The Russian basketball federation posted a letter on its website saying it’s been suspended by FIBA due to its management issues, which could impact its Rio 2016 Olympic qualification hopes. The letter, signed by FIBA officials, said Russia can attempt to have its ban lifted at a FIBA meeting Aug. 8-9. That is crucial, given the European Olympic men’s basketball qualifying tournament is in September.
The NBA has fined Dallas Mavericks owner Mark Cuban $25,000 for publicly confirming the team’s upcoming free-agent deals with DeAndre Jordan and Wesley Matthews, league spokesman Tim Frank said Tuesday, confirming an ESPN.com report. Sources said the Mavericks were informed of the fine Tuesday. Teams and players are allowed to strike verbal agreements on new contracts during the league’s annual moratorium period in early July while the league’s salary cap and luxury tax figures are being calculated for the coming season, but team officials are not allowed to openly discuss those deals.
The 76ers were ordered to pay the New Orleans Pelicans $3 million by the NBA last season for not fully disclosing Jrue Holiday’s injury history before he was traded two years ago, according to two sources. The Sixers traded Holiday, an all-star point guard, to the Pelicans on the night of the 2013 NBA draft for the rights to Nerlens Noel, the sixth overall pick that year.