In the first round of the 1975 ABA Playoffs, the lowly Spirits shocked the defending ABA Champion New York Nets four games to one.
Fortunately for all parties involved, Spirits management persuaded Marvin to return to St. Louis and rejoin the team. Dan and Ozzie have filed countersuits.
On Tuesday, the Silnas, the league and the four former A.B.A. Must provide 21+ ID to receive alcoholic beverages. Silna’s father started a textile business in New Jersey. It didn’t really matter at the time. On top of that, the Silnas would also get a 1/7th share of each of the four former ABA teams’ NBA “visual media” rights (which amounted to 57% of one full share). Accepting $500 million now might be looked back on as yet another masterstroke by the Silnas four decades from now.
At the beginning of the 1975-1976 season, the Nuggets and the Nets applied for membership in the NBA, which effectively turned the ABA’s last season into a lame-duck. This is a tale of fortune, both good and bad. Assuming Madoff didn’t drain the Silnas completely, it might even be better.
“We were unaware it was a fraud,” says Dan. After our time there, we recommended several friends to pay a visit.
They will continue to get some television revenue, some of it from the disputed sources named in their lawsuit, through a new partnership that is to be formed with the Nets, the Pacers, the Nuggets and the Spurs, according to the people with knowledge of the agreement. LOS ANGELES (AP) — Ozzie Silna, who turned a fading American Basketball Association franchise into a four-decade windfall of nearly $800 million from the NBA in what’s commonly called the greatest deal in sports history, has died at age 83. Lewis dribbled to the top of the key and, with only three seconds left, swished a jumper to win the game (and the series) for St. Louis. “Our position is that he [Picard] is starting in the wrong place, that his definitions are wrong and that he’s come to the wrong conclusion,” says Dan. St. Louis played well the rest of the series, but an ankle injury to Freddie Lewis severely hindered the Spirits' chances. Three franchises folded, leaving the ABA with only seven teams. “Some people say it’s the best deal ever done,” Silna said. After being one of the last cuts in the 1973 Kentucky Colonels training camp, Carr stuck with the Spirits and made his presence known. Great place learned a lot & tried some great tasting alchohol. Thankfully, we were pretty well-diversified.” The Spirits of St. Louis account, he says, was closed well before Madoff was shut down. Dan ran a photo-finishing shop in New Jersey from 1983 until 2008.
“Whenever I got my statements from him, I double-checked them and they made sense.” The Silnas got something on the order of 10% returns with Madoff, not the 30-40% that others supposedly did.
By that time the NBA was challenging the arrangement in court.
Contribute to this web page by
The Spirits played poorly most of their first season, winning only 32 games.
Here’s what’s known: Thirty-five years ago this June two brothers, Ozzie and Daniel Silna, along with their lawyer, Donald Schupak, negotiated what’s been called the greatest sports deal of all time. The agreement was drawn up to be as broadly defined and open-ended as possible.
“I kept saying that if I can’t play, the best thing to do is own a team,” he says. After purchasing this deal, you will need to visit the website listed on your voucher to complete redemption. I think the question answers itself.
“We’re not losing money right now, not this second,” says Simon. Down by one point, the Spirits inbounded the ball to Freddie Lewis.
“He’s a lucky guy for having been there for all of those years. “Ozzie and his brother Dan owned the St. Louis Spirits at a time when the ABA’s future was uncertain, but he loved the game and was determined to be part of professional basketball,” Silver’s statement said. Voted Best Craft Vodka Distillery in the United States click here. Take Robert Kraft’s purchase of the New England Patriots as an example.
After a few days in the dark, the Spirits front office finally learned that Barnes was in Dayton, Ohio (at a pool tournament!) Marvin was unhappy with his contract and had bolted the team in order to get his point across. For games against lesser teams like Virginia, it was not uncommon to see only 400 to 500 fans in the cavernous St. Louis Arena. It’s just an egregious situation now.”, In March 2009 Simon told the Indianapolis Star that the Pacers had been losing money for years.
In 1976, the ABA merged with the NBA, bringing the Indiana Pacers, San Antonio Spurs, New York Nets and Denver Nuggets into the fold. Click to share on Facebook (Opens in new window), Click to share on Twitter (Opens in new window), Click to share on Flipboard (Opens in new window), Click to share on Reddit (Opens in new window), Click to email this to a friend (Opens in new window). Along with Barnes, he represented the Spirits at the 1975 ABA All-Star game in San Antonio (winning the game's MVP Award with a 26 point performance). Daniel Silna sits in the sun-soaked office of a media relations firm located in a corporate park in Paramus, New Jersey. Lucas surprised everyone with his tenacity on the boards, and a deadly mid-range jump shot.
