Page Sixteen THE MICHIGAN DAILY Tuesday, May 17, 1977 NBA newcomers slip financially By The Associated Press NEW YORK -- The four teams to sur- vive the demise of the American Bas- ketball Association are finding the price of survival to be costly indeed. Our four newest members have fi- nancial problems, in some instances quite serious problems," said National Basketball Association Commissioner Larry O'Brien, referring to the Denver Nuggets, Indiana Pacers, New York Nets and San Antonio Spurs. THE PROBLEMS, serious enough to force the teams to seek relief from the NBA, are an outgrowth of the agree- ment by which the four clubs became part of the league last summer. Tn return for places in the pro hasket- ball establishment, the four ex-ABA teams agreed to pay an entrance fee of $3.2 million each; to buy out the Ken- tucky and St. Louis ABA clubs which were not part of the merger; to pay legal costs and fees needed to pave the way to merger, and to forego sharing in television revenues until the current contract with CBS is completed. These other factors push the entrance fee upwards of $5.5 million, not counting the lost TV revenue or the territorial in- demnity - estimated at $2 million - the Nets had to pay the New York Knicks. A PAYMENT OF $200,000 per club, the last part of the $3.2 million, is due June 1. The four clubs asked for a delay, but were turned down by the league's fi- nance and advisory committees. "Since then, some of the clubs have requested the league review their situa- tions individually it hopes that the league might consider some modifica- tions," O'Brien said. "These reviews will take place at the annual Board of Governors meeting in Sin Diego June 14-17." Built into the June 1 deadline is a 30- day grace period, so the teams don't actually have to come up with any money until June 30. DENVER LED THE league with attendance of over 700,000 but had to cancel a proposed stock sale because of a shaky financial outlook. Indiana is up for sale, which is nothing new for that franchise. The Nets have always had money problems, or else they'd still have Julius Erving. And San Antonio, despite show- ing a profit for its first season in the NBA, has problems because of the com- mitments it made jointly with its other ex-ABA brethren, "We have not had our head in the sand," O'Brien said. "We will make ev- ery effort to see that these problems are resolved. "TO THIS MOMENT, the four teams have fulfilled all their obligations. They have acquitted themselves admirably as freshman members of the league. "Their problems do not relate to the N1A directly or to the 18 older NBA teams. These are commitments the teams made of their own free will and volition when they came into the league, Naturally, the NBA has a serious inter- est in and concern for their problems. "These problems are endemic to sports," added O'Brien. "Nothing is ever completely halcyon." Spt4 "6 tWr (Zailj Buckeyes slice up golfers Ibefending Big Ten champion Ohio State showed the Mi golf team the stuff it's mode of last weekend as it down Wolverines, 762-771, in a 30 hole tournament on Michigan's scourse. Michigan, led by sophomore Frank Sims' one-over par 7 a four-stroke lead over Ohio State after Friday's first rom on Saturday the Buckeyes found the bullseye as they shot e total of 374, 14 strokes better than their first round total. The Buckeyes were led by Ralph Guarasci, whose 74 149 score notched medalist honors for himself. Tim Von geren paced the Wolverines with a 79-74-153. Sims looned to an 81 on the second day, but his score of 154 lo still second best among the Michigan players. Guarasci, coincidentally, was medalist in last year's B championship tournament, which is on tap again this coming end at Michigan State's Forest Akers Course. Michigan well there two weeks ago, placing -fourth in the Spartar tational. But the Buckeyes won that tournament too. "It should be a little bit closer than in the past, but Ohic has to be considered the favorite," said assistant coaci Lipe, assessing the Big Ten championship. "After that it be a toss-up for second place between 'Michigan and Indiana. Lipe added that "anyone