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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 league succeeded in forcing a merger with the NBA in the 1976 offseason. Four ABA teams were absorbed into the older league: the New York Nets, Denver Nuggets, Indiana Pacers, and San Antonio Spurs. As part of the merger agreement, the four teams were not permitted to participate in the 1976 NBA draft.
The BAA merged with the NBL to form the NBA. The BAA teams from the Western Division were moved to a newly created Central Division. The Anderson Packers, Denver Nuggets, Sheboygan Red Skins, Syracuse Nationals, Tri-Cities Blackhawks, and Waterloo Hawks joined from the NBL.
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The Spurs moved to San Antonio for the 1973 ABA season after McCombs and a group of local investors purchased the then-Dallas Chaparrals of the ABA. McCombs sold his share of the franchise to ...
Ozzie (December 27, 1932 – April 26, 2016 [1]) and Daniel (born August 26, 1944 [citation needed]) Silna are American businessmen of Latvian descent [2] [3] best known for their success in the textile industry, as well as being co-owners of the American Basketball Association's Spirits of St. Louis and the lucrative deal cut to fold that team during the ABA-NBA merger.
In 1973, the franchise relocated to San Antonio and was renamed the San Antonio Spurs. [1] Three years later, the Spurs were one of four ABA franchises that joined the NBA as a result of the ABA–NBA merger. In 45 seasons since joining the NBA, the Spurs have achieved a winning record 36 times, have appeared in the NBA playoffs 38 times, and ...
The ABA was formed in the fall of 1967, and the first ABA Finals were played at the end of the league's first season in the spring of 1968. [ 1 ] [ 2 ] The league ceased operations in 1976 with the ABA–NBA merger and four teams from the ABA continued play in the National Basketball Association .