The team was founded in 1967 while a concession of Nets called the Americans of New Jersey. The brown one of Arthur of owner of team has in the beginning desired that the team played in New York City, but after does not fix an arena of city, the team spent the season 1967-68 playing in Teaneck, New Jersey. The next brown one of season retire the group the nets and moved in the long island, New York, and in 1969 it sold the nets to the businessman Roy Boe. The nets qualified for the finales for the first time in 1969-70. Before the following season the team signed Rick forwards demarquage Barry, and in 1972 the nets have advanced with the finales of aba, where they lost in Indiana Pacers four plays with two.

Before the season 1972-73 Barry left the nets, and equips it gained only 30 plays which year. In 1973, however, the club replaced Barry with Jules called forwards lifting Erving. Known as Dr. J, Erving amplified the popularity of the team and improved her play. The nets recorded a mark of the regular season 55-29 in 1973-74 and claimed the title of aba. Erving supplemented the league in marking with 27.4 points by play and gained the reward of the most valid player of league (MVP). After a first loss of finale in 1975, the nets are turned over in the season 1975-76 with a disc of the gain-loss 55-29. Carried out by Erving, which still gained the reward of the MVP of the league, the nets bested nuggets of Denver in the finales of aba to gain their second championship. Before the season the 1976-77 folded aba, and the nets were one of four teams of aba which joined the NBA.

The wages dispute with Erving forced the club to sell its contract in Philadelphia 76ers, and without it's the first role ahead the team holds does not announce a disc of profit during her the first five seasons of NBA. After their first NBA season the team moved in New Jersey, and in 1978 Boe sold the team. Before the 1972-73 season Barry left the Nets, and the TEAM won only 30 games that year. In 1973, however, the club replaced Barry with year acrobatic forward named Julius Erving. Known have Dr. J, Erving boosted the team' S popularity and improved its play. The Nets recorded has 55-29 regular-season mark in 1973-74 and claimed the ABA title.

Erving topped the league in scoring with 27.4 points per game and won the league' S most valuable player (MVP) award. After year early playoff loss in 1975, the Nets returned in the 1975-76 season with has 55-29 win-loss record. Led by Erving, who again won the league' S MVP award, the Nets bested the Denver Nuggets in Final the ABA to earn to their second championship. Before the 1976-77 seasons the ABA folded, and the Nets were one of furnace ABA teams that joined the NBA. Salary arguments with Erving forced the club to sell his contract to the Philadelphia 76ers, and without its star forward the TEAM failed to post has winning record during its first five NBA seasons. After to their first NBA season the TEAM moved to New Jersey, and in 1978 Boe sold the TEAM.