St. Louis sold the player rights to Jerry Grote to Philadelphia on August 26, 1964. Basketball-Reference's Hawks, 76ers and league transaction ledgers all describe the move as a rights sale, so the legacy cash-for-rights structure is supported even though the amount was not disclosed. Grote never appeared in an NBA game for Philadelphia. His only NBA season came with the Los Angeles Lakers, where he played 11 games in 1964-65 and averaged 1.3 points in 3.0 minutes per game. With no documented 76ers production or downstream basketball asset from the acquired rights, St. Louis holds only a modest realized-value edge for converting a dormant asset into cash.
The Hawks sold the player rights to Jerry Grote to the 76ers on August 26, 1964. Hawks, 76ers and league transaction ledgers all describe the move as a rights sale, although the cash amount is not disclosed.
Grote never appeared in an NBA game for the 76ers. His only NBA season came with the Los Angeles Lakers, where he played 11 games in 1964-65 and averaged 1.3 points in 3.0 minutes per game.
St. Louis received a financial return for rights that did not produce NBA value for Philadelphia. The unknown amount prevents the sale from being treated as a major Hawks win.
A C+ versus D+ split fits the outcome. Philadelphia acquired rights that produced no measurable team value, while St. Louis converted the asset into cash, creating a modest rather than dramatic advantage.
Slight Hawks Edge — St. Louis C+, Philadelphia D+. St. Louis sold the player rights to Jerry Grote to Philadelphia on August 26, 1964.