If you’re like I am, you probably have heard of the Ted Stepien Rule but know little about the man or the rationale for the rule. As an owner of the Cleveland Cavaliers in the 1980s, Stepien made numerous boneheaded trades. In all, the incompetent owner traded away five early first-round picks from the 1982-86 drafts (used to select James Worthy, Sam Perkins, Derek Harper, Roy Tarpley, and Detlef Schrempf) without getting anyone of value in return. His seemingly irrational decisions decimated the team. In response, the NBA enacted a rule prohibiting any team from trading away first round picks in consecutive drafts. Ergo, the Ted Stepien Rule.
On a percentage basis, The Adventures of Pluto Nash (2002) ranks as Hollywood’s all-time biggest flop. Specifically, the movie lost 96% of its production budget based on a measly $7 million in ticket sales. Its inflation-adjusted loss of $143 million only trails the $184 million loss realized by #3 Bust: Cutthroat Island. Despite having a smaller financial loss on an absolute basis, Pluto Nash ranks as a higher bust in my countdown. First, it had the potential draw of one-time superstar Eddie Murphy. Second, critics absolutely hated it. With a Metacritic score of 12 and Rotten Tomatoes score of 5%, the former SNL star’s movie had the worst critical reviews of any Top 10 Bust.
Prior to the 2006 draft, the NBA and the NBPA (National Basketball Players Association) agreed to modify draft requirements such that eligible players now need to be at least 19 years old and one year removed from high school. Since most top players currently play college basketball for only one year before declaring for the draft, the requirement has become known as The One-and-Done Rule. This post explores the impetus for the rule change based on the underachievement of certain players who were drafted directly out of high school. While it’s certainly reasonable to declare these underachievers as busts, I fault the teams for their unreasonable expectations of these unproven players. As such, I have established an exemption for players who wouldn’t have met the new eligibility requirements. As the first “None-and-Done” player to fail in the league, Jonathan Bender gets the naming rights. At the same time, #1 overall pick Kwame Brown deserves an assist because he exposed the problem as being worthy of a rule change.