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The 1992 United States men's Olympic basketball team, nicknamed the "Dream Team", was the first American Olympic team to feature active NBA players. Described by American journalists as the greatest sports team ever assembled, and called by the Naismith Memorial Basketball Hall of Fame "the greatest collection of basketball talent on the planet", it defeated its opponents by an average of almost 44 points en route to the gold medal against Croatia at the 1992 Summer Olympics held in Barcelona. Chuck Daly served as coach, assisted by Lenny Wilkens, P. J. Carlesimo, and Mike Krzyzewski.
At the 1988 Summer Olympics in Seoul, the United States national basketball team, made up of college stars, finished in third place. The defeat increased calls for professionals to play in the Olympics. Borislav Stanković of FIBA had for years advocated for this, and the organization agreed in April 1989 despite American and Russian votes against the proposal. USA Basketball asked the NBA to supply players for its 1992 roster; the league was initially unenthusiastic, not foreseeing the cultural phenomenon that the team would become. Sports Illustrated was the first to nickname the forthcoming American roster as the "Dream Team", on the cover of its February 18, 1991 issue. So many corporate sponsors, such as McDonald's, Coca-Cola, and Kellogg, wished to use the team with the marketable name in their advertising that some were rejected.
The first ten players for the team were officially selected on September 21, 1991: Michael Jordan and Scottie Pippen of the Chicago Bulls, John Stockton and Karl Malone of the Utah Jazz, Magic Johnson of the Los Angeles Lakers, Larry Bird of the Boston Celtics, Patrick Ewing of the New York Knicks, Chris Mullin of the Golden State Warriors, David Robinson of the San Antonio Spurs, and Charles Barkley of the Philadelphia 76ers. Most of the players were at or near the peaks of their NBA careers. Bird had back trouble, but was selected due to the team's historic nature. Robinson had played with the 1988 Olympic team, and was eager to earn a gold medal at Barcelona. Johnson was retained despite his retirement from the Lakers in November 1991 due to having tested positive for HIV. His teammates expected Johnson to die from the disease, and he later described his selection for the Olympics as "almost like a life saver", evidence that he could still overcome the illness and live a productive life. Ewing, Jordan, and Mullin had won gold at the 1984 games but Malone had not made the team, and was determined to succeed in his second chance.
Clyde Drexler of the Portland Trail Blazers and Isiah Thomas of the Detroit Pistons were the candidates for the final professional roster spot. Drexler was added to the team on May 12, 1992 with Christian Laettner of Duke University. Laettner was the only player without any professional experience, and was chosen over Louisiana State University's Shaquille O'Neal for the final spot on the roster. There was speculation that Thomas was not part of the team because Michael Jordan would only participate if Thomas was not there. In the book Dream Team, author Jack McCallum quotes Jordan as saying, "Rod, I don’t want to play if Isiah Thomas is on the team," to then Team USA selection committee member Rod Thorn. 
Jordan refused Daly's suggestion that he serve as the public face of the team, and Bird and Johnson were selected as co-captains.
A team of NCAA all-stars scrimmaged with the professionals. USA Basketball selected college players whose play, it hoped, would resemble that of the Europeans the Dream Team would face. Members included the penetrating guard Bobby Hurley, the all-around players Grant Hill and Penny Hardaway, the outside shooter Allan Houston, and the tough Chris Webber and Eric Montross. In late June 1992 the Dream Team first met together in La Jolla, California, astounding and intimidating the collegians who watched the professionals practice. On June 24, the Dream Team lost to the all-stars 62–54, however, after underestimating the opposition. Daly intentionally limited Jordan's playing time and made non-optimal substitutions; Krzyzewski later said that the head coach "threw the game" to teach the NBA players that they could be beaten. The teams played again the following day, with the Olympians winning decisively in the rematch. Some of the college players visited Jordan's hotel room afterward and asked their hero for his personal items as souvenirs.
|“||I look to my right, there's Michael Jordan ... I look to my left, there's Charles Barkley or Larry Bird ... I didn't know who to throw the ball to!||”|
The Dream Team made its international debut on June 28, 1992, at the Tournament of the Americas, an Olympic qualifying event in Portland, Oregon. The team defeated Cuba 136–57, prompting Cuban coach Miguel Calderón Gómez to say, "You can't cover the sun with your finger." Marv Albert, who announced the game, recalled that "it was as if [the Americans] were playing a high school team, or grade school team. They were so overwhelming ... a blowout after blowout". The Cubans were the first of many opponents who were more interested in taking photos with the Americans than playing them. The next five games were also easy victories for Team USA, who ended the tournament on July 5, 1992, with a 127–80 victory over Venezuela.
The team trained for the Olympics in Monaco for six days, practicing two hours a day and playing exhibition games against other national teams, and also enjoying the nude beaches, Monte Carlo's casinos, and dining with royalty. There was no curfew; as coach Daly stated, "I'm not putting in a curfew because I'd have to adhere to it, and Jimmy'z [a noted Monte Carlo nightclub] doesn't open until midnight." In one training session the group divided into two teams, Blue (led by Johnson, with Barkley, Robinson, Mullin, and Laettner) and White (led by Jordan, with Malone, Ewing, Pippen, and Bird), Clyde Drexler and John Stockton did not play as both were nursing injuries. Daly told the teams to play "All you got now. All you got." White won, 40 to 36, in what Jordan recalled as "the best game I was ever in" and Sports Illustrated later called "the Greatest Game Nobody Ever Saw".
|“||This is my security.||”|
—Barkley, holding up his fists
At the Olympics, the Dream Team stayed at a luxury Barcelona hotel instead of the Olympic Village due to security concerns. Fans enthusiastically greeted the Americans; they gathered outside the hotel, hoping to see their favorite players. "It was like Elvis and the Beatles put together," Daly said. Opposing basketball players and athletes from other sports often asked to have photographs taken with the players. Barkley recalled, however, that the team received death threats:
In our hotel, you had to have a picture ID to get in there, and we went to the pool on the roof of the hotel, there was like 10 guys standing around with Uzis. So it was kind of funny, it was like: Girl in bikini; dude with an Uzi; girl in bikini; guy with Uzi. People thought we didn't want to stay in the Olympic Village because we wanted to be big shots, but it was because we were getting death threats. They had told us this would be considered great by one of these terrorist groups if they could take out the Dream Team.
