In 1974, the Cougars, roster and all, were overhauled and became the ABA's Spirits of St. Louis from 1974 through 1976. The remaining two ABA teams, the Kentucky Colonels and the Spirits of St. Louis, folded, with their players entering a dispersal draft. After their first NBA season, the Nets moved to New Jersey and had a few more weak seasons there before finally improving in the early 1980s as they overcame the financial penalties imposed on them during the merger. How long will the footprints on the moon last?
The merger of the American Basketball Association (ABA) with the National Basketball Association (NBA), after multiple attempts over several years, occurred in 1976.
With many semi-pro basketball players on the verge of polishing their skills enough to compete in the NBA, those that make it to the big leagues can expect a tremendous increase in salary.
[40][41] The merger was finally consummated on June 17, 1976, at the NBA league meetings in the Cape Cod Room at Dunfey's Hyannis Resort in Hyannis, Massachusetts.
Louis. [47][49] In addition to the $3 million that Brown received for agreeing to fold the Colonels and stay out of the ABA–NBA merger, he also sold Gilmore's rights to the Bulls for $1.1 million. [30]. Please update this article to reflect recent events or newly available information. [57] As of 2013, the Silna brothers have received over $300 million in NBA revenue, despite the fact that the Spirits never played a single NBA game. Ano ang pinakamaliit na kontinente sa mundo? Jefferson, North Carolina: McFarland & Company, Inc. Miller, Jeff (2003). And for the first time since 1970 the ABA will go after established NBA players. [100], Billy Cunningham, Philadelphia 76ers star: "When the Knicks were pressing and shooting 3-pointers and all of that under Rick Pitino, people acted as if that was something new. If you are 13 years old when were you born?
Filip Petrusev 21.00 Points. The Memphis Sounds moved to Baltimore as the Claws, but folded after only three preseason games after failing to post a performance bond with the league. In effect, the Nets traded their franchise player for a berth in the NBA. After the NBA owners voted in 1970 to merge with the ABA, the NBA Players Association filed a lawsuit in April 1970 to prevent the merger on antitrust grounds. Simmons, Bill (2009). The war is over. Alex Hannum, who coached in both the NBA and ABA, said at the time of Storen, "The most important problem he has is still the merger with the NBA. Gruver, Ed [24][32][33][34] With the ABA cut down to seven teams, the league abandoned divisional play. The Spirits of St. Louis and their star Moses Malone had survived the regular season but missed the playoffs. Team That Is Long Gone", "Winds shift in Chicago again with Bulls' decision to deal Deng", "Former ABA Teams, NBA & Spirits Of St. Louis Announce Conditional Settlement", "Deal may extricate Pacers from costly TV-rights deal from ABA days", "All-Star History: Slam Dunk Contest winners", Dan Pattison article on failure of 3 ABA franchises during the league's final season, https://en.wikipedia.org/w/index.php?title=ABA–NBA_merger&oldid=983441036, Articles with dead external links from May 2015, Short description is different from Wikidata, Wikipedia articles in need of updating from February 2019, All Wikipedia articles in need of updating, Creative Commons Attribution-ShareAlike License, Denotes player who has never appeared in an NBA regular season or playoff game.
[79] In part thanks to the telethon, led by Nancy Leonard (wife of Hall of Fame coach Bobby Leonard), the Pacers' average attendance jumped from 7,615 during the 1976–77 season, their first in the NBA, to 10,982 during the 1977–78 season.[79]. Overall, the ABA won more of these interleague games than the NBA did, and in every matchup of reigning champions from the two leagues, the ABA champion won, including in the final pre-merger season when the Kentucky Colonels defeated the Golden State Warriors. As part of the merger agreement, the NBA agreed to accept four of the remaining six ABA teams: the Denver Nuggets, Indiana Pacers, New York Nets and San Antonio Spurs. [1][6] The first such exhibition was played on September 21, 1971, with Kareem Abdul-Jabbar and the Milwaukee Bucks defeating the Dallas Chaparrals, 106–103. [56] The Spirits were not included in the merger, but the Silna brothers nonetheless managed to turn the merger, for them, into one of the greatest deals in the history of professional sports:[57][58][59][60], In June 1976, the remaining ABA owners agreed, in return for the Spirits folding, to pay the St. Louis owners $2.2 million in cash up front in addition to a 1/7 share of the four remaining teams' television revenues in perpetuity.
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