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On August 3rd in sports history, one significant event took place in 1949 when the National Basketball Association (NBA) was officially formed. The NBA was created through a merger of two rival organizations: the Basketball Association of America (BAA) and the National Basketball League (NBL).

The BAA had been around since 1946, while the NBL was founded way back in 1937. Both leagues had been competing for dominance in the world of professional basketball. However, by 1949, it became clear that the best way forward was to join forces and create a single, unified league.

The merger was orchestrated by the owners of the BAA, led by Walter A. Brown, the owner of the Boston Celtics. Maurice Podoloff, who was the head of the BAA, became the first commissioner of the newly formed NBA.

The NBA's inaugural season in 1949-50 featured 17 teams, including the New York Knicks, Boston Celtics, and Philadelphia Warriors, all of whom are still part of the league today. Other original teams, such as the Chicago Stags, Anderson Packers, and Sheboygan Red Skins, are long gone.

From these humble beginnings, the NBA grew to become a global phenomenon. Today, it is widely recognized as the premier men's professional basketball league in the world, with a fan base that spans the globe. The league has produced countless legendary players, from George Mikan and Bob Cousy in the early days, to Michael Jordan, Kobe Bryant, and LeBron James in more recent times.

So, August 3rd, 1949, marks a truly pivotal moment in sports history - the birth of the NBA, a league that would go on to redefine the game of basketball and capture the imaginations of millions of fans around the world.