Basic Information About Ozzie Silna
| Category | Business › Executives |
|---|---|
| Net worth | $150,000,000 |
| Gender | Male |
| Social Media | ↗︎ Wikipedia |
Ozzie Silna Net Worth
$150,000,000
Ozzie Silna, a famous American businessman, has a net worth of $150 million dollars. With a successful career in the textile industry, Silna and his brother, Daniel, ventured into owning a basketball team. Although their team never joined the NBA, their negotiation skills led them to a lucrative deal that has earned them nearly $300 million dollars in profits from television revenue.
Key facts:
- Ozzie Silna and his brother Daniel purchased the American Basketball League's Carolina Cougars in 1974 with the dream of owning a basketball team.
- They renamed the team the Spirits of St. Louis and relocated it to St. Louis, Missouri, in hopes of joining the NBA when the ABA and NBA merged.
- The Spirits of St. Louis played through the 1976 season before ultimately folding without ever joining the NBA.
- Ozzie Silna and his brother negotiated a deal that led to them receiving $2.2 million upfront and 1/7 of the four remaining ABA teams' television revenue in perpetuity.
- As a result, after the merger with the NBA, Ozzie Silna and his brother have profited nearly $300 million from television revenue.
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