The owners of the long defunct...

The owners of the long defunct Spirits of St. Louis of the ABA are about to get a $500 million payday.  The Spirits folded in 1976 when the
The owners of the long defunct Spirits of St. Louis of the ABA are about to get a $500 million payday. The Spirits folded in 1976 when the ABA merged with the NBA to create the league we know today. So why are they getting paid this much money over 35 years later? Because they made an amazing deal. Read about it over at the New York Times. http://nyti.ms/1cO8A7J