Great write-up by Erik Bernhardsson, CTO of Better, here: https://erikbern.com/2020/01/13/how-to-hire-smarter-than-the....
The naive conclusion would be that height has nothing to do with basketball ability. The real answer is that markets are efficient and are already correcting one important feature against other predictors. Steph Curry wouldn't even be in the NBA if had the shooting ability of Gheorghe Mureșan.
I would say that height is an advantage up to a certain point in basketball, but tall people are not especially rare. Within the market of basketball players, you can find tall people who also have other skills, sometimes you find short people (Steph Curry) who have exceptional skills.