The club was established in 1967 as a charter franchise of the NBA's rival league, the American Basketball Association (ABA). They played in New Jersey as the New Jersey Americans during their first season, before relocating to Long Island, New York, in 1968 and changing their name to the New York Nets. During this time, the Nets won two ABA championships (1974 and 1976). In 1976, the ABA merged with the NBA, and the Nets were absorbed into the NBA along with three other ABA teams (the Denver Nuggets, Indiana Pacers, and San Antonio Spurs), all of whom remain in the league to this day.
The club was established in 1967 as a charter franchise of the NBA's ri,val league the American Basketball Association (ABA). They played in New Jersey as the New Jersey Americans during their first season, before relocating to Long Island, New York, in 1968 and changing their name to the New York Nets. During this time, the Nets won two ABA championships (1974 and 1976). In 1976, the ABA merged with the NBA, and the Nets were absorbed into the NBA along with three other ABA teams (the Denver Nuggets, Indiana Pacers, and San Antonio Spurs), all of whom remain in the league to this day.