Full Answer. The amount of time it takes to process a refund depends on two factors: the agency to which the payment was made, and the bank to which the customer belongs. By the Electronic Transfer Act, banks are given 10 business days to process refunds.
1950: The BAA was renamed as the National Basketball Association (NBA). With a three-division setup, 12 teams now qualified for the playoffs, with the top four teams from each division meeting in the best-of-3 division semifinals. The winners met in the best-of-3 division finals.
There are a total of 32 teams in the NFL, with the league being organized into two conferences of 16 teams each - the National Football Conference and the American Football Conference. Each Conference is further organized into four geographic (more or less) Divisions of 4 teams each. The distribution of teams is as follows: AFC East.