Teamless Owners Collecting Big Check from the NBA

from Digg

The TV Deal the NBA Wishes It Had Not Made

The Silnas of the ABA's St. Louis Spirits still cash in on the contract that began with the merger in 1976.

Money for Nothing

"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."