However, they sneaked into the playoffs, finishing 3rd over the Texas Chaparrals and Denver Rockets by 11 games.
[1] Meanwhile, Blake had decided to let the league take over operations of the team less than midway through the season, claiming losses of $200,000.
With the threat of the team being bought and relocated somewhere else, the city of Memphis attempted to save the team with a public offering named "Save the Pros" on February 12, 1971, in which people could buy stock certificates of either $5, $10, or $50.
The plan worked, and subsequently the Pros would now be owned by Memphis Area Sports Inc., with a 24-member board of directors.
Western Division Semifinals vs Indiana Pacers Pros lose series, 4–0 1971 ABA All-Star Game selection (game played on January 23, 1971)