David Thompson (left) and Julius Erving
May 13, 1976, 50 years ago: The New York Nets beat the Denver Nuggets, 121-106 at the Nassau County Veterans Memorial Coliseum in Hempstead, New York, and win the American Basketball Association Championship in 6 games.
(The Nassau Coliseum is in the Town of Hempstead, in Nassau County, on Long Island, but its mailing address is Uniondale, NY.)
For the Nets, coached by Kevin Loughery; Julius Erving, known as Dr. J, scored 31 points, John Williamson 28, Brian Taylor 24, Jim Eakins 15, Bill Melchionni and Tim Bassett each scored 4, Al Skinner 3, Rich Jones 2, and Ted McClain 1.
For the Nuggets, coached by Larry Brown (with some irony, a Nassau County native): David Thompson, known as "Skywalker" before there was a Star Wars, led all scorers with 42 points, Dan Issel 30, Chuck Williams 14, Monte Towe 6, Ralph Simpson and Bobby Jones 4 each; and Byron Beck, Marvin Webster and Gus Gerard 2 each.
This turns out to be the last game in ABA history. It is also the last game that Erving plays for the Nets.
Before the 1975-76 season began, the Memphis Sounds, who had been the Memphis Tams (1972-74), the Memphis Pros (1970-72), and the New Orleans Buccaneers (1967-70), moved again, becoming the Baltimore Claws, but only played 3 exhibition games before being folded by the league for nonpayment of fees. The San Diego Conquistadors became the San Diego Sails, but folded 11 games into the season; the Utah Stars, only 2 seasons removed from a Finals berth and the 1971 ABA Champions, folded 16 games in.
So only 7 teams completed the season: The Nets, the Nuggets, the San Antonio Spurs, the Indiana Pacers, the Kentucky Colonels, the Spirits of St. Louis and the Virginia Squires. The ABA required the remaining teams to each put up $75,000 before merger talks with the NBA, and the Squires didn't, folding, and ending what remains Virginia's last sports team with major league pretensions. (The Washington Commanders have their offices and training camp in Virginia, but, as of the 2022 season, their stadium is in Maryland.)
Despite being 1 of only 2 teams, the Pacers being the other, to play every ABA season under the same name and in the same metro area, and being only 1 season removed from an ABA Championship, the Colonels folded. Team owner John Y. Brown Jr., who bought Kentucky Fried Chicken from "Colonel" Harland Sanders and made it a nationwide brand, took a $3.3 million payoff from the NBA.
Brown took the money he received for the Colonels and used part of it to purchase the NBA's Buffalo Braves, which he later parlayed into ownership of the Boston Celtics. In 1979, he was elected Governor of Kentucky. To this day, no major league team in any sport has called Kentucky home, unless you count Racing Louisville FC of the National Women's Soccer League.
The Spirits' demise was a bit more interesting. The team known from 1967 to 1969 as the Houston Mavericks, and from then until 1974 as the Carolina Cougars, were owned by brothers Ozzie and Daniel Silva, textile magnates, who had previously tried to buy the NBA's Detroit Pistons. They had planned to move the Spirits to Salt Lake City if the NBA would accept them. It didn't, thinking both St. Louis and Salt Lake City too small as markets. However, in 1979, the NBA did not stop the New Orleans Jazz from moving to Salt Lake City.
In June 1976, the ABA owners agreed, in return for the Spirits of St. Louis ceasing operations, to pay the Silnas $2.2 million in cash up front, in addition to a 1/7th share of the 4 remaining teams' television revenues in perpetuity. As the NBA's popularity exploded in 1980s and 1990s, the league's television rights were sold to CBS, and then NBC, and additional deals were struck with the cable networks TBS and TNT, league television revenue soared into the hundreds of millions of dollars.
From 1976 to 2012, the Silnas collected approximately $255 million from the NBA, despite the fact that the Spirits never played an NBA game. (Nor has the NBA placed a new team in St. Louis since the Hawks moved to Atlanta in 1968.) In 2014, the Silnas reached agreement with the NBA to greatly reduce the perpetual payments, and take a lump sum of $500 million. Ozzie died in 2016, at the age of 83. As of May 13, 2022, Dan is still alive, 77 years old, and still receiving money from the NBA, even though he hasn't owned a pro basketball team in 46 years.
When the 1976-77 season begins, the Nets, the Nuggets, the Pacers and the Spurs were in the NBA. But, as a result of having to pay an entry fee and a territorial indemnification fee to the Knicks, the Nets sold Erving to the Philadelphia 76ers. The Nets went from the best team in their old league to the worst in their new one, while Dr. J helped the Sixers reach 4 NBA Finals, including in that 1st season, winning the title in 1983.
The Nets changed their name to the New Jersey Nets in 1977, moved to the Rutgers Athletic Center in Piscataway, then to the Brendan Byrne Arena at the Meadowlands in East Rutherford in 1981, then to the Prudential Center in Newark in 2010, and finally to the Barclays Center in 2012, becoming the Brooklyn Nets. They reached the NBA Finals in 2002 and 2003, but, for the most part, due to poor drafts, poor trades, and internal dissension that occasionally breaks them up, they have been an NBA failure.
However, it should also be noted that the 1976 ABA title was the last league championship won by a basketball team in the New York Tri-State Area until the New York Liberty won the WNBA Championship in 2024. The Knicks won the NBA in 1970 and 1973, the Nets won the ABA in 1974 and 1976. Since then, between them, they are 0-4 in NBA Finals, winning just 6 Finals games in 40 years. The Nuggets didn't even reach the NBA Finals until 2023, finally winning it.
The NBA never adopted the ABA's red-white-and-blue ball, keeping their traditional orange. But in 1979, they adopted the 3-point field goal, which the ABA had, as had the American Basketball League of 1961-62.
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