Houston Mavericks Team Formation
Not surprisingly given the rough start, the Mavericks had a somewhat mediocre season, finishing 29–49, good for fourth place in the Western Division. However, this was actually enough to make the playoffs. They went down rather meekly to the Dallas Chaparrals in the Western Division semifinals 3 games to none.
Move to Carolina
Tedd Munchak New Ownership
St. Louis Spirits Born
The Spirits were a colorful team featuring a number of players, both on and off the court, who were fairly successful in their basketball careers. Among them were Moses Malone, acquired during their second season, who went on to a long and successful career in the NBA, culminating in enshrinement in the Basketball Hall of Fame. Maurice Lucas spent most of his time in the ABA as a Spirit, then later became an all-star in the NBA with the Portland Trail Blazers. Other well-known players that played for the team included former Boston Celtics sixth man Don Chaney, future Celtics head coach M.L. Carr, and Ron Boone, who held the record for consecutive games played in pro basketball for many years. One of the most colorful players on the team was forward Marvin Barnes, famous for stories about his off-court behavior and lack of understanding of time zones.
The NBA placated John Y. Brown, owner of the Kentucky Colonels, by giving him a $3.3 million settlement in exchange for shutting his team down. Brown later used much of that money to buy the Buffalo Braves of the NBA. But the owners of the Spirits, the brothers Ozzie and Dan Silna, struck a prescient deal to acquire future television money from the teams that joined the NBA, a one-seventh share from each franchise, in perpetuity. With network TV deals becoming more and more lucrative, the deal has made the Silnas wealthy, earning them $186 million as of 2008, according to the Cleveland Plain Dealer, and $255 million as of 2012 according to the New York Times. The NBA nearly succeeded in buying out the Silnas in 1982 by offering $5 million over eight years, but negotiations stalled when the siblings demanded $8 million over five. On June 27, 2007, it was extended for another eight years, ensuring another $100 million-plus windfall for the Silnas. Presently, the Silnas receive $14.57 million a year, despite being owners of a team that hasn't played one minute of basketball in 35 years. In 2014, the Silnas reached agreement with the NBA to end the perpetual payments and take a lump sum of $500 million instead.
|Team Information||Team History|
ABA Championships: 0
|*Red is this team's history|