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Ozzie Silna
Ozzie Silna Net Worth is $150 Million.. 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.
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Ozzie Silna Net Worth is $150 Million.

Ozzie Silna Net Worth is $150 Million. 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.
Brothers Ozzie and Daniel Silna made a fortune as pioneers in the manufacture of polyester. In 1974, they wanted to own an NBA team. After an attempt to buy 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 Ne...
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Ozzie Silna Latest News

The Silnas appear ready to settle with the NBA for $500 million

Daniel and Ozzie Silna, the brothers who have been a thorn in the NBA's side for nearly 40 years, appear to be nearing a settlement with the league. According to a report from Richard Sandomir of the New York Times, a settlement will be announced on ...
Posted: January 7, 2014, 10:06 am

Former A.B.A. Owners Ozzie and Daniel Silna Earn Millions From N.B.A.

Ozzie and Daniel Silna, would be paid the money every year in perpetuity, or as long as the N.B.A. existed. The Spirits became a distant memory, even for people in St. Louis. But the N.B.A. has continued to exist quite nicely, meaning the Silnas’ haul ...
Posted: September 6, 2012, 8:07 pm

The TV Deal the NBA Wishes It Had Not Made

There are only 30 NBA franchises, so who gets the extra check? The money goes to brothers Ozzie and Dan Silna, co-owners of the long-forgotten ABA team, the Spirits of St. Louis. Thirty years ago, Ozzie Silna, with attorney Donald Schupak, negotiated a ...
Posted: July 30, 2006, 5:00 pm

Silna Settles Longtime NBA Dispute for $500M

In 1976, the Silna brothers were the frustrated owners of the St. Louis Spirits ... After last season the total intake of Ozzie and Daniel Silna from the deal was $300 million. At the time the deal was made, national TV was an afterthought for the ...
Posted: April 16, 2014, 11:32 am

ABA TV settlement approaching $1 billion

For almost 40 years, the Indiana Pacers have paid millions of dollars to two brothers, one in New Jersey and the other in California. This year, the Pacers will send Ozzie and Daniel Silna almost $5 million. It could be one of the best sports deals of all ...
Posted: January 27, 2014, 2:30 pm
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