"There's a part of me that says, 'You know? Practicing six hours a day to do the mambo and the samba -- dances I've never heard of before?'" Cuban told Kimmel. "So there's good side."
Cuban and his professional partner Kym Johnson were among the bottom two couples based on a combination of the judges' scores from Monday night's performance episode and home viewer votes cast following the broadcast. Actress Jane Seymour and her professional partner Tony Dovolani were the other couple in the result show's bottom two.
Cuban and Johnson performed an I Dream of Genie-themed samba routine during Monday night's performance episode, and the Dancing with the Stars' judges found it entertaining but still scored it a 21 out of a possible 30 points.
It marked the second time the couple were members of the bottom two -- and while home viewer votes had been enough to save them in previous weeks -- that wasn't the case again.
Still, Cuban lost 34 pounds during the five weeks he competed on the ABC reality competition series, which is no small accomplishment considering the 49-year-old had previously undergone hip replacement surgery.
"I had the fake blood, I was ready to pop it out," Cuban joked with Kimmel.
"Literally, I have a titanium rod that goes down to here!" he continued. "How embarrassing is it? I have a scar that goes from here to here. The very first show when we were rehearsing, [the producers] were like, 'Let's just see it! Let's just see it! I just want to have it on camera just for the heck of it. We're not going to use it.'"
But ABC did use the footage during the first week of the competition, proving even billionaires can be embarassed.
"I'm getting ready to dance, it's in-front of 20 million people, I'm scared out of my wits," he explained. "I look up on the big screen... and there's my butt. Unshaved. Big scar. If I would have known, I would have gotten a Brazilian."
With the prospect of purchasing MLB's Chicago Cubs franchise and the opportunity for his NBA Dallas Mavericks team to make a trade for Kobe Bryant, Cuban will surely be busy despite his Dancing with the Stars ouster.