History of the Argentina national basketball team
In successive years, other clubs such as Ñaró, Estudiantes (LP), River Plate, Gimnasia y Esgrima, Universitario and Racing) registered their teams to the Federation. On August 30, 1929, the Argentine Basketball Federation (current "Confederación Argentina") was established, with founder members from Buenos Aires, Córdoba, Santa Fe, La Rioja, North Federation and Bahía Blanca. The Federación Argentina focused on the spread of basketball in Buenos Aires as in the rest of the provinces of Argentina.
American Basketball Association
The ABA was conceived at a time stretching from 1960 through the mid-1970s when numerous upstart leagues were challenging, with varying degrees of success, the established major professional sports leagues in the United States. Basketball was seen as particularly vulnerable to a challenge; its major league, the National Basketball Association, was the youngest of the Big Four major leagues, having only played 21 seasons to that point, and was still fending off contemporary challenging leagues (it had been less than five years since the American Basketball League (ABL) shut down). According to one of the owners of the Indiana Pacers, its goal was to force a merger with the more established league. Potential investors were told that they could get an ABA team for half of what it cost to get an NBA expansion team at the time. When the merger occurred, ABA officials said their investment would more than double.