February 5, 2007 - American Basketball Association (ABA)
(Indianapolis, Indiana)...The American Basketball Association, Inc. (otcbb "ABKB") announced today that the Board of Directors has voted to remove Joseph Newman as its Chief Executive Officer. No changes to the Board of Directors have been made. The Board of Directors has indicated that the change was necessary in order for the American Basketball Association, Inc. to protect and continue to best serve the interest of its shareholders.
Note: OurSports Central no longer actively covers the American Basketball Association (ABA) as a professional league due in part to its inability to publish and play a schedule and the transitory nature of many of its teams. For information on professional minor leagues, please see OSC's basketball section.