Barkley walked around the city alone despite the threats. When asked where his bodyguards were, he held up his fists and answered, "This is my security." McCallum later described Barkley as "the number one U.S. Olympic ambassador" for his visits to La Rambla, where he met with adoring crowds.
Jordan was the only player who studied the opposition, carefully watching game tapes. He and the other Americans enjoyed the opportunity to get to know each other in a casual setting, often playing cards all night and, for Jordan, playing several rounds of golf daily with little rest. Opposing teams were nonetheless overwhelmed by the talent of the American roster, losing by an average of 43.8 points per game. The Dream Team was the first to score more than 100 points in every game. Its 117.3 average was more than 15 points more than the 1960 US team. Johnson later recalled, "I look to my right, there's Michael Jordan ... I look to my left, there's Charles Barkley or Larry Bird ... I didn't know who to throw the ball to!" Herlander Coimbra of Angola, the Dream Team's first opponent, recalled that "those guys were on another level—a galaxy far, far away". Albert believed that the Americans used the Angola match, which they won 116-48—including a flagrant foul elbowing by Barkley after scoring a basket—to warn the other teams in the tournament. Daly started Jordan in every game, and Johnson started in five of the six games he played, missing two games because of knee problems. Pippen, Mullin, Robinson, Ewing, Malone and Barkley rotated in the other starting spots. Barkley was the Dream Team's leading scorer during the Olympics, averaging 18.0 points per game, although the player selection committee had been unsure of his inclusion, worried that he would not represent the United States well.
The closest of the eight matches was Team USA's 117–85 victory in the gold medal game, a rematch against Croatia, participating as an independent nation in the Olympics for the first time since its separation from the former Yugoslavia; the Dream Team was briefly behind 25-23 in the first half, but by the end of the game Stockton agreed to a Croatian player's plea to not shoot. Pippen and Jordan aggressively sought the opportunity to guard Toni Kukoč of Croatia. He had just signed a contract with the Bulls for more money than Pippen, who believed that the team's negotiation with the Croatian had delayed his own contract. Tiring of hearing about Kukoč's talent, Pippen and Jordan agreed to, as Jordan later said, "not ... let this guy do anything against us." He told Johnson before the first Croatia game "I'm serious tonight", causing Johnson to reply "Uh oh." McCallum described the two Bulls as "rabid dogs" against the inexperienced Croatian. Croatia had lost to the Dream Team 103–70 in their first game. The only team besides Croatia to hold the margin under 40 points was Puerto Rico, which lost 115-77 in the quarterfinals.
Sports Illustrated later stated that the Dream Team was "arguably the most dominant squad ever assembled in any sport" and compared it to "Johnny Cash at Folsom Prison, the Allman Brothers at the Fillmore East, Santana at Woodstock." The team was elected to the Naismith Memorial Basketball Hall of Fame in 2010. Barkley later said, "I don't think there's anything better to representing your country. I don't think anything in my life can come close to that." Bird called the medal ceremony and the playing of The Star-Spangled Banner "the ultimate" experience. Johnson said, "The 92 Dream Team was the greatest moment of my life in terms of basketball, bar none." Jordan said that the biggest benefit for him from the Olympics was that he learned more about his teammates' weaknesses. He later defeated Barkley, Malone, and Stockton in three NBA finals. As of 2013, 11 of the 12 players on the roster (all except Laettner) and three of the four coaches (all except Carlesimo) have been elected to the Hall of Fame.
Global interest in basketball soared due to the Dream Team. International Olympic Committee head Juan Antonio Samaranch stated that "the most important aspect of the [Barcelona] Games has been the resounding success of the basketball tournament, as we've witnessed the best basketball in the world." Subsequently, the number of international players in the NBA rose. On opening day of the 1991–92 season, NBA rosters included 23 international players from 18 countries. At the start of the 2011–12 season, there were 74 players from 35 countries.
Kobe Bryant and LeBron James said they believed their 2012 Olympic team would win against the Dream Team. Bryant said, "[T]hey were a lot older, at kind of the end of their careers. We have just a bunch of young racehorses, guys that are eager to compete." Barkley said that he "just started laughing" upon hearing Bryant's comment and that the Dream Team would win by double digits. Jordan added, "For [Bryant] to compare those two teams is not one of the smarter things he ever could have done... Remember now, they learned from us. We didn't learn from them." Bird joked, "They probably could. I haven't played in 20 years and we're all old now."
|USA Basketball Men's National Team roster|
|Game||Date||USA Points||Opponent Points||Opponent||Point differential|
|1||June 28, 1992||136||57||Cuba||79|
|2||June 29, 1992||105||61||Canada||44|
|3||June 30, 1992||112||52||Panama||60|
|4||July 1, 1992||128||87||Argentina||41|
|5||July 3, 1992||119||81||Puerto Rico||38|
|6||July 5, 1992||127||80|| Venezuela|
(Gold medal game)
|Game||USA Points||Opponent Points||Opponent||Point differential|
(Gold medal match)