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With Michael Jordan intimating in 1994 that he would pass on the opportunity to participate in his third Olympic Games (previously in 1984 and 1992 (the "Dream Team")) to let others get their chance at a gold medal, USA Basketball officials sought to construct the team dubbed Dream Team III (Dream Team II was the moniker of the lesser-known 1994 FIBA World Championship team) with a winning combination of veteran players from the 1992 Dream Team that won the gold medal in Barcelona and some of the league's best young talent.
The first ten players of the 1996 United States Men's national basketball team roster were announced in the summer of 1995, featuring young talent, and first-time Olympians, included the likes of Penny Hardaway, Grant Hill, Shaquille O'Neal, and Gary Payton, who was added as a replacement for an injured Glenn Robinson. Other veteran players who were first-time Olympians were Reggie Miller and Hakeem Olajuwon. Mitch Richmond, along with Charles Barkley, were added in April 1996 completing the roster as the eleventh and twelfth members. Thus, the holdovers from the 1992 Olympic Team, Karl Malone, Scottie Pippen, David Robinson, John Stockton, and Charles Barkley, coupled with the first-time Olympians and 1988 Olympian Mitch Richmond formed the 1996 United States Men's Olympic basketball team roster.
United States men's national basketball team – 1996 Summer Olympics roster
Rhoden, William C. (July 23, 1996). "Sports of The Times;Competitors Without a Competition". The New York Times. Archived from the original on January 24, 2011. Retrieved February 14, 2017. WAGERS were being taken on how badly Dream Team III would route Angola last night in Game 2 of its gold-medal tour.