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NBA Lays Out Gambling Plan, Seeks a Percentage of Bets

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In what could end up being a seminal moment for sports gambling in America, the NBA on Wednesday formally requested a set of laws that could be the basis for professional sports leagues pushing for national legalized wagering on games.

Dan Spillane, an attorney for the NBA, testified in front of a New York State Senate committee and for the first time made it clear what the league’s price would be to become a partner in legalizing the multibillion-dollar industry. The NBA wants 1 percent of every bet made on its games in addition to other regulations, a request that could create massive revenue for the NBA and other sports leagues in the future.

Source: Brian Windhorst of ESPN

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Sources: 76ers Rejected Suns’ Trade Offer for TJ McConnell

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The Phoenix Suns approached the Sixers in recent weeks about acquiring [TJ] McConnell in a trade, according to several league sources. The Suns offered a second-round pick and the Sixers declined the offer.

In desperate need of a point guard, Phoenix reportedly also expressed interest in Patrick Beverly of the Los Angeles Clippers,  Cory Joseph of the Indiana Pacers and Spencer Dinwiddie of the Brooklyn Nets.

Source: Keith Pompey of The Philadelphia Inquirer

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Report: Nuggets, Michael Malone Agree to Contract Extension

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We have agreed to a contract extension with Head Coach Michael Malone.

Source: Denver Nuggets on Twitter

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Sources: Pelicans Claim Tim Frazier Off Waivers

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Sources on @TheAthleticNBA @WatchStadium: The New Orleans Pelicans have claimed guard Tim Frazier off waivers. Frazier was waived by Milwaukee on Monday.

Source: Shams Charania on Twitter

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