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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

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

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

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

Their piece amounted to a sliver of the modest amount that CBS was paying the N.B.A. in those days. 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 ...
Posted: September 6, 2012, 8:09 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
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