The back story was that Dr. J was drafted by Milwaukee Rip Kobe Bryant Black Mamba 1978-2020 shirt Bucks in the 1971 NBA draft while he was playing for the ABA’s team of Virginia Squires. He was a superstar in the making at ABA and decided to sign with the Atlanta Hawks. However, he was already drafted by the Bucks and a fight ensued. With a few squabbles, he somehow wound up back in the ABA (it took a court to decide that) and was traded by the Virginia Squires to the New York Nets. Then a weird thing happened. The ABA merges with the NBA in the 1975 deal that included a $3.2 million entrance fee. Okay, no problem there for the Nets. However, the Knicks demanded that the Nets paid them additional territorial fees for invading on their exclusive audience at that zone. Both parties agreed to a $4.8 million territorial fee to the Knicks on top of the $3.2 mil to the NBA.
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Obviously the Nets can’t afford it. So, this was the trade proposal Rip Kobe Bryant Black Mamba 1978-2020 shirtThe Nets trading Dr. J to the Knicks in exchange for the Knicks to forgive the $4.8 million fee they would need to pay. Of course the Knicks as the Knicks they are usually are, turned that deal down. So the Nets need to go elsewhere and traded Dr. J to the Philadelphia 76ers for six million dollars to help defray the cost of total fees the Nets needed to pay. That particular let us know what happened to the Sixers as they wound up winning championships.