The Oaks finished first in the Western Division and won their first and only ABA title.
They were helped in part by the hiring of Alex Hannum and Rick Barry for $85,000 per year.
In the ABA Western Division Semifinals, they defeated the Denver Rockets in seven games.
Despite being owned by singer Pat Boone, S. Kenneth Davidson and Dennis A. Murphy, the team lost money due to the proximity of the San Francisco Warriors.
Western Division Semifinals[2] Oaks win series, 4–3 Division Finals[2] Oaks win series, 4–0 ABA Finals[2] Oaks win series, 4–1 For scoring 21.5 points per game with 9.7 rebounds per game during the playoffs, Warren Jabali was named Playoffs MVP.