The 1972 Olympic men's basketball final was one of the most controversial events in Olympic history and was the first ever loss for Team USA since the sport began Olympic play in 1936. The United States team won the previous seven gold medals and was favored to win another in Munich at the 1972 Summer Olympics. The team convincingly won its first eight games of the tournament putting its overall Olympic record at 63–0 and setting up a final against the Soviet Union. The Soviets won the game by a single point, making the winning basket as time expired and igniting vociferous American objections questioning the legitimacy of the final play.
The Soviet team had led the scoring until the last seconds of the game, with the USA team reducing the gap but trailing 49–48 in the waning seconds of the contest. American guard Doug Collins stole a Soviet pass at halfcourt and was fouled hard by Zurab Sakandelidze as he drove toward the basket, being knocked down into the basket stanchion. With three seconds remaining on the game clock, Collins was awarded two free throws and sank the first to tie the score at 49. Just as Collins lifted the ball to begin his shooting motion in attempting the second free throw, the horn from the scorer's table sounded, marking the beginning of a chain of events that left the game's final three seconds mired in controversy. Although the unexpected sound of the horn caused lead referee Renato Righetto to turn away from the free throw attempt and look over to the scorer's table, play was not stopped. Collins never broke his shooting motion and continued with his second free throw, scoring to put the U.S. ahead by a score of 50–49.
Immediately following Collins' second free throw, with the ball then being a "live" ball under the rules at that time, Soviet assistant coach Sergei Bashkin charged out of the team's designated bench area to the scorer's table. He asserted that head coach Vladimir Kondrashin had called for a time-out, which should have been awarded prior to the second free throw, but that it had not been granted to them. Since a time-out could not legally be called after the second free throw, however, the Soviet players had to immediately inbound the live ball without a pre-planned play for the final three seconds. Alzhan Zharmukhamedov inbounded the ball to Sergey Belov, who began to dribble up the sideline, but the disturbance at the scorer's table led Righetto to stop play just as Belov approached mid-court. The game clock was stopped with one second remaining.