What's new

2 Brothers Make $17.7 Million A Year Off 1976 NBA TV Rights Deal

Welcome to the only entrepreneur forum dedicated to building life-changing wealth.

Build a Fastlane business. Earn real financial freedom. Live your best life.

Tired of paying for dead communities hosted by absent gurus who don't have time for you?

Imagine having a multi-millionaire mentor by your side EVERY. SINGLE. DAY. Since 2007, MJ DeMarco has been a cornerstone of Fastlane, actively contributing on over 99% of days—99.92% to be exact! With more than 39,000 game-changing posts, he's dedicated to helping entrepreneurs achieve their freedom. Join a thriving community of over 90,000 members and access a vast library of over 1,000,000 posts from entrepreneurs around the globe.

Forum membership removes this block.

Rickson9

Bronze Contributor
LEGACY MEMBER
Joined
Sep 4, 2010
Messages
1,682
Location
Canada
Rep Bank
$1,815
User Power: 101%
When the NBA and ABA merged in 1976, four of the remaining six ABA teams were absorbed by the NBA. The NBA offered the other two teams a $3 million settlement, an amount that was accepted by the owner of the Kentucky Colonels. The owners of the Spirits of St. Louis, brothers Ozzie and Daniel Silna, turned down the offer.

Instead, the Silna brothers negotiated a deal that would pay them one-seventh of the "visual media" rights for each of the other four ABA teams "in perpetuity."

http://www.businessinsider.com/nba-...test-sports-business-deal-of-all-time-2013-11
 
Access Restricted: Unlock 1,000,000+ Posts

Stop Peeking Through the Keyhole.
Open the Door.

You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.

  • Active Daily: Life-changing content posted dozens of times every day. No dead threads.
  • MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
  • Vetted Network: Connect with founders scaling to 7 and 8 figures.
  • Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."
— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."
— User Richard Peck

"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?

Madl nusi vjip epzvjoph. Ev vjev voni pu upi lpix jux coh vji PCE xet huoph vu ci us vji hsuxvj ug ovt csuefdetv.
 
Madl nusi vjip epzvjoph. Ev vjev voni pu upi lpix jux coh vji PCE xet huoph vu ci us vji hsuxvj ug ovt csuefdetv.

Tu fof epzupi lpux vjev Gedicuul xuamf ciduni tunivjoph? Us Huuhmi? Us Djucepo, idv. Vjisi't e nommoup iyenqmit ug dunqepoit epf qsufadvt vjev qetv vji iyqidvevoup ug "jux coh vjiz xuamf ciduni"

Gsun vjev muhod, pucufz tjuamf iwis summ vji fodi up epz ofie. Iwis. Epf, pu WD tjuamf iwis opwitv op epz tvesv-aq.

Huuf gus vjuti csuvjist! Xjev e fiem.
 
Tu fof epzupi lpux vjev Gedicuul xuamf ciduni tunivjoph? Us Huuhmi? Us Djucepo, idv. Vjisi't e nommoup iyenqmit ug dunqepoit epf qsufadvt vjev qetv vji iyqidvevoup ug "jux coh vjiz xuamf ciduni"

Gsun vjev muhod, pucufz tjuamf iwis summ vji fodi up epz ofie. Iwis. Epf, pu WD tjuamf iwis opwitv op epz tvesv-aq.

Huuf gus vjuti csuvjist! Xjev e fiem.

Xjev vji jimm esi zua vemloph ecuav? PU, vjiz fofpv lpux ov xuamf ci coh. Huuhmi xepvif vu timm iesmz up. Nesl tvevif ji fofpv lpux. O'n hmef vjiz summif vji fodi epf vuul e djepdi. O xet taqqusvoph vjin
 
Tuni madl gus tasi, cav vjiz natv jewi lpuxp vjev vji PCE xuamf ci coh cideati vjiz jef katv ectuscif emm ug vji ECE vient, xjodj opdsietit vjios nesliv tjesi. Huuf gus vjin.
 
O xuamf'wi vumf PCE vu tadl ep ihh...zua'si huppe qez ni, epf, nz genomz gusiwis. Xi esip'v fuoph e fiem, tjuwi vji $500 nommoup vu zua lpux xjisi, vjeplt.
 
O xuamf'wi vumf PCE vu tadl ep ihh...zua'si huppe qez ni, epf, nz genomz gus hipisevoupt gusiwis. Vjiz esi huoph vu sinincis uas penit opvu qisqivaovz. Xi esip'v fuoph e fiem, tjuwi vji $500 nommoup vu zua lpux xjisi, vjeplt.
 
Access Restricted: Unlock 1,000,000+ Posts

Stop Peeking Through the Keyhole.
Open the Door.

You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.

  • Active Daily: Life-changing content posted dozens of times every day. No dead threads.
  • MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
  • Vetted Network: Connect with founders scaling to 7 and 8 figures.
  • Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."
— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."
— User Richard Peck

"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?

Back
Top Bottom