The TV Deal the NBA Wishes It Had Not Made

Discussion in 'NBA General' started by InNETSweTrust, Aug 8, 2006.

  1. InNETSweTrust

    InNETSweTrust JBB Philippines' Finest

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    And you think the players had it easy...

    <div class="quote_poster">Quote:</div><div class="quote_post">Roughly once a month, the NBA cuts 31 checks to NBA teams as revenue from its multibillion-dollar national television contract.

    There are only 30 NBA franchises, so who gets the extra check?

    The money goes to brothers Ozzie and Dan Silna, co-owners of the long-forgotten ABA team, the Spirits of St. Louis.

    Thirty years ago, Ozzie Silna, with attorney Donald Schupak, negotiated a deal that cleared the way for the ABA to merge with the NBA. It ranks as one of the best sports deals in modern times, one that has paid the Silnas about $168 million and continues to pay off.</div>

    http://www.latimes.com/sports/la-sp-aba31j...ack=1&cset=true
     

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