In exchange for dropping their claims, the plaintiffs say they were promised a portion of the economic benefit – including TV revenue – they would have earned had they been allowed to join the NBA. The Silnas recognized that acquiring an ABA team meant that NBA would need to negotiate a deal with them if it wanted to merge with the ABA; similar opportunities exist in real estate, IP investing, and other areas of business in which larger enterprises need specific assets belonging to a smaller entity. The ABA offered the franchises $3 million each to fold.
When it's all said and done, shortsightedness will cost the NBA near a billion dollars. The NBA is currently engaged in settlement talks with Ozzie and Daniel Silna to end a contract that has long been described as "the greatest sports business deal … Now the city is the first urban center in California where the risk of infection is rated as minimal. "I got into basketball not to make the money," Silna said. California’s November election will feature 12 statewide ballot measures.
The NBA paid the owner of the Kentucky Colonels $3.3 million, which he later used to buy the Boston Celtics, according to media reports. I just looked at it as a way of being fair.". So far, they've netted about $168 million from their ownership of a struggling team during the final days of the American Basketball Association. The NBA had also grown to 30 teams - increasing the Silnas' profits to beyond 4/7 of what the other teams received. Don't be too hard on yourself if something fails, just keep up the good work. One-seventh times four -- four teams were admitted to the NBA -- equals four-sevenths, which is the cut the Silnas get each year. The deal ended up giving the Spirits owners more than $14 million a year, and was extended for another eight years in June 2007. Sources: NBA tries to end costly ABA deal, Sources: NBA eyes pre-Xmas start, 72 games, Riley ready to run it back with similar Heat team, Bucks' Hill flies to Wisconsin to urge early voting, NBA draft to be held virtually at ESPN Nov. 18, Stan Van Gundy named new coach of Pelicans, Wolves don't see clear choice for No. Brown haggled the ABA up … Without having to dole out salaries or money on stadium leases, the Silnas earn more each season than most NBA teams.
But it’s the greatest deal known to man. All of that made them a lucrative property when it came time to merge -- not so much for the team they were, but for the individual parts they could produce, each of which would be scavenged by the original NBA teams, who were hungry for the talent. The Silnas’ contract stands ironclad, despite occasional court challenges. The Silnas would get $3 million, plus a share of the TV revenue from the four teams entering the NBA.
It was called polyester. In 1974, Ozzie Silna and his younger brother, Daniel, bought the failing Carolina Cougars of the American Basketball Association for about $1 million, and moved the team to St. Louis. How San Francisco became a COVID-19 success story as other cities stumbled. Colonels owner John Y. He assumed it wouldn't be him. MANHATTAN (CN) – The Spirits of St. Louis sued the Denver Nuggets, the Indiana Pacers, New Jersey Nets, and San Antonio Spurs and the NBA in a long-running dispute over the expansion that effectively destroyed the American Basketball Association. Where to vote.
As part of a concept he had come up with months earlier, he negotiated to receive four-sevenths of a share of the NBA's annual TV revenue for as long as the NBA was around. Thirty years ago, Ozzie Silna, with attorney Donald Schupak, negotiated a deal that cleared the way for the ABA to merge with the NBA. The deal ended up giving the Spirits owners more than $14 million a year, and was extended for another eight years in June 2007. "You've got to be lucky in a lot of this stuff," Silna said.
When the Virginia Squires folded, the ABA and NBA had just two teams left to deal with: The Kentucky Colonels and the Spirits. The Silna brothers are the former owners of an old ABA franchise known as the Spirits of St. Louis. This deal was based on the argument that all seven remaining ABA franchise deserved an equal share of the TV revenue of the ABA teams that joined the NBA…
As the NBA’s popularity rose, so did the league’s TV contract and the Silnas’ cut. Brown, Jr., the owner … In 1973 they stuck a deal to purchase the ABA's struggling Carolina Cougars for $1 million . The Silnas will retain an unknown but smaller share of TV revenues, but the NBA will have a future option to buy them out. In fact, there's no work to do at all. La seconde fut fondée à la fin des années 1990 (ABA), et est une ligue mineure.
