Tuesday, August 01, 2006

ABA owners set for life

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It's one of those stories that leaves your mouth open when you think "what if I had thought of that?" Former Spirits of St Louis owners Ozzie and Dan Silna are still raking in TV revenues from the NBA -- and they will continue to do so. As long as the NBA is alive, so is their family's fortune.

When the ABA dissolved, these brothers were smart enough to negotiate a portion of NBA TV revenues -- forever. So far it has netted them $168m. Not bad money if you can get it.

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