View Single Post
Old 11-12-2013, 12:20 PM   #1
albertGQ
Franchise Player
 
Join Date: Jan 2004
Exp:
Default NBA tries to end costly ABA deal

http://espn.go.com/nba/story/_/id/99...ostly-aba-deal

Quote:
Last season, the Silnas, who bought the Carolina Cougars for $1 million in 1973 before moving the club to St. Louis, received a reported $19 million from the NBA.
Since the deal was reached in 1976, the league has paid the Silnas $300 million in TV royalties. Recently, a judge ruled that the brothers also have rights to Internet revenue
Not a bad deal. I wouldn't want to settle at all. Set up my family for generations in perpetuity.
albertGQ is online now   Reply With Quote
The Following 2 Users Say Thank You to albertGQ For This Useful Post: