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The ABA–NBA merger was a major pro sports business maneuver in 1976 when the American Basketball Association (ABA) combined with the National Basketball Association (NBA), after multiple attempts over several years. The NBA and ABA had entered merger talks as early as 1970, but an antitrust suit filed by the head of the NBA players union ...
The American Basketball Association (ABA) was a men's professional basketball major league from 1967 to 1976. The ABA merged into the National Basketball Association (NBA) in 1976, resulting in four ABA teams joining the NBA and the introduction of the NBA 3-point shot in 1979.
The Virginia Squires folded in May following the end of the regular season, but before the conclusion of the 1976 ABA Playoffs, [5] due to them being unable to make a $75,000 league assessment one month before league merger talks with the NBA began. The 1976 ABA All-Star Game saw the first place Denver Nuggets come from behind to defeat the ABA ...
The following are seasons of teams in the American Basketball Association from 1967 until the ABA–NBA merger in 1976. Subcategories This category has the following 11 subcategories, out of 11 total.
In June 1976, the remaining ABA owners agreed to a merger with the National Basketball Association, in return for the Spirits of St. Louis 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. As the NBA's popularity exploded in the 1980s and ...
With the conclusion of the 1975–76 ABA season, negotiations to finalize the ABA-NBA merger began. On June 17, 1976, Colonels owner John Y. Brown Jr. agreed to fold the Colonels in exchange for $3 million from the ABA teams entering the NBA. The Colonels' players were put into a dispersal draft along with the players from the Spirits of St. Louis.
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The 1976 ABA Playoffs was the postseason tournament of the American Basketball Association's 1975–76 season. The tournament concluded with the New York Nets defeating the Denver Nuggets four games to two in the ABA Finals. This was the final year of the ABA. The ABA-NBA merger took place on June 17, 1976.