The owners of the sixth team, the Kentucky Colonels, accepted a one-time payment of approximately $3-Million to walk away.
The NBA has long tried to get out of the infamous arrangement, which paid out a reported $19 million last season alone. As part of the deal, the Silnas are reported to be receiving a $500 million upfront payment from the former ABA teams. The other NBA teams share their revenue among all 30 teams.
“We honor the deal,” said Donnie Walsh, the Indiana Pacers’ chief executive. "I got into basketball for the thrill of owning the team, and to make money at the same time.". Attendance stagnated in the team’s second year, and it soon became apparent the Spirits would not survive the impending merger. In addition, the Kentucky Colonels–Indiana Pacers rivalry was the league's fiercest, and in all of professional basketball (NBA included), the Colonels ranked sixth in attendance.
“But still, the TV revenue was minuscule compared with baseball and the NFL.”. Colonels owner John Y.
The colorful team featured future NBA players Marvin Barnes, Maurice Lucas and Moses Malone and young radio announcer Bob Costas. That's how we came up with the one-seventh" figure. Another team -- the Virginia Squires -- had failed as a business and was gone before the merger. A huge profit from the sale of that business gave Silna and his brother, both big sports fans, the resources to make a run at a pro basketball team.
1/07/14 4:06PM • Filed to: nba. The deal turned out to be so lucrative that several NBA teams have tried to break it, without success. Enterprising brothers converted NBA buyout of ABA team into multimillion-dollar windfall, https://www.seattlepi.com/news/article/Enterprising-brothers-converted-NBA-buyout-of-ABA-1204630.php. But Ozzie Silna kept haggling for more, and he finally reached a deal in a swank Massachusetts hotel room. When the ABA merged with the NBA in 1976, the Silnas agreed to dissolve their team in exchange for a small percentage of the NBA's future broadcast revenue. The NBA failed to understand the value of its future television revenue stream; the Silnas recognized the golden opportunity. In the early '70s, Silna became one of the first to tinker in a new material.
"I thought that seventh team deserved the same benefit as the other six.
Silna isn't renowned like Donald Trump or Bill Gates, or even as well-known as NBA owners Mark Cuban or the Maloof brothers.
How two brothers made $800 Million as basketball team owners - without actually owning a team. Three decades ago when the Silnas struck their deal, the renegade ABA, known for its red-white-and-blue ball, three-point shots and star Julius Erving, was struggling financially.
The alternate reality, where the payouts to the Silnas remained small, was a world in which the NBA didn't become big enough to sign $7.4 billion TV contracts. Silna, meanwhile, reaps the benefits. John …
This deal was based on the argument that all seven remaining ABA franchise deserved an equal share of the TV revenue of the ABA teams that joined the NBA; such an argument made logical sense, and, as, at the time, basketball-related television viewership and revenue was tiny compared what it is today -- the NBA playoffs were not even broadcast live -- the parties agreed to the arrangement. The Squires, however, didn't make it through the next couple of weeks. Today, the value is around $300 million, but that's only if the owners are willing to cash out. "We saw some room for growth there," he said. Every year, when it came down to take a look at the budgeting process we would all just shake our heads.”. Silna wasn't willing to go away that easily. Overall, they've collected about $168 million since the merger, an amount that has grown mightily through investments.
