On This Date 8/29/1974

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Moses Malone stuns the basketball world by signing a five-year contract worth $1 million to play for the Utah Stars in the ABA. The Stars selected Malone in the third round of the ABA draft out of Petersburg High School in Virginia. Moses Malone had committed to Maryland but chose to turn professional, becoming the first player to go from High School to the pros in professional basketball.

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