Daniel Silna
Encyclopedia
Daniel Silna is an American businessman best known for his success in the textile industry and as co-owner of the American Basketball Association
team known as the Spirits of St. Louis
and the incredibly lucrative deal cut to fold that team during the ABA-NBA merger
.
Brothers Daniel and Ozzie Silna
made a fortune as pioneers in the manufacture of polyester
. In 1974 they wanted to own an NBA team. After an attempt to purchase the Detroit Pistons
fell short, the Silnas purchased the ABA's Carolina Cougars
franchise with the expectation of moving it into the NBA with the impending merger of the two leagues
.
The Silna brothers moved the Cougars to St. Louis, Missouri
because it was then the largest city in the United States without a professional basketball team and they thought this would make their team more likely to join the NBA. In 1974 the Cougars, roster and all, were overhauled and became the ABA's Spirits of St. Louis
from 1974 through 1976. The 1974-75 Spirits had upset the reigning ABA champion New York Nets in the 1975 Eastern Division Finals
before losing to the eventual champion Kentucky Colonels, but in the 1975-76 season the Spirits' play was uneven and their attendance waned.
The 1975-76 season had not turned out so well in terms of either attendance or wins on the court. In May 1976, due to attendance problems in St. Louis, the Spirits announced that they were going to move to Salt Lake City, Utah
to play as the Utah Rockies
when a lease agreement for the Salt Palace
was arranged. This followed an attempted merger of the Spirits and the Utah Stars franchise during the 1975-76 season, a merger that, had it occurred, contemplated the team leaving St. Louis for Utah. But the Stars folded before the merger could occur and instead, the Spirits bought the rights to some of the Stars' best players, including future Hall of Famer Moses Malone. In an effort to be included in the ABA-NBA merger, the Spirits' owners, the Silna brothers, proposed selling the Spirits to a Utah group, buying the Kentucky Colonels franchise, and moving the Colonels to Buffalo to replace the Buffalo Braves, who were then planning to move to Hollywood, Florida
. The Spirits were not included in the merger, but the Silna brothers nonetheless managed to turn the merger, for them, into one of the greatest deals in the history of professional sports: ) In June, 1976 the remaining ABA owners agreed, in return for the Spirits folding, to pay the St. Louis owners $2.2 million in cash up front in addition to a 1/7 share of the four remaining teams' television revenues in perpetuity. As the NBA's popularity exploded in the 1980s and 1990s, the league's television rights were sold to CBS and then NBC, and additional deals were struck with the TNT and TBS cable networks; league television revenue soared into the hundreds of millions of dollars. Over the past 25 years, the Silnas have collected approximately $100 million from the NBA, despite the fact that the Spirits never played an NBA game. The Silnas continue to receive checks from the NBA on a yearly basis, representing a 4/7 share of the television money that would normally go to any NBA franchise. Thanks to their deal during the ABA-NBA merger the Silnas made millions through the 1980s and at least $4.4 million per year through the 1990s. From 1999 through 2002 the deal netted the Spirits' owners at least $12.53 million per year; from 2003-2006 their take was at least $15.6 million per year. The two Silna brothers each get 45% of that television revenue per year and their attorney during the merger negotiations, Donald Schupak, receives 10%. They credit their terrific deal to planning they had done ahead of the merger for the Virginia Squires owners; the Silnas had expected the Spirits and Colonels to enter the NBA but for the ailing Squires to be left out, and the Silnas thought up the television revenue deal as a way to treat the Squires' owners fairly if the Squires did not join the NBA with the other ABA teams.
The ABA–NBA merger terms included the Spirits of St. Louis players being put into a special dispersal draft along with the Kentucky Colonels players. Marvin Barnes
went to the Detroit Pistons for $500,000, Moses Malone
went to the Portland Trail Blazers for $300,000, Ron Boone
went to the Kansas City Kings for $250,000, Randy Denton
went to the New York Knicks for $50,000 and Mike Barr
went to the Kansas City Kings for $15,000.
