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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

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

ABA TV settlement approaching $1 billion

Over the past 25 years, Ozzie and Dan Silna have collected approximately $100 million from ... (Photo: AP) In 1976, NBA wanted to absorb four teams from the rival American Basketball Association (ABA): the Indiana Pacers, San Antonio Spurs, New York ...
Posted: January 28, 2014, 6:51 am

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

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

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, 8:09 pm
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