"But remember one thing," Silna said. "You try to live by the Golden Rule," Silna said. Barry Petchesky . What more can you say?”, The key line in the Silnas’ TV contract that makes NBA executives cringe reads: “The right to receive such revenues shall continue for as long as the NBA or its successors continues in its existence.”. 1 pick, The people with all the power in NBA free agency, What our NBA experts like and don't like about a pre-Christmas start, Best and worst cases for the Warriors, the Knicks and the teams we haven't seen since March, NBA free agency and trade debate: How the Pelicans help Zion, and bold predictions, Predicting the big decisions surrounding Giannis, the 76ers, CP3 and the Warriors' pick, How former NBA star Nate Robinson ended up boxing on Mike Tyson's undercard, NBA Power Rankings, way-too-early edition: What's next for Lakers, Heat and all 30 teams, These Lakers made it through every moment that could have broken them, Formerly at the New York Times, 1998-2004.
In exchange for dropping their claims, the plaintiffs say they were promised a portion of the economic benefit – including TV revenue – they would have earned had they been allowed to join the NBA. The Silnas recognized that acquiring an ABA team meant that NBA would need to negotiate a deal with them if it wanted to merge with the ABA; similar opportunities exist in real estate, IP investing, and other areas of business in which larger enterprises need specific assets belonging to a smaller entity. The ABA offered the franchises $3 million each to fold.
When it's all said and done, shortsightedness will cost the NBA near a billion dollars. The NBA is currently engaged in settlement talks with Ozzie and Daniel Silna to end a contract that has long been described as "the greatest sports business deal … Now the city is the first urban center in California where the risk of infection is rated as minimal. "I got into basketball not to make the money," Silna said. California’s November election will feature 12 statewide ballot measures.
The NBA paid the owner of the Kentucky Colonels $3.3 million, which he later used to buy the Boston Celtics, according to media reports. I just looked at it as a way of being fair.". So far, they've netted about $168 million from their ownership of a struggling team during the final days of the American Basketball Association. The NBA had also grown to 30 teams - increasing the Silnas' profits to beyond 4/7 of what the other teams received. Don't be too hard on yourself if something fails, just keep up the good work. One-seventh times four -- four teams were admitted to the NBA -- equals four-sevenths, which is the cut the Silnas get each year. The deal ended up giving the Spirits owners more than $14 million a year, and was extended for another eight years in June 2007. Sources: NBA tries to end costly ABA deal, Sources: NBA eyes pre-Xmas start, 72 games, Riley ready to run it back with similar Heat team, Bucks' Hill flies to Wisconsin to urge early voting, NBA draft to be held virtually at ESPN Nov. 18, Stan Van Gundy named new coach of Pelicans, Wolves don't see clear choice for No. Brown haggled the ABA up … Without having to dole out salaries or money on stadium leases, the Silnas earn more each season than most NBA teams.
But it’s the greatest deal known to man. All of that made them a lucrative property when it came time to merge -- not so much for the team they were, but for the individual parts they could produce, each of which would be scavenged by the original NBA teams, who were hungry for the talent. The Silnas’ contract stands ironclad, despite occasional court challenges. The Silnas would get $3 million, plus a share of the TV revenue from the four teams entering the NBA.
It was called polyester. In 1974, Ozzie Silna and his younger brother, Daniel, bought the failing Carolina Cougars of the American Basketball Association for about $1 million, and moved the team to St. Louis. How San Francisco became a COVID-19 success story as other cities stumbled. Colonels owner John Y. He assumed it wouldn't be him. MANHATTAN (CN) – The Spirits of St. Louis sued the Denver Nuggets, the Indiana Pacers, New Jersey Nets, and San Antonio Spurs and the NBA in a long-running dispute over the expansion that effectively destroyed the American Basketball Association. Where to vote.
As part of a concept he had come up with months earlier, he negotiated to receive four-sevenths of a share of the NBA's annual TV revenue for as long as the NBA was around. Thirty years ago, Ozzie Silna, with attorney Donald Schupak, negotiated a deal that cleared the way for the ABA to merge with the NBA. The deal ended up giving the Spirits owners more than $14 million a year, and was extended for another eight years in June 2007. "You've got to be lucky in a lot of this stuff," Silna said.
