October 22nd, 1989 David Stern and the NBA announced they had salvaged the Peter Bynoe and Bertram Lee ownership situation and the Nuggets were sold. Unfortunately this was only the beginning of the Nuggets struggles.
Favors for friends
Robert Wussler Jr. made his name known for being on the ground floor in the formation of CNN and co-founding the pioneering cable news station along with his long time friend Ted Turner. Prior to forming CNN, he was a producer and Network President for CBS News for 21 years. He even had a (brief) cameo in the movie Black Sunday.