Joining the NBA the Nets, would acquire star Guard Nate "Tiny" Archibald. However, a contract dispute would develop with their biggest star Julius Erving.

After paying $8 million dollars just to enter the NBA the Nets were in financial trouble, and were forced to sell Dr. J.

to the Philadelphia 76ers for $3 million. The move would go down as one of the worst deals in NBA history as the Nets went from ABA Championship to NBA basement with a 22-60 record.