When the Virginia Squires folded, the ABA and NBA had just two teams left to deal with: The Kentucky Colonels and the Spirits. The Silna brothers are the former owners of an old ABA franchise known as the Spirits of St. Louis. This deal was based on the argument that all seven remaining ABA franchise deserved an equal share of the TV revenue of the ABA teams that joined the NBA…
As the NBA’s popularity rose, so did the league’s TV contract and the Silnas’ cut. Brown, Jr., the owner … In 1973 they stuck a deal to purchase the ABA's struggling Carolina Cougars for $1 million . The Silnas will retain an unknown but smaller share of TV revenues, but the NBA will have a future option to buy them out. In fact, there's no work to do at all. La seconde fut fondée à la fin des années 1990 (ABA), et est une ligue mineure.
The owners of the sixth team, the Kentucky Colonels, accepted a one-time payment of approximately $3-Million to walk away.
The NBA has long tried to get out of the infamous arrangement, which paid out a reported $19 million last season alone. As part of the deal, the Silnas are reported to be receiving a $500 million upfront payment from the former ABA teams. The other NBA teams share their revenue among all 30 teams.
“We honor the deal,” said Donnie Walsh, the Indiana Pacers’ chief executive. "I got into basketball for the thrill of owning the team, and to make money at the same time.". Attendance stagnated in the team’s second year, and it soon became apparent the Spirits would not survive the impending merger. In addition, the Kentucky Colonels–Indiana Pacers rivalry was the league's fiercest, and in all of professional basketball (NBA included), the Colonels ranked sixth in attendance.
“But still, the TV revenue was minuscule compared with baseball and the NFL.”. Colonels owner John Y.
The colorful team featured future NBA players Marvin Barnes, Maurice Lucas and Moses Malone and young radio announcer Bob Costas. That's how we came up with the one-seventh" figure. Another team -- the Virginia Squires -- had failed as a business and was gone before the merger. A huge profit from the sale of that business gave Silna and his brother, both big sports fans, the resources to make a run at a pro basketball team.
1/07/14 4:06PM • Filed to: nba. The deal turned out to be so lucrative that several NBA teams have tried to break it, without success. Enterprising brothers converted NBA buyout of ABA team into multimillion-dollar windfall, https://www.seattlepi.com/news/article/Enterprising-brothers-converted-NBA-buyout-of-ABA-1204630.php. But Ozzie Silna kept haggling for more, and he finally reached a deal in a swank Massachusetts hotel room. When the ABA merged with the NBA in 1976, the Silnas agreed to dissolve their team in exchange for a small percentage of the NBA's future broadcast revenue. The NBA failed to understand the value of its future television revenue stream; the Silnas recognized the golden opportunity. In the early '70s, Silna became one of the first to tinker in a new material.
"I thought that seventh team deserved the same benefit as the other six.
Silna isn't renowned like Donald Trump or Bill Gates, or even as well-known as NBA owners Mark Cuban or the Maloof brothers.
How two brothers made $800 Million as basketball team owners - without actually owning a team. Three decades ago when the Silnas struck their deal, the renegade ABA, known for its red-white-and-blue ball, three-point shots and star Julius Erving, was struggling financially.
The alternate reality, where the payouts to the Silnas remained small, was a world in which the NBA didn't become big enough to sign $7.4 billion TV contracts. Silna, meanwhile, reaps the benefits. John …
This deal was based on the argument that all seven remaining ABA franchise deserved an equal share of the TV revenue of the ABA teams that joined the NBA; such an argument made logical sense, and, as, at the time, basketball-related television viewership and revenue was tiny compared what it is today -- the NBA playoffs were not even broadcast live -- the parties agreed to the arrangement. The Squires, however, didn't make it through the next couple of weeks. Today, the value is around $300 million, but that's only if the owners are willing to cash out. "We saw some room for growth there," he said. Every year, when it came down to take a look at the budgeting process we would all just shake our heads.”. Silna wasn't willing to go away that easily. Overall, they've collected about $168 million since the merger, an amount that has grown mightily through investments.
