Oakland Oaks Team Formation
The Oaks were owned in part by pop singer Pat Boone.
Signing of Rick Barry
However, even with Barry the team proved to be a very poor investment for Boone and his co-owners. Despite winning the ABA championship, the Oaks were an abysmal failure at the box office, due in large part to the proximity of the NBA Warriors who at the time were also playing some home games in Oakland and would eventually move to Oakland permanently in 1971. At one point they only drew 2,500 fans per game.
Move to Washington D.C.
On May 11, 1976 only a month after the end of the season the ABA canceled the franchise after it missed a $75,000 assessment. This cost the Squires a chance to be compensated as part of the merger, which closed only a month later.
|Team Information||Team History|
ABA Championships: 1
|*Red is this team's history|