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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

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

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, 10:36 am

NBA Settles Massive TV Deal With Spirits of St. Louis Owners for $500 Million

Daniel Silna and Ozzie Silna had, for decades, the best (and craziest) deal in all of sports. According to the NY Times, the former owners of the ABA’s Spirits of St. Louis have at last reached a deal with the NBA: The Spirits were excluded from the 1976 ...
Posted: January 7, 2014, 11:15 am

No Team, No Ticket Sales, but Plenty of Cash

But if the share was small then, one particular term of the arrangement was attractive: the owners, 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 ...
Posted: September 6, 2012, 8:09 pm

Marvin Barnes, former ABA power forward, dies at 62

Marvin Barnes pulled up in his white Escalade ... "The best con man I ever knew," Spirits owner Ozzie Silna told me. He said it with affection. I knew how Silna felt. The morning after the game, I was supposed to meet Barnes, but he disappeared.
Posted: September 9, 2014, 9:06 pm
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