Aldridge on Harden, Thunder, Seattle, Williams
In today's column, David Aldridge of NBA.com runs down the particulars of one of the more fascinating off-the-court battles the league has encountered in its history. The Silnas brothers, the former owners of the Spirit of St. Louis, rejected a $3MM flat buyout offer in 1976 from the four ABA teams that got to make the leap to the Association. Instead, they opted for a one-seventh share of the TV money earned by the Nets, Spurs, Pacers, and Nuggets. While the sliver of the pie wasn't worth much 26 years ago, it has now given the Silnas brothers a whopping $250MM+ with no end in sight. Now, the brothers are set for battle with the league as they also demand a cut of international TV money, League Pass, and other broadcast revenue streams. While a good chunk of NBA teams struggle to get in the black, the former Spirit of St. Louis owners have managed to rake in major money for more than a quarter-century. Here's more from Aldridge...
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