The folding of the Spirits dissolved a very talented basketball team, one that likely would have competed successfully in the NBA. Twelve players from the final two Spirits of St. Louis rosters (1974–76) played in the NBA during the 1976–77 season and beyond: Maurice Lucas
, Ron Boone
, Marvin Barnes
, Caldwell Jones
, Lonnie Shelton
, Steve Green
, Gus Gerard
, Moses Malone
, Don Adams
, Don Chaney
, M. L. Carr
and Freddie Lewis
. However, the deal cut by the Silna brothers and the incredible amount of revenue it has produced over the years has itself become legend.
American Basketball Association
The American Basketball Association was a professional basketball league founded in 1967. The ABA ceased to exist with the ABA–NBA merger in 1976.-League history:...
team known as the Spirits of St. Louis
Spirits of St. Louis
The Spirits of St. Louis were one of two teams still in existence at the end of the American Basketball Association that did not survive the ABA-NBA merger. They were a member of the ABA in its last two seasons, 1974–75 and 1975–76, while playing their home games at the St...
and the incredibly lucrative deal cut to fold that team during the ABA-NBA merger
ABA-NBA merger
The ABA–NBA merger was the merger of the American Basketball Association with the National Basketball Association, which after multiple attempts over several years finally occurred in 1976.- Origins of ABA-NBA competition :...
.
Brothers Daniel and Ozzie Silna
Ozzie Silna
Ozzie Silna is an American businessman best known for his success in the textile industry, as co-owner of the American Basketball Association's Spirits of St. Louis and the lucrative deal cut to fold that team during the ABA-NBA merger....
made a fortune as pioneers in the manufacture of polyester
Polyester
Polyester is a category of polymers which contain the ester functional group in their main chain. Although there are many polyesters, the term "polyester" as a specific material most commonly refers to polyethylene terephthalate...
. In 1974 they wanted to own an NBA team. After an attempt to purchase the Detroit Pistons
Detroit Pistons
The Detroit Pistons are a franchise of the National Basketball Association based in Auburn Hills, Michigan. The team's home arena is The Palace of Auburn Hills. It was originally founded in Fort Wayne, Indiana as the Fort Wayne Pistons as a member of the National Basketball League in 1941, where...
fell short, the Silnas purchased the ABA's Carolina Cougars
Carolina Cougars
Carolina Cougars was a basketball franchise in the former American Basketball Association that existed from late 1969 through 1974. The Cougars were originally a charter member of the ABA as the Houston Mavericks in 1967. The Mavericks moved to North Carolina in late 1969 after two unsuccessful...
franchise with the expectation of moving it into the NBA with the impending merger of the two leagues
ABA-NBA merger
The ABA–NBA merger was the merger of the American Basketball Association with the National Basketball Association, which after multiple attempts over several years finally occurred in 1976.- Origins of ABA-NBA competition :...
.
The Silna brothers moved the Cougars to St. Louis, Missouri
St. Louis, Missouri
St. Louis is an independent city on the eastern border of Missouri, United States. With a population of 319,294, it was the 58th-largest U.S. city at the 2010 U.S. Census. The Greater St...
because it was then the largest city in the United States without a professional basketball team and they thought this would make their team more likely to join the NBA. In 1974 the Cougars, roster and all, were overhauled and became the ABA's Spirits of St. Louis
Spirits of St. Louis
The Spirits of St. Louis were one of two teams still in existence at the end of the American Basketball Association that did not survive the ABA-NBA merger. They were a member of the ABA in its last two seasons, 1974–75 and 1975–76, while playing their home games at the St...
from 1974 through 1976. The 1974-75 Spirits had upset the reigning ABA champion New York Nets in the 1975 Eastern Division Finals
1975 ABA Playoffs
The 1975 ABA Playoffs was the postseason tournament of the American Basketball Association's 1974-1975 season. The tournament concluded with the Eastern Division champion Kentucky Colonels defeating the Western Division champion Indiana Pacers, four games to one in the ABA Finals.The Kentucky...
before losing to the eventual champion Kentucky Colonels, but in the 1975-76 season the Spirits' play was uneven and their attendance waned.
