Calvin

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So the four ABA teams that joined the NBA got crushed financially, but Brown bought in and pocketed $1.5 million? Huh? Meanwhile, the St. Louis owners struck the greatest mother lode in professional sports history, folding their shitty franchise for $2.2 million and one-seventh of the TV money from the four remaining ABA teams—money they were guaranteed in perpetuity. In other words, they received four-sevenths of a cut of the TV contract every year forever
The Book of Basketball: The NBA According to The Sports Guy
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