They finished 3rd among the six team division, qualifying for the playoffs by nine games for the third straight year.
[1] The Nets advanced to the ABA Finals, where they lost to the Indiana Pacers.
Rick Barry averaged 31.5 points per game in what would be his final season in the ABA.
Barry was forced to return to his former NBA team, the Golden State Warriors, due to an injunction issued by the U.S. District Court prohibiting him from playing for any professional team other than the Warriors after his Nets contract ended.
Roster Eastern Division semifinals vs. Kentucky Colonels[2] Nets win series, 4–2 Eastern Division finals vs. Virginia Squires Nets win series, 4–3 ABA Finals vs. Indiana Pacers Nets lose series, 4–2