The 1975-76 season had not turned out so well in terms of either attendance or wins on the court. In May 1976, due to attendance problems in St. Louis, the Spirits announced that they were going to move to Salt Lake City, Utah
Salt Lake City, Utah
Salt Lake City is the capital and the most populous city of the U.S. state of Utah. The name of the city is often shortened to Salt Lake or SLC. With a population of 186,440 as of the 2010 Census, the city lies in the Salt Lake City metropolitan area, which has a total population of 1,124,197...
to play as the Utah Rockies
Utah Rockies
Utah Rockies was the name under which the Spirits of St. Louis were to play during the ultimately aborted 1976–77 American Basketball Association season....
when a lease agreement for the Salt Palace
Salt Palace
This article describes a large building in Utah. A one-story building made of locally mined salt blocks in Grand Saline, Texas is also called the "Salt Palace"....
was arranged. This followed an attempted merger of the Spirits and the Utah Stars franchise during the 1975-76 season, a merger that, had it occurred, contemplated the team leaving St. Louis for Utah. But the Stars folded before the merger could occur and instead, the Spirits bought the rights to some of the Stars' best players, including future Hall of Famer Moses Malone. In an effort to be included in the ABA-NBA merger, the Spirits' owners, the Silna brothers, proposed selling the Spirits to a Utah group, buying the Kentucky Colonels franchise, and moving the Colonels to Buffalo to replace the Buffalo Braves, who were then planning to move to Hollywood, Florida
Hollywood, Florida
-Demographics:As of 2000, there were 59,673 households out of which 24.9% had children under the age of 18 living with them, 41.5% were married couples living together, 11.9% had a female householder with no husband present, and 42.2% were non-families. 34.4% of all households were made up of...
. The Spirits were not included in the merger, but the Silna brothers nonetheless managed to turn the merger, for them, into one of the greatest deals in the history of professional sports: ) In June, 1976 the remaining ABA owners agreed, in return for the Spirits folding, to pay the St. Louis owners $2.2 million in cash up front in addition to a 1/7 share of the four remaining teams' television revenues in perpetuity. As the NBA's popularity exploded in the 1980s and 1990s, the league's television rights were sold to CBS and then NBC, and additional deals were struck with the TNT and TBS cable networks; league television revenue soared into the hundreds of millions of dollars. Over the past 25 years, the Silnas have collected approximately $100 million from the NBA, despite the fact that the Spirits never played an NBA game. The Silnas continue to receive checks from the NBA on a yearly basis, representing a 4/7 share of the television money that would normally go to any NBA franchise. Thanks to their deal during the ABA-NBA merger the Silnas made millions through the 1980s and at least $4.4 million per year through the 1990s. From 1999 through 2002 the deal netted the Spirits' owners at least $12.53 million per year; from 2003-2006 their take was at least $15.6 million per year. The two Silna brothers each get 45% of that television revenue per year and their attorney during the merger negotiations, Donald Schupak, receives 10%. They credit their terrific deal to planning they had done ahead of the merger for the Virginia Squires owners; the Silnas had expected the Spirits and Colonels to enter the NBA but for the ailing Squires to be left out, and the Silnas thought up the television revenue deal as a way to treat the Squires' owners fairly if the Squires did not join the NBA with the other ABA teams.
The ABA–NBA merger terms included the Spirits of St. Louis players being put into a special dispersal draft along with the Kentucky Colonels players. Marvin Barnes
Marvin Barnes
Marvin Jerome Barnes is a former professional American basketball player.As a 6'8" forward for Providence College, Barnes led the nation in rebounding in 1973-74. On December 15, 1973, Barnes scored 52 points against Austin Peay, breaking the single-game school record...
went to the Detroit Pistons for $500,000, Moses Malone
Moses Malone
Moses Eugene Malone is a retired American Hall of Fame basketball player who starred in both the American Basketball Association and the National Basketball Association...
went to the Portland Trail Blazers for $300,000, Ron Boone
Ron Boone
Ronald Bruce Boone is a retired American Basketball Association player.During his years at Tech High in North Omaha, Nebraska, Boone stood 6'2" and weighed 175 pounds....
