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15 Worst Contracts in American Sports History

The Silna Brothers, NBA

Contract: Two percent of the NBA’s TV money in perpetuity

The Silna Brothers owned the Spirits of St. Louis in the ABA, and when the ABA merged with the NBA, the duo hoped that the Spirits would join the league. They weren’t invited to be one of the four teams, however. They agreed to fold the Spirits if they were paid $2.2 million… and a 1/7th share of television revenues for the four teams entering the NBA from the ABA (The Nets, Nuggets, Pacers and Spurs). At the time, the NBA was rarely on TV, and little was thought of that addendum. But the NBA exploded nationally in the 80s and 90s, and the Silna Brothers have made over $200 million from the NBA over the past 35 years for doing absolutely nothing. (Pictured: Ozzie Silna) —Johnny Goodtimes (AP Photo/Damian Dovarganes)



The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.

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