The ABA-NBA merger resulted in “the greatest deal known to man.” A million-dollar investment in 1974 finished with an estimated $800 million profit in 2014. But not everyone got their fair share. 108 former ABA players, mostly African-American, still receive no pension from their playing days in the NBA.
“As far as this pension thing, the NBA is waiting for us to die off. Adam Silver and the board are waiting for us to die, so they don’t have to worry about it.”
Frank Card, USA Today