From Ed Odeven Reporting:
Third in a series
When the NBA and ABA finalized merger proceedings in the summer of 1976, four teams (the San Antonio Spurs, New York Nets, Denver Nuggets and Indiana Pacers) were swallowed up by the NBA.
The ABA as an entity was finished. History. The other remaining teams, the Kentucky Colonels and Spirits of St. Louis, folded.
On the other hand, its legacy — and the impact of ex-ABA players that enriched the NBA — was just getting started.