"But remember one thing," Silna said. "You try to live by the Golden Rule," Silna said. Barry Petchesky . What more can you say?”, The key line in the Silnas’ TV contract that makes NBA executives cringe reads: “The right to receive such revenues shall continue for as long as the NBA or its successors continues in its existence.”. 1 pick, The people with all the power in NBA free agency, What our NBA experts like and don't like about a pre-Christmas start, Best and worst cases for the Warriors, the Knicks and the teams we haven't seen since March, NBA free agency and trade debate: How the Pelicans help Zion, and bold predictions, Predicting the big decisions surrounding Giannis, the 76ers, CP3 and the Warriors' pick, How former NBA star Nate Robinson ended up boxing on Mike Tyson's undercard, NBA Power Rankings, way-too-early edition: What's next for Lakers, Heat and all 30 teams, These Lakers made it through every moment that could have broken them, Formerly at the New York Times, 1998-2004.
Recently, a judge ruled that the brothers also have rights to Internet revenue. The Silnas successfully convinced the NBA and the remaining ABA teams to agree to pay them one-seventh of the television broadcast revenue that each of the four remaining ABA teams that had joined the NBA would receive going forward, for as long as the league continued to exist. Ozzie Silna (shooting a 1975 ABA All-Star Game ball), his brother Daniel and their attorney have collected $168 million from the NBA. But, when you hear what he achieved, you will quickly realize the importance of knowing -- and learning from -- his story. The NBA offered them $5 million over eight years, but the Silnas countered with a demand of $8 million over five. Silna wanted $8 million over five years. Cet article est consacré à l'ABA originelle. Basketball blew up not long after, and that small fraction of TV royalties has netted the Silnas $300 million so far, with payments set to continue on forever. No agreement has been reached, but talks are ongoing. The Silnas, who originally earned their money as textile manufacturers, purchased the North Carolina franchise and moved it to St. Louis in 1974. Harry Weltman, former general manager of the Spirits, argued to the Supreme Court in 1991 that he was entitled to a share of the revenue to no avail.
The Times endorses one incumbent and three newcomers for the Los Angeles Community College District Board of Trustees. The Silnas were not truly interested in operating their ABA team (which they renamed the Spirits of St. Louis); they bought the team because they believed that the National Basketball Association (NBA) would ultimately acquire (or merge with) the ABA, creating a golden opportunity for themselves. San Francisco shut down early in the pandemic and later limited reopening.
They founded the Spirits of St. Louis in what was then the biggest American city without a pro basketball team. However, the ABA owners needed to reach unanimous approval for the merger to take place.
In 1976 the ABA reached a merger deal with the NBA. “I would have loved to have an NBA team,” said Ozzie Silna, 73, a Malibu resident and environmental activist. Payout May Come for an A.B.A. 4. The Silna brothers and their attorney, however, turned down such an offer, and negotiated a totally different type of deal.
"We had no idea it would grow this much.". Le championnat American Basketball Association (ABA) réfère à deux championnats américains de basket-ball. Still, the four ABA teams now in the NBA -- the Denver Nuggets, Indiana Pacers, New Jersey Nets (formerly the New York Nets) and San Antonio Spurs -- have spent plenty in legal fees searching for wiggle room out of the Silnas’ contract.
In exchange for dropping their claims, the plaintiffs say they were promised a portion of the economic benefit – including TV revenue – they would have earned had they been allowed to join the NBA. The Silnas recognized that acquiring an ABA team meant that NBA would need to negotiate a deal with them if it wanted to merge with the ABA; similar opportunities exist in real estate, IP investing, and other areas of business in which larger enterprises need specific assets belonging to a smaller entity. The ABA offered the franchises $3 million each to fold.