After the 1975-76 season the NBA agreed to a merger, accepting four of the six remaining teams into the league. Picard has filed three lawsuits against the Silnas and is asking for $24 million in “fictitious profits” that the Silnas withdrew from their Madoff accounts.
By subscribing I agree to the Terms of Use and have read the Privacy Statement. Fortunately for all parties involved, Spirits management persuaded Marvin to return to St. Louis and rejoin the team.
Ozzie still runs an embroidery business in California and is active in coastal conservation projects in his home town of Malibu. He looked me straight in the eye and told me that if everything went south at once the most I could lose was 4%.”. Spirits won series, 4-1, Eastern Division Finals vs. Kentucky Colonels (58-26)
According to the NY Times, the former owners of the ABA’s Spirits of St. Louis have at last reached a deal with the NBA: The Spirits were excluded from the 1976 merger of the two leagues.
Also, after the Utah Stars folded in December 1975, the Spirits obtained all-stars Moses Malone and Ron Boone, plus Steve Green and Randy Denton. One of the owners was our "bartender ". “Thank God I can still beat him.”, Dan sometimes regrets not being more involved in the pro game. Kentucky had the ball and a chance to go ahead. Marvin Barnes (above left) overcame his early-season disappearance, missed practices, a fast food diet and numerous late-night parties to average 24.0 ppg, grab 1,202 rebounds, and win the 1974-75 ABA Rookie of the Year award. He provided his usual dunks, hustle, and double-figure scoring. "Free Spirits" on the ESPN flagship network this coming Tuesday, October 8, 2013 at 8PM ET, "Injecting some Spirits into the city of St. Louis". Fun, intimate tour of the distillery.
The Spirits of St. Louis might well have been named the "Free Spirits" of St. Louis -- this was a unique, unpredictable team blessed with a wealth of young talent. Still, the league is not getting rid of the Silnas altogether.
The New Jersey Nets, a former ABA team that must pay the Silnas, received $26.25 million.
The new logo (pictured above) was clever, and the Spirits' uniforms were classy.
(Then the president and majority owner of Kentucky Fried Chicken, Brown would go on to become the governor of Kentucky.) A fan favorite, Fly averaged 9.4 points and 2.0 assists per game for St. Louis. Herb Simon is a 76 year-old mall property magnate who, with his late brother, Melvin, bought the Indiana Pacers in 1983 for $11 million. “But when I was fully grown, before I started to shrink, I was 5’10” and a half and weighed 150 pounds soaking wet,” he says.
Spirits of St. Louis owner Ozzie Silna, who made incredible deal in NBA-ABA merger, dies . Incredibly, though, Louie Dampier stole the ball from Steve Jones and banked a quick jumper to steal the victory for Kentucky. “I would dribble toward the basket.
In the first round of the 1975 ABA Playoffs, the lowly Spirits shocked the defending ABA Champion New York Nets four games to one.
Fortunately for all parties involved, Spirits management persuaded Marvin to return to St. Louis and rejoin the team. Dan and Ozzie have filed countersuits.
On Tuesday, the Silnas, the league and the four former A.B.A. Must provide 21+ ID to receive alcoholic beverages. Silna’s father started a textile business in New Jersey. It didn’t really matter at the time. On top of that, the Silnas would also get a 1/7th share of each of the four former ABA teams’ NBA “visual media” rights (which amounted to 57% of one full share). Accepting $500 million now might be looked back on as yet another masterstroke by the Silnas four decades from now.
At the beginning of the 1975-1976 season, the Nuggets and the Nets applied for membership in the NBA, which effectively turned the ABA’s last season into a lame-duck. This is a tale of fortune, both good and bad. Assuming Madoff didn’t drain the Silnas completely, it might even be better.
“We were unaware it was a fraud,” says Dan. After our time there, we recommended several friends to pay a visit.
They will continue to get some television revenue, some of it from the disputed sources named in their lawsuit, through a new partnership that is to be formed with the Nets, the Pacers, the Nuggets and the Spurs, according to the people with knowledge of the agreement. LOS ANGELES (AP) — Ozzie Silna, who turned a fading American Basketball Association franchise into a four-decade windfall of nearly $800 million from the NBA in what’s commonly called the greatest deal in sports history, has died at age 83. Lewis dribbled to the top of the key and, with only three seconds left, swished a jumper to win the game (and the series) for St. Louis. “Our position is that he [Picard] is starting in the wrong place, that his definitions are wrong and that he’s come to the wrong conclusion,” says Dan. St. Louis played well the rest of the series, but an ankle injury to Freddie Lewis severely hindered the Spirits' chances. Three franchises folded, leaving the ABA with only seven teams. “Some people say it’s the best deal ever done,” Silna said. After being one of the last cuts in the 1973 Kentucky Colonels training camp, Carr stuck with the Spirits and made his presence known. Great place learned a lot & tried some great tasting alchohol. Thankfully, we were pretty well-diversified.” The Spirits of St. Louis account, he says, was closed well before Madoff was shut down. Dan ran a photo-finishing shop in New Jersey from 1983 until 2008.
