NBA Eliminates Draft Trade Rule

June 5, 1968

SAN DIEGO -- The National Basketball Association owners are eliminating a constitutional bylaw which prohibits teams from trading their first draft choices. The rules goes out June 4, 1970.

The bylaw was established in the early 1950s when some of the less successful teams were selling their first draft choices as a means of solving financial problems.

But with the improved economic situation of the league, the owners decided that the conditions which prompted the establishment of the rule are no long present. The vote to rescind the rule came Tuesday in the annual meeting which ends today.

Source: Associated Press,