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When did the NBA start and where?

April 26, 2017NBA

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When did the NBA start and where?

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The teams had to pay a $10,000 franchise fee, the money going for league operating expenses including a salary for Maurice Podoloff, who like the arena owners who hired him was experienced in hockey. Podoloff, a New Haven, CT lawyer who was President of the American Hockey League, agreed to also take on the duties of President of the new Basketball Association of America, which three seasons later, in a merger with the midwest-based National Basketball League, became the NBA. The salaries for beginning players was only $5,000 for the season.