Led by Player/Coach Cliff Hagan the Dallas Chaparrals were one of 11 teams to take the floor in the inaugural season of the upstart American Basketball Association. Along with Hagan, Bob Verga and John Beasley all averaged around 20 points per game the Chaps were one of the premier teams in the new league finishing second in the Western Division with a 46-32 record.

In the playoffs the Chaps made quick work sweeping the Houston Mavericks in three straight. However, in the Western Finals the Chaps would be knocked off by the New Orleans Buccaneers four games to one.