Complex sentence: New Orleans had been a founding member of the ABA with the New Orleans Buccaneers (1967-1970) The lack of a dedicated arena and a poor performance record led the team to relocate to Memphis.
Split into simpler sentences: New Orleans had been a founding member of the ABA with the New Orleans Buccaneers (1967-1970). But the lack of a dedicated arena and a poor performance record led the team to relocate to Memphis.