Augustus "Gus" Bailey (February 18, 1951 in Gibson, North Carolina – November 28, 1988) was an American Basketball player.

He played collegiately for the University of Texas at El Paso.

He was selected by the Houston Rockets in the 2nd round (23rd pick overall) of the 1974 NBA Draft.

He played for the Rockets (1974-76), New Orleans Jazz (1976-79) and Washington Bullets (1979-80) in the NBA for 147 games.

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