Nike logo designer needed this same deal
#NBA #ABA #Basketball #NBAHistory #SportsBusiness #ABAMerger #HistoricDeals
=====
The NBA Finally Puts An End To The Greatest Sports Deal Of All Time
---
1976 NBA-ABA merger led to unique deal with Spirits of St. Louis owners.
Silna brothers opted for a share of future NBA TV revenue over lump sum.
Deal resulted in approximately $300 million in earnings over decades.
2014 settlement ended perpetual payments to the Silnas.