Defunct Teams24 teams have folded or moved away from the Indiana area
When the NBL and BAA agreed to merge, two NBL franchises disappeared - Oshkosh and Hammond. Hammond tried unsuccessfully to raise the financial backing to join the NBA. The Oshkosh franchise was awarded to Milwaukee, but the team only lasted a month before being revoked by the league. Hammond folded after the 1948-49 NBL season and had their players assigned to the Waterloo franchise as part of the NBL/BAA merger on 3Aug49
Only team to continue after the Union Associaton folded in 1884, joining the National League to begin the 1885 season. Team was sold and left St. Louis to be relocated to Indianapolis to begin the 1887 season. Franchise folded following the 1889 season.