NBA old-timers get big pension boost
LAS VEGAS -- Ending one of the most long-standing unresolved issues in NBA history, commissioner David Stern and players union director Billy Hunter announced Saturday that a small group of former NBA players will finally receive pensions.
The former players who will be affected are those who spent three or four years in the NBA, or its predecessor, the BAA, prior to 1965. Previously, pre-1965 players had to have five years of service to qualify.
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