1969 Move to Washington – Now the “Caps” The Bank of America was threatening to foreclose on a $1.2 million loan to the team and in August 1969 a group of Washington, D.C. investors led by Earl Foreman bought the team and moved it to Washington for the upcoming season. With the move came a new identity for the team …
ABA Team History
ABA Team History The original American Basketball Association was a men’s professional basketball league, from 1967 to 1976. The ABA ceased to exist with the American Basketball Association–National Basketball Association merger in 1976, leading to several teams joining the National Basketball Association and to the introduction of the 3-point shot in the NBA in 1979. Anaheim Amigos Established: 1967 Championships: …