can get hot, though." The tournament starts this Friday. -GARY KIC Netters named for nationals Michigan's mens tennis team was one of 16 schools selec participate in the 1977 NCAA Division 1 Tennis Championsh was announced yesterday. UCLA, which tied with USC for last year's NCAA tear and ended this season with a 15-1 record, was seeded No. 1 year's team competition. Trinity was seeded No. 2, followed by No. 3 Stanford, Miami of Florida, and No. 5 SMU. Sixty-four players were also picked to compete for singles scrown and 32 teams were chosen for doublesp Matt Mitchell of Stanford was seeded No. 1 in singles, Mitchell and teammate Perry Wright were selected for top doubles spot. Team play is scheduled for May 23-26 at the Univers Georgia. Singles and doubles competition takes place May The Wolverines are returning from Texas today, where have just completed five matches in seven days. The netters ped their first match to Texas Christian last Tuesday at Worth, but they rebounded to defeat Baylor and Rice. On day the Wolverines were defeated by Texas, and they con their trip with a late match against Pan American yesterday -DAILY SP Knight takes a stand SAN DIEGO-Bobby Knight, the Indiana basketball coach the departure of some of his top players "isn't all bad." The latest to leave was Derek Holcomb, a 6-foot-11 fres who reportedly found Knight's coaching program too intense. coaches' clinic Sunday in San Diego, Knight spoke on the si of "Motivating Your Players." "I motivate them all right," said Knight. "I motivated guys to quit-which isn't all bad." He did not elaborate. Six players have left Indiana sine Hoosiers woon the NCAA title in March 1976. i On the nose BUT EVANGELISTA GOES DISTANCE All retains crown and By The Associated Press the LANDOVER, Md. - Muham- Major LeagueStand gS mad Aliposed and postured but punched enough to retain ity of , . . :::':- : -# - -:....: .. .::.. - :::>::: .:.. ::. :-, the world heavyweight cham- 28-30. AMERICAN LEAGUE NATIONAL LEAGUE pionship last night with a unani- they East East mous decision over Alfredo lrop- r w L Pet, GB sWr L Pet, G E v a n g e l i s t a, a 22-year- drp Baltimore 17n1us.ton - Pittshurthi 22an a71nit Fort New York 18 13 .581 Chicago 20 11 .645 2 old Spaniard who never quit Satur- Boston 17 13 .567 1 St. Louis 20 12 .62ni n trying. luded Milwaukee 17n.100 3 Philadelphia 17 13 .56 4 i Ali had it when he needed it eldd Detroit 14 18 A38 5 Montreal 13 it 48 but there were several times . Toronto 14 20 .412 6 New York 11 20 .35511 CORTS Cleveland 12 s 00 6 west during the 1$ rounds that the west Los Angeles 26 8 .764 - self - proclaimed greatest ap- Minnesota 22 11 .667 - Cineinnati 14 0 A.438 11 peared to be more shadow than Chicago 20 12 .625 1 san Francisco 13 19 .406 12 Texas 16 14 533 4'S Houston 13 20 .394 12B substance. Kansas city 17 16 .515 5 San Diego 14 23 .378 13 t BUT IT was the 35-year-old Oakland 16 17 .485 6 Atlanta 10 24 .294 16 champion's experience and says California 15 19 .441 7' Yesterday's Resuits Seattle 11 17 .lit 13!S Chicago 5, tan meto 6 silecletlf adta Late games not included Phitadelphia i0, Los Angeles 6 carried the day in his first hman Today's Games Today's games fight since his disputed deci- At a New York (Hnter, 1-2) at Oak- an Diego (Grifi, 3-1) at Chi- sion victory over Ken Norton landvitr Ke (Blur, 3-3) eago (Bonham, 4-2) ubject Detroit (Rozema, 3-0) at Texas Los Angeles (Sutton, 5-0) at last Sept. 28. (Alexander, 4-1) n. Philadelphia (Christenson, 3-3) n. Judges Terry Moore and Ray Toronto (Jefferson, 0-3) at Mil- Montreal (Warthen, 1-1) at At- Klingmeyer each scored it 72-64 some waukee (Travers, 3-4) n. lanta (Easterly, 0-0) a.yy Cleveland (Fitomoerrs, 2-4) at Pittsburgh (Candelaria, 4-0) at for All. Referee Hlarry Cec- Minnesota (toly, 2-0) n.. Cincinnati (tilingham, 4-2) n. chini, handling his first title e the Boston (Jenkins, 4-2) at Cali- San Francisco (Montefusco, 2-5) fight after 35 years in the busi- fornia (Simpson, 2-3) n. at New York (Koosman, 2-4) n. for the Baltimore (May, 4-3) at Seattle St. Louis (Rasmussen, 2-4) at ness, scored 71-65 -AP (Pole, 0-1) n. Houston (Bannister, 1-3) a. champ.