went to the Kansas City Kings for $250,000, Randy Denton
Randy Denton
Randall Drew Denton is an American former professional basketball player.A 6'10" center from Duke University, Denton played six seasons in the American Basketball Association and National Basketball Association as a member of the Carolina Cougars, Memphis Pros, Memphis Tams, Utah Stars, Spirits...
went to the New York Knicks for $50,000 and Mike Barr
Mike Barr
Mike Barr may refer to:*Mike Barr , retired American basketball player*Mike Barr , American football punter*Mike Barr , tour tennis player in the late 1970s, early 1980s...
went to the Kansas City Kings for $15,000.
The folding of the Spirits dissolved a very talented basketball team, one that likely would have competed successfully in the NBA. Twelve players from the final two Spirits of St. Louis rosters (1974–76) played in the NBA during the 1976–77 season and beyond: Maurice Lucas
Maurice Lucas
Maurice Lucas was an American professional basketball player. The first two years of his postcollegiate career were spent in the American Basketball Association with the Spirits of St. Louis and Kentucky Colonels...
, Ron Boone
Ron Boone
Ronald Bruce Boone is a retired American Basketball Association player.During his years at Tech High in North Omaha, Nebraska, Boone stood 6'2" and weighed 175 pounds....
, Marvin Barnes
Marvin Barnes
Marvin Jerome Barnes is a former professional American basketball player.As a 6'8" forward for Providence College, Barnes led the nation in rebounding in 1973-74. On December 15, 1973, Barnes scored 52 points against Austin Peay, breaking the single-game school record...
, Caldwell Jones
Caldwell Jones
Caldwell "Pops" Jones is a retired American professional basketball player.Jones was drafted from Albany State University by the Philadelphia 76ers with the 14th pick in the 1973 NBA Draft...
, Lonnie Shelton
Lonnie Shelton
Lonnie Jewel Shelton is a retired American National Basketball Association player who played from 1976-1985. He played college basketball for Oregon State University. Shelton was drafted by the Memphis Sounds of the American Basketball Association in 1975 but elected to stay in college...
, Steve Green
Steve Green
Steve Green is a Contemporary Christian music singer notable for his vocal range and flexible solo style. Over his 35 year career, Green has been honored as a four-time Grammy Award nominee, seven-time Dove Award winner. He has had 13 No...
, Gus Gerard
Gus Gerard
Gus Gerard is a retired American professional basketball player who played for the Carolina Cougars and Spirits of St...
, Moses Malone
Moses Malone
Moses Eugene Malone is a retired American Hall of Fame basketball player who starred in both the American Basketball Association and the National Basketball Association...
, Don Adams
Don Adams (basketball)
Donald L. Adams is a retired American professional basketball player. He is 6 ft 6 in 210 lb....
, Don Chaney
Don Chaney
Donald Ray Chaney is an American former professional basketball player and coach, most notable for his long stints as a player on the Boston Celtics.-Career as a player:...
, M. L. Carr
M. L. Carr
Michael Leon Carr is an American former professional basketball player in the National Basketball Association and American Basketball Association, and former head coach and General Manager of the Boston Celtics...
and Freddie Lewis
Freddie Lewis
Frederick L. Lewis is a retired American basketball player. He played professionally in the National Basketball Association and now defunct American Basketball Association from 1966 to 1977....
. However, the deal cut by the Silna brothers and the incredible amount of revenue it has produced over the years has itself become legend.
External sources
- Darren Rovell, Spirit of ABA deal lives on for Silna brothers, ESPN.com, January 22, 2007
- RememberTheABA.com Spirits of St. Louis page
- Darren Rovell, NBA Edition: Silna Family "Fortune" And The Draft, CNBC, June 28, 2007
- Dan Grossman, A Deal I Wish I'd Done, 2003
- Pluto, Terry, Loose Balls: The Short, Wild Life of the American Basketball Association (Simon & Schuster, 1990), ISBN 978-1-4165-4061-8