Augustus "Gus" Bailey (February 18, 1951 – November 28, 1988) was an American basketball player.
Born in Gibson, North Carolina, Bailey 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 and by the San Diego Conquistadors in the second round of the 1974 ABA Draft.
He played for the Rockets (1974–76), New Orleans Jazz (1976–79) and Washington Bullets (1979–80) in the NBA for 147 games.
Bailey was found dead in his New Orleans apartment on November 28, 1988 with multiple stab wounds. According to police, he had gotten into a heated argument with a woman who lived with him and she stabbed him repeatedly in the chest.