In 1974, Jose Luis Sánchez Erauskin, former player and founder of the club, took over the club's presidency. The team incorporated young players such as Manu Moreno, Kepa Segurola, Luis María Junguitu, Carlos Salinas and José Antonio Querejeta. The signing star was the American Ray Price who became in the top scorer of the competition. In the 1975–76 season, the humble team starred in two surprising wins, managed to impose 70–69 to FC Barcelona in home game and Joventut in a road game 76–78. In Badalona, the Joventut fans ended up cheering the great match. In the 1976–77 season, the president José Luis Sánchez Erauskin along with his board, made the decision to change the V by B, in the name of the club, becoming Club Deportivo Basconia and adopting the colors of the Ikurriña as the headlines. The equipment became green with red and white letters, instead of the usual blue and maroon. Pepe Laso combined his position as head coach with the Spanish coach and Iñaki Garaialde and Txema Capetillo joined the team.