heelfan
08-20-2006, 08:23 PM
Link
LOS ANGELES -- 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 a long-forgotten American Basketball Association 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, one that has paid the Silnas about $168 million and continues to pay off...
LOS ANGELES -- 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 a long-forgotten American Basketball Association 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, one that has paid the Silnas about $168 million and continues to pay off...