1974 1974 1979 New Orleans Jazz Team Formation On March 7, 1974, New Orleans became the 18th member of the NBA as a nine-man group headed by Fred Rosenfeld and Sam Battistone paid $6.15 million for the expansion franchise. Then on May 3, 1974, Pete Maravich was acquired by trade from Atlanta, becoming the first player in franchise history. That …
Utah Jazz Team History
1979 1984 – 2003 1985 Moving to Utah Despite being barely competitive, the Jazz drew well during their first five years. However, by 1979 the franchise was sinking financially. Barry Mendelson, the team’s executive vice president for most of the early years, said one factor in the financial trouble was an 11 percent amusement tax, the highest in the nation …