“Whenever I got my statements from him, I double-checked them and they made sense.” The Silnas got something on the order of 10% returns with Madoff, not the 30-40% that others supposedly did.
By that time the NBA was challenging the arrangement in court.
Contribute to this web page by
The Spirits played poorly most of their first season, winning only 32 games.
Here’s what’s known: Thirty-five years ago this June two brothers, Ozzie and Daniel Silna, along with their lawyer, Donald Schupak, negotiated what’s been called the greatest sports deal of all time. The agreement was drawn up to be as broadly defined and open-ended as possible.
“I kept saying that if I can’t play, the best thing to do is own a team,” he says. After purchasing this deal, you will need to visit the website listed on your voucher to complete redemption. I think the question answers itself.
“We’re not losing money right now, not this second,” says Simon. Down by one point, the Spirits inbounded the ball to Freddie Lewis.
“He’s a lucky guy for having been there for all of those years. “Ozzie and his brother Dan owned the St. Louis Spirits at a time when the ABA’s future was uncertain, but he loved the game and was determined to be part of professional basketball,” Silver’s statement said. Voted Best Craft Vodka Distillery in the United States click here. Take Robert Kraft’s purchase of the New England Patriots as an example.
After a few days in the dark, the Spirits front office finally learned that Barnes was in Dayton, Ohio (at a pool tournament!) Marvin was unhappy with his contract and had bolted the team in order to get his point across. For games against lesser teams like Virginia, it was not uncommon to see only 400 to 500 fans in the cavernous St. Louis Arena. It’s just an egregious situation now.”, In March 2009 Simon told the Indianapolis Star that the Pacers had been losing money for years.
In 1976, the ABA merged with the NBA, bringing the Indiana Pacers, San Antonio Spurs, New York Nets and Denver Nuggets into the fold. Click to share on Facebook (Opens in new window), Click to share on Twitter (Opens in new window), Click to share on Flipboard (Opens in new window), Click to share on Reddit (Opens in new window), Click to email this to a friend (Opens in new window). Along with Barnes, he represented the Spirits at the 1975 ABA All-Star game in San Antonio (winning the game's MVP Award with a 26 point performance). Daniel Silna sits in the sun-soaked office of a media relations firm located in a corporate park in Paramus, New Jersey. Lucas surprised everyone with his tenacity on the boards, and a deadly mid-range jump shot.
After the 1975-76 season the NBA agreed to a merger, accepting four of the six remaining teams into the league. Picard has filed three lawsuits against the Silnas and is asking for $24 million in “fictitious profits” that the Silnas withdrew from their Madoff accounts.
By subscribing I agree to the Terms of Use and have read the Privacy Statement. Fortunately for all parties involved, Spirits management persuaded Marvin to return to St. Louis and rejoin the team.
Ozzie still runs an embroidery business in California and is active in coastal conservation projects in his home town of Malibu. He looked me straight in the eye and told me that if everything went south at once the most I could lose was 4%.”. Spirits won series, 4-1, Eastern Division Finals vs. Kentucky Colonels (58-26)
According to the NY Times, the former owners of the ABA’s Spirits of St. Louis have at last reached a deal with the NBA: The Spirits were excluded from the 1976 merger of the two leagues.
Also, after the Utah Stars folded in December 1975, the Spirits obtained all-stars Moses Malone and Ron Boone, plus Steve Green and Randy Denton. One of the owners was our "bartender ". “Thank God I can still beat him.”, Dan sometimes regrets not being more involved in the pro game. Kentucky had the ball and a chance to go ahead. Marvin Barnes (above left) overcame his early-season disappearance, missed practices, a fast food diet and numerous late-night parties to average 24.0 ppg, grab 1,202 rebounds, and win the 1974-75 ABA Rookie of the Year award. He provided his usual dunks, hustle, and double-figure scoring. "Free Spirits" on the ESPN flagship network this coming Tuesday, October 8, 2013 at 8PM ET, "Injecting some Spirits into the city of St. Louis". Fun, intimate tour of the distillery.
