One Lehman Brothers executive, after being let go from the Wall Street firm, bought a Union, New Jersey franchise from a national handyman firm. A franchise was approximately $110,000 with a franchise fee of $14,900, according to a spokesperson for a national handyman franchise.
Remembering When the Spurs drafted David Robinson (& waited 2 years for him to play) Most teams are willing to use a #1 pick on a raw big man who might take a year or so of playing in the NBA before they start to develop into the All-Star type player they are hoping for. But not many would use their #1 pick on a player they wont even get to see in a NBA uniform for 2 years. Then again, most teams with a #1 pick donât have a shot at a David Robinson like the Spurs did. In 1987, the San Antonio Spurs used their #1 pick and drafted big man David Robinson from the US Naval Academy and then waited 2 years for him to finish his commitment to the Navy.
NBA Elo Player Rating. 56th (overall) as of Oct 1, 2015, 10:43AM. February 1, 1977: Traded by the Indiana Pacers (as a future 1977 1st round draft pick) with Darnell Hillman to the New York Nets for John Williamson. June 10, 1977: Drafted by the New York Nets in the 1st round (7th pick) of the 1977 NBA Draft.