In the United States, antitrust law is a collection of mostly federal laws that regulate the conduct and organization of businesses in order to promote competition and prevent unjustified monopolies. The three main U.S. antitrust statutes are the Sherman Act of 1890, the Clayton Act of 1914, and the Federal Trade Commission Act of 1914. These acts serve three major functions. First, Section 1 of the Sherman Act prohibits price fixing and the operation of cartels, and prohibits other collusive practices that unreasonably restrain trade. Second, Section 7 of the Clayton Act restricts the mergers and acquisitions of organizations that may substantially lessen competition or tend to create a monopoly. Third, Section 2 of the Sherman Act prohibits monopolization.
The Washington Caps were an American Basketball Association team from 1969 through 1970. The franchise had previously been the Oakland Oaks. From 1970 through 1976 the team played as the Virginia Squires.
Oscar Palmer Robertson, nicknamed "the Big O", is an American former professional basketball player who played for the Cincinnati Royals and Milwaukee Bucks in the National Basketball Association (NBA). Robertson played point guard and was a 12-time All-Star, 11-time member of the All-NBA Team, and one-time winner of the MVP award in 14 seasons. In 1962, he became the first player in NBA history to average a triple-double for a season. In the 1970–71 NBA season, he was a key player on the team that brought the Bucks their first NBA title. His playing career, especially during high school and college, was plagued by racism.
Richard Francis Dennis Barry III is an American retired professional basketball player who starred at the NCAA, American Basketball Association (ABA) and National Basketball Association (NBA) levels. Barry ranks among the most prolific scorers and all-around players in basketball history. He is the only one to lead the National Collegiate Athletic Association (NCAA), ABA, and NBA in points per game in a season. He ranks as the all-time ABA scoring leader in regular season and postseason (33.5) play, while his 36.3 points per game are the most in the NBA Finals history. Barry was also the only player to score at least 50 points in a Game 7 of the playoffs in either league until Stephen Curry and Jayson Tatum both reached that mark in 2023. He is one of only four players to be a part of a championship team in both leagues.
Julius Winfield Erving II, commonly known by the nickname Dr. J, is an American former professional basketball player. Erving helped legitimize the American Basketball Association (ABA), and he was the best-known player in that league when it merged into the National Basketball Association (NBA) after the 1975–1976 season.
The reserve clause, in North American professional sports, was part of a player contract which stated that the rights to players were retained by the team upon the contract's expiration. Players under these contracts were not free to enter into another contract with another team. Once signed to a contract, players could, at the team's discretion, be reassigned, traded, sold, or released.
David O'Neil Thompson is an American former professional basketball player. He played with the Denver Nuggets of both the American Basketball Association (ABA) and National Basketball Association (NBA), as well as the Seattle SuperSonics of the NBA. He was previously a star in college for North Carolina State, leading the Wolfpack to its first NCAA championship in 1974. Thompson is one of the ten players to score 70 or more points in an NBA game. He was inducted into the Naismith Basketball Hall of Fame in 1996.
William John Cunningham is an American former professional basketball player and coach, who was nicknamed the Kangaroo Kid for his leaping and record-setting rebounding abilities. He spent a total of 17 seasons with the NBA's Philadelphia 76ers, and two seasons as a player with the Carolina Cougars of the ABA.
Spencer Haywood is an American former professional basketball player and Olympic gold medalist. Haywood is a member of the Naismith Memorial Basketball Hall of Fame, being inducted in 2015.
The 1970–71 NBA season was the 25th season of the National Basketball Association. The season ended with the Milwaukee Bucks winning the NBA Championship, beating the Baltimore Bullets 4 games to 0 in the NBA Finals. Three new teams made their debut: the Cleveland Cavaliers, the Portland Trail Blazers, and the Buffalo Braves.
Frederick L. Lewis is a retired American basketball player. He played professionally in the National Basketball Association (NBA) and American Basketball Association (ABA). He is the only player to start his career in the NBA, and play all 9 full ABA seasons (1967-1976) until the NBA/ABA merger, then sign back with the NBA.