When it's all said and done, shortsightedness will cost the NBA near a billion dollars. The NBA is currently engaged in settlement talks with Ozzie and Daniel Silna to end a contract that has long been described as "the greatest sports business deal … Now the city is the first urban center in California where the risk of infection is rated as minimal. "I got into basketball not to make the money," Silna said. California’s November election will feature 12 statewide ballot measures.
The NBA paid the owner of the Kentucky Colonels $3.3 million, which he later used to buy the Boston Celtics, according to media reports. I just looked at it as a way of being fair.". So far, they've netted about $168 million from their ownership of a struggling team during the final days of the American Basketball Association. The NBA had also grown to 30 teams - increasing the Silnas' profits to beyond 4/7 of what the other teams received. Don't be too hard on yourself if something fails, just keep up the good work. One-seventh times four -- four teams were admitted to the NBA -- equals four-sevenths, which is the cut the Silnas get each year. The deal ended up giving the Spirits owners more than $14 million a year, and was extended for another eight years in June 2007. Sources: NBA tries to end costly ABA deal, Sources: NBA eyes pre-Xmas start, 72 games, Riley ready to run it back with similar Heat team, Bucks' Hill flies to Wisconsin to urge early voting, NBA draft to be held virtually at ESPN Nov. 18, Stan Van Gundy named new coach of Pelicans, Wolves don't see clear choice for No. Brown haggled the ABA up … Without having to dole out salaries or money on stadium leases, the Silnas earn more each season than most NBA teams.
But it’s the greatest deal known to man. All of that made them a lucrative property when it came time to merge -- not so much for the team they were, but for the individual parts they could produce, each of which would be scavenged by the original NBA teams, who were hungry for the talent. The Silnas’ contract stands ironclad, despite occasional court challenges. The Silnas would get $3 million, plus a share of the TV revenue from the four teams entering the NBA.
It was called polyester. In 1974, Ozzie Silna and his younger brother, Daniel, bought the failing Carolina Cougars of the American Basketball Association for about $1 million, and moved the team to St. Louis. How San Francisco became a COVID-19 success story as other cities stumbled. Colonels owner John Y. He assumed it wouldn't be him. MANHATTAN (CN) – The Spirits of St. Louis sued the Denver Nuggets, the Indiana Pacers, New Jersey Nets, and San Antonio Spurs and the NBA in a long-running dispute over the expansion that effectively destroyed the American Basketball Association. Where to vote.
As part of a concept he had come up with months earlier, he negotiated to receive four-sevenths of a share of the NBA's annual TV revenue for as long as the NBA was around. Thirty years ago, Ozzie Silna, with attorney Donald Schupak, negotiated a deal that cleared the way for the ABA to merge with the NBA. The deal ended up giving the Spirits owners more than $14 million a year, and was extended for another eight years in June 2007. "You've got to be lucky in a lot of this stuff," Silna said.
When the Virginia Squires folded, the ABA and NBA had just two teams left to deal with: The Kentucky Colonels and the Spirits. The Silna brothers are the former owners of an old ABA franchise known as the Spirits of St. Louis. This deal was based on the argument that all seven remaining ABA franchise deserved an equal share of the TV revenue of the ABA teams that joined the NBA…
As the NBA’s popularity rose, so did the league’s TV contract and the Silnas’ cut. Brown, Jr., the owner … In 1973 they stuck a deal to purchase the ABA's struggling Carolina Cougars for $1 million . The Silnas will retain an unknown but smaller share of TV revenues, but the NBA will have a future option to buy them out. In fact, there's no work to do at all. La seconde fut fondée à la fin des années 1990 (ABA), et est une ligue mineure.
The owners of the sixth team, the Kentucky Colonels, accepted a one-time payment of approximately $3-Million to walk away.
The NBA has long tried to get out of the infamous arrangement, which paid out a reported $19 million last season alone. As part of the deal, the Silnas are reported to be receiving a $500 million upfront payment from the former ABA teams. The other NBA teams share their revenue among all 30 teams.
