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.
The draft took place January 28â29, 1969. The draft began with first overall pick of O. J. Simpson, the Heisman Trophy-winning running back from USC, by the American Football League's Buffalo Bills; ending with, the twenty-sixth pick in Round 17, number 442 overall, of Fred Zirkie Defensive Tackle from Duke University by the AFL's NY Jets. 1 Player selections 1.1 Round one.