Complex sentence: Bassett owned the WFL's Memphis Southmen and the USFL's Tampa Bay Bandits team, as well as the Toronto Toros and Birmingham Bulls of the World Hockey Association and the Toronto-Buffalo Royals of World Team Tennis.
Split into simpler sentences: Bassett owned the WFL's Memphis Southmen and the USFL's Tampa Bay Bandits team. Bassett also owned the Toronto Toros and Birmingham Bulls of the World Hockey Association and the Toronto-Buffalo Royals of World Team Tennis.