube last week thrashing Power Balance, a bracelet that the makers claim helps balance and coordination. Well, they claim that until they get sued enough, then they own up to the truth. But the company is an official NBA sponsor.
A lot of NBA players wear it, but they are a superstitious lot. Plus, outside of the best headphones you may not want to take their advice on much.
Everyone knows that these bracelets don’t actually work and are just a marketing scam. The company has even been sued over $50 million dollars by customers claiming false advertising.