The acronym stands for 'American Professional Baseball Association', the name of a board game league Seitz devised in 1931 with eight high school classmates. It was created in 1951 by trucking firm purchaser J. For the third-party administrator financial services company, see American Benefit Plan Administrators.ĪPBA (pronounced 'APP-bah') is a game company founded in Lancaster, Pennsylvania. For the powerboat association, see American Power Boat Association.