Musselman guided Venezuela to a runner-up (silver) finish at the 2012 FIBA Men's South American Championship, posting a 3-2 record. With the second-place finish, Venezuela advanced to the 2013 FIBA Americas Championship, qualifier to the 2014 FIBA World Championship. The team went 1-1 in the 2012 FIBA Olympic qualifying tournament, defeating the Nigeria national team, the team that ultimately advanced to the 2012 Summer Olympics. Venezuela was also 3-1 in friendly games and won the 2012 Super 4 in Puerto la Cruz, Venezuela.