August 1
From Hoopedia
- 1936 - (Right) The first Olympic men's basketball competition tips off in Berlin. Twenty-two countries send teams.
- 1950 - North Carolina Tar Heels coach Roy Williams is born in Marion, North Carolina.
- 1958 - UCLA and NBA star Kiki Vandeweghe is born in Weisbaden, West Germany.
- 1991 - The NBA team salary cap is set at $12.5 million. (By 2005-06 the cap had reached $49.5 million.)
