PETE "PISTOL PETE" MARAVICH - DOCUMENT SIGNED 08/10/1977 CO-SIGNED BY: THE UTAH JAZZ , LESTER E. ZITTRAIN, SAMUEL D. BATTISTONE, JR., LEE H. SCHLESINGER, MARK B. HERMAN, CARLA NAN BATTISTONE, JANE H. SCHLESINGER, LISA S. HERMAN - HFSID 288536
Sale Price $3,825.00
PETE MARAVICH and the NEW ORLEANS JAZZ
Guaranty Agreement also signed by team owner Sam Battistone, Jr and two other major investors, and by sports lawyer Lester Zittrain, Pistol Pete's agent
Documentary Letter signed: "Peter Maravich", "Lester E. Zittrain", "Sam D. Battistone", "Carla Nan Battistone", "Lee H. Schlesinger", "Jane M. Schlesinger", "Mark B. Herman", "Lisa S. Herman" and by 2 witnesses (signing multiple times), 6 pages, 9x14. No place, 1977 August 10. Guaranty Agreement signed in conjunction with Pete Maravich's contract with the New Orleans Jazz of the National Basketball Association. "PISTOL PETE" MARAVICH (1947-1988) was an NCAA basketball star at Louisiana State University, setting an NCAA scoring record of 3,667 points, a record which still stands. This record is all the more remarkable because when Maravich played, freshmen were not eligible for the varsity team, and the 3-point shot was not yet permitted. (Maravich's college coach, Dale Brown, has estimated that the player, an outstanding shooting guard, would have averaged 13 three-point baskets per game. As it was, the 3-time All-American averaged 44.2 points per game. Maravich played his first four NBA seasons with the Atlanta Hawks. In 1974 the New Orleans Jazz, an expansion franchise, traded 8 players to the Hawks to bring Maravich back to New Orleans. Maravich led the NBA in scoring in the 1976-1977 season, just prior to his new contract, but the team never had a winning record in New Orleans. While the team developed a fan following in the city, it never had its own stadium, and received little backing from local corporations. The team's shaky financial condition was no doubt the reason Maravich's new contract was accompanied by this guaranty of payment by team owners. In 1979, the team moved to Salt Lake City, somewhat incongruously keeping the name of Jazz. Maravich moved with the team, but leg injuries sustained in 1978 hampered his effectiveness, and he was traded to the Boston Celtics in 1980, helping the Celtics to the playoffs in what proved to be his final season. In 1987, Maravich became one of the youngest players ever enshrined in the Basketball Hall of Fame. He died while playing a pickup basketball game the next year, stricken by a previously undiagnosed congenital heart condition. LESTER E. ZITTRAIN (1931-2003), a prominent lawyer in Pittsburgh, Maravich's home town, was one of the early sports agents, representing not only Pete but also NFL stars Terry Bradshaw, Rocky Bleier and Joe Greene. He later left sports law, feeling that the field had become too "dirty," and its agents too ego-driven. SAM D. BATTISTONE (JR.) (b. 1943), the son and namesake of Sam Battistone (founder of the Sambo's Restaurant chain), was the principal owner of the New Orleans Jazz. Battistone's LDS faith provided an additional incentive for him to move the team to Salt Lake City, but he insisted that business considerations were paramount. He sold the team in 1986, devoting himself to numerous sports memorabilia companies. LEE SCHLESINGER was a minority owner of the Jazz, as was MARK B. HERMAN, a New Orleans lawyer and financier. The wives of Battistone, Schlesinger and Herman have also signed this agreement, a necessary measure since the families' personal fortunes were being used to guarantee the Maravich contract. Because of his celebrity status and early death, Maravich's signature, and other items associated with him, are highly valued. Normal mailing folds. Fine condition. Accompanied by PSA/DNA LOA.
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