Thanks to a provision in the merger of the N.B.A. and the A.B.A. in 1976, former A.B.A. team owners Ozzie and Daniel Silna have earned $255 million from the N.B.A.’s television contracts.

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BING NEWS:
  • Ex-Owners Earn Millions without a Team ; the N.B.A. May Be Sorry It Left the Spirits out of A.B.A. Merger in 1976
    The Spirits of St. Louis were left out of the N.B.A. merger, but the owners were ... the Silna brothers -- Ozzie, 79, living in Malibu, California, and Daniel, 68, living in Saddle River, New Jersey -- stand to receive millions more, all without having ...
    09/7/2012 - 1:00 pm | View Link
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BING SEARCH:
  • Former A.B.A. Owners Ozzie and Daniel Silna Earn Millions ...
    Thanks to a provision in the merger of the N.B.A. and the A.B.A. in 1976, former A.B.A. team owners Ozzie and Daniel Silna have earned $255 million from ...
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  • Ozzie Silna, Savvy A.B.A Owner Who Got Rich Off the N.B.A ...
    Ozzie Silna at his home in Malibu, Calif., in 2006. Credit Damian Dovarganes/Associated Press . Ozzie Silna, who devised a plan that brought him and his ...
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  • Spirits of St. Louis
    Spirits of St. Louis; Conference: Eastern Conference: Division: East Division: Founded: 1974: History: Houston Mavericks 1967–1969 Carolina Cougars 1969–1974
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  • American Basketball Association–National Basketball ...
    Early attempts at merger. From the very beginning, the ABA hoped to force a merger with the NBA, thus repeating the American Football League (AFL)'s successful effort ...
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