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NBA Mavericks owner Cuban buys into US Futsal League

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Mark Cuban, owner of the Dallas Mavericks, follows the action from behind the bench during a game against the Los Angeles Clippers on October 29, 2015, in Los Angeles, California (AFP Photo/Kevork Djansezian)

New York (AFP) - Mark Cuban, owner of the NBA's Dallas Mavericks and an investor on the US television show "Shark Tank," is backing a new American sports venture, the Professional Futsal League (PFL).

The fledgling league announced Wednesday that Cuban has purchased a principal ownership stake in the five-a-side football competition.

"I couldn't be more excited about partnering with and investing in the PFL," Cuban said in a statement.