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He is one of a handful of players to make high school All-America three times. He was named to the McDonald"s American team in 1977 and was the very first McDonald"s Classic Most Valuable Player. He scored a career high 53 points in his senior year at West Philadelphia high school and was voted the number one high school player of the year, along with Albert King. College and National Basketball Association years Banks was the sixth African American player in Duke"s history.
He also received team Most Valuable Player honors three times.
His Duke career is noteworthy in other regards as well. He was inducted into the prestigious Duke Sports Hall of Fame in 1994 and the Duke Hall of in 1996.
He was an National Collegiate Athletic Association two-time All-American during his tenure at Duke and finished in the top ten of almost every statistical category of Duke basketball. He went on to play six seasons in the National Basketball Association with the San Antonio Spurs and the Chicago Bulls.
He averaged 11.3 points per game spanning over 468 games in his professional National Basketball Association career.
He recorded his first National Basketball Association triple-double with the Chicago Bulls. Italian and Israeli leagues In the 1988-1989 season he played in Italy for Arimo Bologna. Between these stints, Banks played the 1989-1990 season with the Louisiana Crosse Catbirds of the Continental Basketball Association (College of Business Administration), averaging 15.3 points in 40 games.
In 2009, Gene Banks became an assistant coach with the Washington Wizards.
In 2012, Banks was reassigned from assistant coach with the Wizards to scout of the southern region of the eastern Atlantic Coast. He is credited with the development of such players as JaVale McGee, Andray Blatche and Kevin Seraphin.
Banks was inducted into the Duke Basketball Hall of Fame in 1994.
He went from Italy to continue his career as a member of the Maccabi Rishon Lezion basketball club in Israel. In 1993 he continued his play in Israel as a member of Hapoel Herzliya and took them to the Israeli Cup Championship game.