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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

'Yes on R' Campaign Raises $330K, Opponents $50K

Shapiro had previously donated $11,000 to the organization. DreamWorks co-founder David Geffen, billionaire film producer Ryan Kavanaugh and Malibu local Ozzie Silna each pledged $5,000 in August and September. Kavanaugh and Silna had each also contributed ...
Posted: October 17, 2014, 1:23 pm

Enterprising brothers converted NBA buyout of ABA team into multimillion-dollar windfall

That four-word phrase pretty much says it all for multimillionaire Ozzie Silna, one of the architects of arguably ... in North Carolina for about $1 million and quickly moved it to St. Louis. They founded the Spirits of St. Louis in what was then the ...
Posted: May 26, 2006, 3:00 pm

EMBLEMS: Action Embroidery has the military sewn up

Newman, 58, along with founder and CEO Ozzie Silna have launched a strong â Buy Americaâ push into the private, commercial sector. The huge pool of patch wearers includes professional athletic teams, car manufacturers, youth organizations ...
Posted: June 4, 2013, 11:51 am

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 ... a settlement will be announced on Tuesday that will pay the Silnas a whopping $500 million upfront payment, end their perpetual cut of the NBA's television revenue, and settle ...
Posted: January 7, 2014, 4:51 pm

ABA's Spirits of St. Louis owners still making millions

Daniel and Ozzie Silna were owners of the Spirits of St. Louis basketball team that played at the Checkerdome as part of the American Basketball Association. Seem like a long time ago? It was — 1976. But in the years since agreeing to fold the team when ...
Posted: September 7, 2012, 12:16 pm
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