While Playing in the NBA, Did Dave Bing Go to Work for the Same Bank That Turned Him Down for a Loan?
Here is the latest in a series of examinations into urban legends about basketball and whether they are true or false. Click here to view an archive of the basketball urban legends featured so far.
BASKETBALL URBAN LEGEND: While in the NBA, Dave Bing went to work for the same bank that denied him a mortgage for a house.
The NBA in the 1960s was a lot different than it is today, with one of the most important differences coming in the salary department. Players did not make nearly as much money then as they do now (even in context and with inflation taken into account).
However, even for the NBA of the 1960s, Dave Bing had a unique work ethic.
A star guard for the Detroit Pistons (he won the NBA Rookie of the Year in 1967), the future Basketball Hall of Famer attempted to get a mortgage for a home in 1968.
They turned him down, primarily because he had no credit history. What happened next was quite surprising…
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