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The Basketball Association of America (BAA) was a professional basketball league in North America, founded in 1946. Following its third season, 1948–49, the BAA merged with the National Basketball League (NBL) to form the National Basketball Association (NBA). [1]
The league was formed as the Basketball Association of America (BAA) in 1946 and took its current name in 1949. The histories of NBA franchises that were also members of the American Basketball League (ABL), National Basketball League (NBL), National Pro Basketball League (NPBL), and American Basketball Association (ABA) are also included.
BAA was a privatised company created from the British Airports Authority government department. Though they were a private company, they were regulated by the Airports Act 1986 which put restrictions on the amount BAA could charge in the United Kingdom for airport services. [5] BAA USA was set up as a way for BAA to gain income without ...
After the 1948–49 season, its twelfth, it merged with the Basketball Association of America (BAA) to form the National Basketball Association (NBA). Five current NBA teams trace their history back to the NBL: the Atlanta Hawks , the Detroit Pistons , the Los Angeles Lakers , the Philadelphia 76ers , and the Sacramento Kings .
The 1946–47 BAA season was the inaugural season of the Basketball Association of America.The league launched with 11 teams playing a 60-game schedule. The postseason tournament (the 1947 BAA Playoffs) at its conclusion, ended with the Philadelphia Warriors becoming the first BAA Champion, beating the Chicago Stags 4 games to 1 in the BAA Finals.
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NEW YORK (Reuters) -Bank of America's profit shrank in the fourth quarter, hurt by $3.7 billion in one-off charges and a slide in interest income as it paid more to hold on to customer deposits.
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