Donald Schupak is a New York business executive, investor, philanthropist, and attorney who is best known for his involvement with the Spirits of St. Louis during the 1976 ABA-NBA merger.
[5] Schupak is a founder and senior managing member of SGI MB LLC, a New York City-based merchant bank and registered broker dealer.
[1] In June 1976 the American Basketball Association owners agreed, in return for the Spirits of St. Louis ceasing operations, to pay the St. Louis owners (primarily Ozzie and Daniel Silna) $2.2 million in cash up front in addition to a 1/7 share of the four remaining teams' television revenues in perpetuity.
[6][7] Those teams, formerly of the ABA, are the Denver Nuggets, Indiana Pacers, New York Nets and San Antonio Spurs.
[9] The high school has since graduated more than 5,000 students[10] In 2017, Schupak reunited with former NBA commissioner David Stern to help launch SportsCastr.