Professional Sports Owner. He was the original owner of the Seattle SuperSonics of the National Basketball Association, and a former co-owner of the San Diego Chargers of the National Football League. He bought the Sonic franchise for $1.75 million in 1967. His 1978-1979 team brought Seattle it's first modern day professional championship, defeating the Washington Bullets four games to one in the NBA finals. In 1970 he made legal history in signing American Basketball Association (ABA) star Spencer Haywood to an NBA contract. The NBA had established rules preventing players from entering the league prior to their college class graduating. The case eventually made its way to the United States Supreme Court with Schulman winning in a landmark decision, opening the way for underclassmen and high school graduates to enter the NBA at an earlier age. In 1983 he sold the Seattle SuperSonics to Barry Ackerley, head of Ackerley Communications. He died in Los Angeles, California, from blood disease complications at the age of 93.
Professional Sports Owner. He was the original owner of the Seattle SuperSonics of the National Basketball Association, and a former co-owner of the San Diego Chargers of the National Football League. He bought the Sonic franchise for $1.75 million in 1967. His 1978-1979 team brought Seattle it's first modern day professional championship, defeating the Washington Bullets four games to one in the NBA finals. In 1970 he made legal history in signing American Basketball Association (ABA) star Spencer Haywood to an NBA contract. The NBA had established rules preventing players from entering the league prior to their college class graduating. The case eventually made its way to the United States Supreme Court with Schulman winning in a landmark decision, opening the way for underclassmen and high school graduates to enter the NBA at an earlier age. In 1983 he sold the Seattle SuperSonics to Barry Ackerley, head of Ackerley Communications. He died in Los Angeles, California, from blood disease complications at the age of 93.
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