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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

The NBA Finally Puts An End To The Greatest Sports Deal Of All Time

The New York Times reports that the agreement with the NBA came because of Daniel Silna’s growing reluctance to keep fighting the league. With an estimated $800 million haul from the deal, Daniel (69) and Ozzie (80) Silna will always be part of ...
Posted: January 7, 2014, 10:43 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, 12:12 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, 8:07 pm

Silna Settles Longtime NBA Dispute for $500M

Forty years after stubbornly refusing to take a cash buyout for their former professional basketball team from the NBA in favor of a portion of four of its teams television revenues in perpetuity, longtime Malibu resident Ozzie Silna, 81, and his brother ...
Posted: April 16, 2014, 11:32 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, 8:51 am
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