Flood v. Kuhn, 407 U.S. 258 (1972), was a decision by the Supreme Court of the United States that preserved the reserve clause in Major League Baseball (MLB) players' contracts. By a 5–3 margin, the Court reaffirmed the antitrust exemption that had been granted to professional baseball in 1922 under Federal Baseball Club v. National League, and previously affirmed by Toolson v. New York Yankees, Inc. in 1953. While the majority believed that baseball's antitrust exemption was anomalous compared to other professional sports, it held that any changes to the exemption should be made through Congress and not the courts.
Radovich v. National Football League (NFL), 352 U.S. 445 (1957), is a U.S. Supreme Court decision ruling that professional football, unlike professional baseball, was subject to antitrust laws. It was the third of three such cases heard by the Court in the 1950s involving the antitrust status of professional sports.
Haywood v. National Basketball Association, 401 U.S. 1204 (1971), was a U.S. Supreme Court decision that ruled against the NBA's requirement that a player could not be drafted by an NBA team until four years after graduating from high school. Justice Douglas, in an in-chambers opinion, allowed Spencer Haywood to play in the NBA temporarily until the litigation could proceed further. The case was settled out of court, Haywood continued playing, and the NBA modified its four-year rule to allow players to enter the league early in cases of "hardship".
The 1976–77 NBA season was the Braves seventh season in the NBA. The Braves were purchased by John Y. Brown, Jr., the former owner of the Kentucky Colonels in the now defunct American Basketball Association for $6.2 million. As part of an agreement with the Braves' former owner, Paul Snyder, Brown would give Snyder money received in player deals to reduce the purchase price. The sell-off began shortly after the season, as the Braves sold newly acquired Moses Malone. Malone was acquired in a trade with the Portland Trail Blazers after the ABA dispersal draft. Malone was now off to the Houston Rockets. The selling of players continued into the season as Bob McAdoo was sold to the New York Knicks. While the deals helped Brown pay virtually nothing for the franchise, it turned a promising franchise into a rebuilding one. Attendance fell off as the Braves finished in 4th place with a 30–52 record. The only spotlight was rookie Adrian Dantley, who captured Rookie of the Year honors with 20.3 points per game. However Dantley himself was traded following the season to the Indiana Pacers for Billy Knight.
The ABA–NBA merger was a major pro sports business maneuver in 1976 when the American Basketball Association (ABA) combined with the National Basketball Association (NBA), after multiple attempts over several years. The NBA and ABA had entered merger talks as early as 1970, but an antitrust suit filed by the head of the NBA players union, Robertson v. National Basketball Ass'n, blocked the merger until 1976.
Illinois Brick Co. v. Illinois, 431 U.S. 720 (1977), is a United States Supreme Court case that involved issues concerning statutory standing in antitrust law.
The 1967–68 ABA season was the first season for the American Basketball Association. The ABA was challenging the National Basketball Association. The ABA introduced a red, white and blue basketball. They used a 30-second shot clock as opposed to the NBA's 24 second shot clock, and also used the three-point shot. There were 11 teams playing in the first season of the league, with each team playing a 78-game schedule.
O'Bannon v. NCAA, 802 F.3d 1049, was an antitrust class action lawsuit filed against the National Collegiate Athletic Association (NCAA). The lawsuit, which former UCLA basketball player Ed O'Bannon filed on behalf of the NCAA's Division I football and men's basketball players, challenges the organization's use of the images and the likeness of its former student athletes for commercial purposes. The suit argues that upon graduation, a former student athlete should become entitled to financial compensation for NCAA's commercial uses of their image. The NCAA maintains that paying its athletes would be a violation of its concept of amateurism in sports. At stake are "billions of dollars in television revenues and licensing fees."
The NBA–ABA All-Star Game was an exhibition basketball match organized by the players associations of the National Basketball Association (NBA) and American Basketball Association (ABA) where a selection of the best players from each league played in a game against each other. The players organized the all-star game against the wishes of the owners, who refused any interleague play without a merger of the leagues. Billed as a "Supergame", it was held in 1971 and 1972. Another game was originally scheduled to be played in 1974, until the NBA won a binding arbitration blocking their players from participating.