The Spirits of St. Louis might well have been named the "Free Spirits" of St. Louis -- this was a unique, unpredictable team blessed with a wealth of young talent. Still, the league is not getting rid of the Silnas altogether.
The New Jersey Nets, a former ABA team that must pay the Silnas, received $26.25 million.
The new logo (pictured above) was clever, and the Spirits' uniforms were classy.
(Then the president and majority owner of Kentucky Fried Chicken, Brown would go on to become the governor of Kentucky.) A fan favorite, Fly averaged 9.4 points and 2.0 assists per game for St. Louis. Herb Simon is a 76 year-old mall property magnate who, with his late brother, Melvin, bought the Indiana Pacers in 1983 for $11 million. “But when I was fully grown, before I started to shrink, I was 5’10” and a half and weighed 150 pounds soaking wet,” he says.
Spirits of St. Louis owner Ozzie Silna, who made incredible deal in NBA-ABA merger, dies . Incredibly, though, Louie Dampier stole the ball from Steve Jones and banked a quick jumper to steal the victory for Kentucky. “I would dribble toward the basket.
Ozzie (December 27, 1932 – April 26, 2016 ) and Daniel (born August 26, 1944 ) Silna are American businessmen best known for their success in the textile industry, as well as being co-owners of the American Basketball Association's Spirits of St. Louis and the lucrative deal cut to fold that team during the ABA-NBA merger.
Silna wanted to be equitable to the owner who was excluded. He scoured the archives for Spirits video footage, photos, and period interviews, many of which have never been seen before.
Ozzie Silna died Tuesday at a Los Angeles hospital after a brief illness, his brother said. teams will announce a conditional deal that will end the Silnas’ golden annuity.
Catch "Free Spirits" on the ESPN flagship network this coming Tuesday, October 8, 2013 at 8PM ET. He has accumulated debt.
In the first round of the 1975 ABA Playoffs, the lowly Spirits shocked the defending ABA Champion New York Nets four games to one.
Fortunately for all parties involved, Spirits management persuaded Marvin to return to St. Louis and rejoin the team. Dan and Ozzie have filed countersuits.
On Tuesday, the Silnas, the league and the four former A.B.A. Must provide 21+ ID to receive alcoholic beverages. Silna’s father started a textile business in New Jersey. It didn’t really matter at the time. On top of that, the Silnas would also get a 1/7th share of each of the four former ABA teams’ NBA “visual media” rights (which amounted to 57% of one full share). Accepting $500 million now might be looked back on as yet another masterstroke by the Silnas four decades from now.
At the beginning of the 1975-1976 season, the Nuggets and the Nets applied for membership in the NBA, which effectively turned the ABA’s last season into a lame-duck. This is a tale of fortune, both good and bad. Assuming Madoff didn’t drain the Silnas completely, it might even be better.
“We were unaware it was a fraud,” says Dan. After our time there, we recommended several friends to pay a visit.
They will continue to get some television revenue, some of it from the disputed sources named in their lawsuit, through a new partnership that is to be formed with the Nets, the Pacers, the Nuggets and the Spurs, according to the people with knowledge of the agreement. LOS ANGELES (AP) — Ozzie Silna, who turned a fading American Basketball Association franchise into a four-decade windfall of nearly $800 million from the NBA in what’s commonly called the greatest deal in sports history, has died at age 83. Lewis dribbled to the top of the key and, with only three seconds left, swished a jumper to win the game (and the series) for St. Louis. “Our position is that he [Picard] is starting in the wrong place, that his definitions are wrong and that he’s come to the wrong conclusion,” says Dan. St. Louis played well the rest of the series, but an ankle injury to Freddie Lewis severely hindered the Spirits' chances. Three franchises folded, leaving the ABA with only seven teams. “Some people say it’s the best deal ever done,” Silna said. After being one of the last cuts in the 1973 Kentucky Colonels training camp, Carr stuck with the Spirits and made his presence known. Great place learned a lot & tried some great tasting alchohol. Thankfully, we were pretty well-diversified.” The Spirits of St. Louis account, he says, was closed well before Madoff was shut down. Dan ran a photo-finishing shop in New Jersey from 1983 until 2008.
“Whenever I got my statements from him, I double-checked them and they made sense.” The Silnas got something on the order of 10% returns with Madoff, not the 30-40% that others supposedly did.
By that time the NBA was challenging the arrangement in court.
Contribute to this web page by
The Spirits played poorly most of their first season, winning only 32 games.
Here’s what’s known: Thirty-five years ago this June two brothers, Ozzie and Daniel Silna, along with their lawyer, Donald Schupak, negotiated what’s been called the greatest sports deal of all time. The agreement was drawn up to be as broadly defined and open-ended as possible.
