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.
30 - Mike Schmidt was drafted by the Philadelphia Phillies in the second round of the 1971 Major League Baseball Draft with the 30th overall pick - click the 1971 dDraft to see the 29 players taken before Schmitty.