that in 1976, when the NBA was merging with the ABA, Ozzie and Daniel Silna turned down an offer to sell their ABA team for $3.3 million. Instead, they negotiated a deal to receive a share of the NBA media rights in perpetuity. Through this deal they eventually earned about $800 million.

by | Oct 27, 2022 | Fun Facts, Knowledge Chops

that in 1976, when the NBA was merging with the ABA, Ozzie and Daniel Silna turned down an offer to sell their ABA team for $3.3 million. Instead, they negotiated a deal to receive a share of the NBA media rights in perpetuity. Through this deal they eventually earned about $800 million.
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Fun Fact: that in 1976, when the NBA was merging with the ABA, Ozzie and Daniel Silna turned down an offer to sell their ABA team for $3.3 million. Instead, they negotiated a deal to receive a share of the NBA media rights in perpetuity. Through this deal they eventually earned about $800 million.

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