It is a good partial summary of Jam series, at least until Hangtime (the series lasted various years more). The problem is, it does not make clear what happened with the name of the franchise. I mean, according to the video, Acclaim supposedly "just buyed the name rights to the NBA", but that has no sense: "Jam" series name, had to be bought to Midway, which is what I understood it happened. Probably because Midway need (or at least welcomed) some fresh money... and Acclaim, which was in FULL expansion in that era (they bought Probe in 1995 for a lot of cash) probably had it and wanted to secure a great franchise name
(but HEY! take THIS as a PURE speculation).
Obviously, the "NBA" part of the name was (and is) property of NBA, but NBA never had problems to "sold" the name to anyone who payed the money, as it is clear by all the games in the 90s and later years using their famous acronym in its games (from MANY different publishers).
Also, I will dissent in one point. Maybe Acclaim did bad games in its early days, and maybe they are remembered to make the MK 1 and 2 domestic ports during the early 90s....
But... really, the BEST era for Acclaim, and for which is fondly remembered by many, is for the N64 and PSX games. Specially for Turok trilogy in N64 and games like Forsaken, Shadow Man, or Xtreme-G series. As well as for being the developers and publishers of the first South Park games, and many american sports games (like Am. Football or Baseball games). And of course, the WWF games. Really.
EDIT: I said "Turok trilogy" for N64? It was NOT a trilogy, but a "tetralogy" (4 games): I totally forgot "Turok: Rage Wars", which was a multiplayer arena very focused game. It was the marvelous 90s,
when 4 years gave you enough time to do 4 GAMES of the SAME SAGA, even being full 3D games.
"PS2 era" started to fucked it up, and now is just a joke. You get a FULL new series game every 10 years... in the best case, and only if you are lucky.