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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

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

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 ... Brown received a $3 million payoff from the remaining ABA teams. Silna wasn't willing to go away that easily. As part of a concept he ...
Posted: May 26, 2006, 3:00 pm

From Hoops To Oops?

In 1976 Daniel and Ozzie Silna, New Jersey brothers who’d made a small fortune in textiles, owned an American Basketball Association team known as the Spirits of St. Louis. A man named Bob Costas, in his first job as a broadcaster, did the team’s play ...
Posted: May 18, 2011, 7:00 pm

ABA TV settlement approaching $1 billion

This year, the Pacers will send Ozzie and Daniel Silna almost $5 million. It could be one of the best sports deals of all time — and now the NBA and the Pacers want to give the Silna brothers an additional $500 million. What have the Silna brothers done ...
Posted: January 28, 2014, 6:51 am

NBA Still Paying Owners Of Defunct ABA Team

Daniel and Ozzie Silna, brothers who were in polyester manufacturing, bought an American Basketball Association team in 1974. They moved the Carolina Cougars to Missouri, where it became the Spirits of St. Louis. For two years, the Silnas supported an ABA ...
Posted: September 15, 2012, 1:00 am
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