“I kept saying that if I can’t play, the best thing to do is own a team,” he says. After purchasing this deal, you will need to visit the website listed on your voucher to complete redemption. I think the question answers itself.
“We’re not losing money right now, not this second,” says Simon. Down by one point, the Spirits inbounded the ball to Freddie Lewis.
“He’s a lucky guy for having been there for all of those years. “Ozzie and his brother Dan owned the St. Louis Spirits at a time when the ABA’s future was uncertain, but he loved the game and was determined to be part of professional basketball,” Silver’s statement said. Voted Best Craft Vodka Distillery in the United States click here. Take Robert Kraft’s purchase of the New England Patriots as an example.
After a few days in the dark, the Spirits front office finally learned that Barnes was in Dayton, Ohio (at a pool tournament!) Marvin was unhappy with his contract and had bolted the team in order to get his point across. For games against lesser teams like Virginia, it was not uncommon to see only 400 to 500 fans in the cavernous St. Louis Arena. It’s just an egregious situation now.”, In March 2009 Simon told the Indianapolis Star that the Pacers had been losing money for years.
In 1976, the ABA merged with the NBA, bringing the Indiana Pacers, San Antonio Spurs, New York Nets and Denver Nuggets into the fold. Click to share on Facebook (Opens in new window), Click to share on Twitter (Opens in new window), Click to share on Flipboard (Opens in new window), Click to share on Reddit (Opens in new window), Click to email this to a friend (Opens in new window). Along with Barnes, he represented the Spirits at the 1975 ABA All-Star game in San Antonio (winning the game's MVP Award with a 26 point performance). Daniel Silna sits in the sun-soaked office of a media relations firm located in a corporate park in Paramus, New Jersey. Lucas surprised everyone with his tenacity on the boards, and a deadly mid-range jump shot.
After the 1975-76 season the NBA agreed to a merger, accepting four of the six remaining teams into the league. Picard has filed three lawsuits against the Silnas and is asking for $24 million in “fictitious profits” that the Silnas withdrew from their Madoff accounts.
By subscribing I agree to the Terms of Use and have read the Privacy Statement. Fortunately for all parties involved, Spirits management persuaded Marvin to return to St. Louis and rejoin the team.
Ozzie still runs an embroidery business in California and is active in coastal conservation projects in his home town of Malibu. He looked me straight in the eye and told me that if everything went south at once the most I could lose was 4%.”. Spirits won series, 4-1, Eastern Division Finals vs. Kentucky Colonels (58-26)
According to the NY Times, the former owners of the ABA’s Spirits of St. Louis have at last reached a deal with the NBA: The Spirits were excluded from the 1976 merger of the two leagues.
Also, after the Utah Stars folded in December 1975, the Spirits obtained all-stars Moses Malone and Ron Boone, plus Steve Green and Randy Denton. One of the owners was our "bartender ". “Thank God I can still beat him.”, Dan sometimes regrets not being more involved in the pro game. Kentucky had the ball and a chance to go ahead. Marvin Barnes (above left) overcame his early-season disappearance, missed practices, a fast food diet and numerous late-night parties to average 24.0 ppg, grab 1,202 rebounds, and win the 1974-75 ABA Rookie of the Year award. He provided his usual dunks, hustle, and double-figure scoring. "Free Spirits" on the ESPN flagship network this coming Tuesday, October 8, 2013 at 8PM ET, "Injecting some Spirits into the city of St. Louis". Fun, intimate tour of the distillery.
The Spirits of St. Louis might well have been named the "Free Spirits" of St. Louis -- this was a unique, unpredictable team blessed with a wealth of young talent. Still, the league is not getting rid of the Silnas altogether.
The New Jersey Nets, a former ABA team that must pay the Silnas, received $26.25 million.
The new logo (pictured above) was clever, and the Spirits' uniforms were classy.
(Then the president and majority owner of Kentucky Fried Chicken, Brown would go on to become the governor of Kentucky.) A fan favorite, Fly averaged 9.4 points and 2.0 assists per game for St. Louis. Herb Simon is a 76 year-old mall property magnate who, with his late brother, Melvin, bought the Indiana Pacers in 1983 for $11 million. “But when I was fully grown, before I started to shrink, I was 5’10” and a half and weighed 150 pounds soaking wet,” he says.
Spirits of St. Louis owner Ozzie Silna, who made incredible deal in NBA-ABA merger, dies . Incredibly, though, Louie Dampier stole the ball from Steve Jones and banked a quick jumper to steal the victory for Kentucky. “I would dribble toward the basket.
