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Joined:
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The TV Deal the NBA Wishes It Had Not Made
8/1/2006 7:06 AM
The Silnas of the ABA's St. Louis Spirits still cash in on the contract that began with the merger in 1976.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.
Silna lights his cigar with $100 bills while the current owners deal with the coaching carousel, players notable for everything except the game of basketball, dwindling TV audiences & ticket sales and.......... a smirking David Stern rushing in front of TV cameras to convince us all is well.