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Mark Cuban doubts he will return to reality TV after “Shark Tank.”

Mark Cuban doubts he will return to reality TV after “Shark Tank.”

Mark Cuban said he may quit reality television altogether as he prepares to exit the hit 16th season of ABC's hit business and entrepreneurship series “Shark Tank.”

“I get asked that a lot now that people know I’m leaving — I doubt it,” Cuban told TheWrap in response to a question about whether or not he would host another business-oriented show or return to reality TV in general. Similar to his decision to leave “Shark Tank,” the billionaire investor said he's more focused on “spending time with my family” going forward.

“I'm leaving just to spend more time with my children – they're teenagers now. When they were younger, my wife and I were allowed to tell them where and when to be; Now they don’t hear us anymore,” Cuban said. “We shoot in June and September, and getting the opportunity to spend time directly with them now, when the kids are home from school, is important. I’m tired of missing out on this.”

Mark Cuban continued "Shark tank"

While fans will miss Cuban, this won't be the last they see of the Dallas Mavericks co-owner. He still needs to make some updates to the companies he has recently invested in over the past few seasons. According to Nasdaq, Cuban has provided financial support to 85 companies since his involvement with the show.

“I still need to make updates on the companies I have invested in,” Cuban explained. “So I’ll come back and do my updates and hand it to someone.”

Cuban debuted on Shark Tank as a guest in Season 2 before officially joining as a regular investor in Season 3. FUBU founder and “Shark Tank” co-star Daymond John said if it hadn't been for Cuban, the whole show might have been successful years ago.

“Very few people know that Mark actually saved the show. The show was supposed to be canceled for the first three years because no one could explain the show. “Where is the money, when do they get the money, do you lose, do you win?”, whatever the case was. So it was really difficult for us to get on national television,” John explained. “All the other famous people at the time said, 'I'm not going on stage with five other people that no one knows.'”

Elon Musk and Mark Cuban

He continued, “Mark Cuban found out it was one of the top shows for kids and families and said, 'I'm coming for entrepreneurship.' He led the show on “(Jimmy) Kimmel (Live!)” and on “(The) Ellen (DeGeneres Show)” and then the show started to skyrocket. Mark said, “I'll stay for a year or two to help you all.” Mark stayed for 15 years after that. So it’s just an honor that he’s been such a big supporter of the show and we’re lucky to have him.”

Looking back over the now 16 seasons, Cuban said that entrepreneurship is at the heart of “Shark Tank” and what motivated him to invest his time in the first place.

“The very message it sent to all viewers of the United States of America, that the American dream is alive and well,” Cuban said. “You can see someone coming onto this carpet who is from Idaho, from New York, from LA, anywhere. Started with nothing, came from nothing, dropped out of high school and stood there trying to become a millionaire and succeeded. If they can do it, anyone watching can do it. And being able to send that message was always what was special about 'Shark Tank' for me.”

“Shark Tank” Season 16 premieres Friday, October 18 on ABC and streams the next day on Hulu.

Daniel Lubetzky (Disney/Christopher Willard)

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