The Spirits used to be the Carolina Cougars, most of whose front office and coaching staff are now in Denver. Among the ex-Cougar Spirits is Forward Joe Caldwell, who is expensive, aging and troublesome. A court ruling will decide whether the Spirits get Billy Cunningham, who decamped for Philadelphia in the NBA with a year to go on a disputed contract. The Spirits will get Don Chaney in 1975, after he plays out his option with the Celtics. Meanwhile, they are scrambling for competent guards. They do have three No. 1 draft picks in uniform—Marvin Barnes, Maurice Lucas and Fly Williams—all of whom carry big price tags and pose potential discipline problems for Coach Bob MacKinnon. Their most promising rookie is Gus Gerard, a 6'8" cornerman from Virginia. It will be all MacKinnon can do to keep his own spirits up.