“We honor the deal,” said Donnie Walsh, the Indiana Pacers’ chief executive. "I got into basketball for the thrill of owning the team, and to make money at the same time.". Attendance stagnated in the team’s second year, and it soon became apparent the Spirits would not survive the impending merger. In addition, the Kentucky Colonels–Indiana Pacers rivalry was the league's fiercest, and in all of professional basketball (NBA included), the Colonels ranked sixth in attendance.
“But still, the TV revenue was minuscule compared with baseball and the NFL.”. Colonels owner John Y.
The colorful team featured future NBA players Marvin Barnes, Maurice Lucas and Moses Malone and young radio announcer Bob Costas. That's how we came up with the one-seventh" figure. Another team -- the Virginia Squires -- had failed as a business and was gone before the merger. A huge profit from the sale of that business gave Silna and his brother, both big sports fans, the resources to make a run at a pro basketball team.
1/07/14 4:06PM • Filed to: nba. The deal turned out to be so lucrative that several NBA teams have tried to break it, without success. Enterprising brothers converted NBA buyout of ABA team into multimillion-dollar windfall, https://www.seattlepi.com/news/article/Enterprising-brothers-converted-NBA-buyout-of-ABA-1204630.php. But Ozzie Silna kept haggling for more, and he finally reached a deal in a swank Massachusetts hotel room. When the ABA merged with the NBA in 1976, the Silnas agreed to dissolve their team in exchange for a small percentage of the NBA's future broadcast revenue. The NBA failed to understand the value of its future television revenue stream; the Silnas recognized the golden opportunity. In the early '70s, Silna became one of the first to tinker in a new material.
"I thought that seventh team deserved the same benefit as the other six.
Silna isn't renowned like Donald Trump or Bill Gates, or even as well-known as NBA owners Mark Cuban or the Maloof brothers.
How two brothers made $800 Million as basketball team owners - without actually owning a team. Three decades ago when the Silnas struck their deal, the renegade ABA, known for its red-white-and-blue ball, three-point shots and star Julius Erving, was struggling financially.
The alternate reality, where the payouts to the Silnas remained small, was a world in which the NBA didn't become big enough to sign $7.4 billion TV contracts. Silna, meanwhile, reaps the benefits. John …
This deal was based on the argument that all seven remaining ABA franchise deserved an equal share of the TV revenue of the ABA teams that joined the NBA; such an argument made logical sense, and, as, at the time, basketball-related television viewership and revenue was tiny compared what it is today -- the NBA playoffs were not even broadcast live -- the parties agreed to the arrangement. The Squires, however, didn't make it through the next couple of weeks. Today, the value is around $300 million, but that's only if the owners are willing to cash out. "We saw some room for growth there," he said. Every year, when it came down to take a look at the budgeting process we would all just shake our heads.”. Silna wasn't willing to go away that easily. Overall, they've collected about $168 million since the merger, an amount that has grown mightily through investments.
"But remember one thing," Silna said. "You try to live by the Golden Rule," Silna said. Barry Petchesky . What more can you say?”, The key line in the Silnas’ TV contract that makes NBA executives cringe reads: “The right to receive such revenues shall continue for as long as the NBA or its successors continues in its existence.”. 1 pick, The people with all the power in NBA free agency, What our NBA experts like and don't like about a pre-Christmas start, Best and worst cases for the Warriors, the Knicks and the teams we haven't seen since March, NBA free agency and trade debate: How the Pelicans help Zion, and bold predictions, Predicting the big decisions surrounding Giannis, the 76ers, CP3 and the Warriors' pick, How former NBA star Nate Robinson ended up boxing on Mike Tyson's undercard, NBA Power Rankings, way-too-early edition: What's next for Lakers, Heat and all 30 teams, These Lakers made it through every moment that could have broken them, Formerly at the New York Times, 1998-2004.
