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Article: ABA returns with black ownership.(African American-owned and managed teams within American Basketball Association)(Brief Article)
- Article from:
- Black Enterprise
- Article date:
- February 1, 2001
- Author:
CopyrightCOPYRIGHT 2001 Earl G. Graves Publishing Co., Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Blacks do more than dribble in new b-bail league
Three decades after they lit up the high school basketball courts in the suburbs of Detroit, Gregory Terrell and Arthus Blackwell have joined the short list of African Americans to own a basketball franchise in a professional league. They are co-owners of the Detroit Dogs, one of the eight teams that is part of the new American Basketball Association 2001 (ABA).
Blackwell, is part owner of Greektown Casino in Detroit and Terrell, who also owns a Detroit accounting firm and settlement company, obtained the ABA franchise with a $1 franchise fee and a league assessment fee of $150,000 to support the league ...