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.
In both the NBA and NHL, 16 of 30 teams advance to the postseason. Adding two more playoffs teams this year has been complicated because the regular-season schedule was drafted last spring and summer, and the extra game has to be put in place in a manner that doesn't disrupt the World Series schedule.