The National Basketball League (NBL) released the following statement from interim Chief Executive Officer Scott Derwin in response to the announcement by the Cairns Taipans that the club had been placed into voluntary administration.
“I received a call from Cairns Taipans majority owner, John O’Brien late last night informing us that he had placed the club into voluntary administration,” said Derwin.
“The decision to hand the club over to administrators has come as a shock to the League as it had received no previous indication from the Taipans that the club was experiencing extreme financial difficulties.
“There was also no prior indication from the club that it intended to take this course of action when the recent issues surrounding the Sydney Spirit were being addressed, which is disappointing.”
“The League understands that John O’Brien is acting in a responsible and ethical manner by appointing an administrator, choosing not to run the risk of trading while insolvent,” said Mr Derwin. “We are confident the appropriate administrator has been appointed to make sound business decisions regarding the financial viability of the club.
“I will be meeting with the administrator today to determine the extent of the club’s financial situation and to explore all possible options for the Taipans to continue to play in the NBL. However, it is the administrators, which will ultimately decide the future of the club.
“We remain hopeful that a way can be found for the club to play out the rest of the season.”
Derwin stated that the recent issues surrounding the financial viability of some NBL clubs highlighted why basketball in Australia was undergoing significant reform. “Basketball now has a unified national governing body to run the sport with a revised management structure focused on delivering strong commercial and community benefits for the sport.
“The need for greater accountability and commercial viability will see the introduction of a more stringent criteria for the ‘New NBL’, in terms of ownership guidelines and financial guarantees, when it is launched next season.”
Rose missed Monday’s practice after he needed 10 stitches to close a gash suffered when he said he rolled onto a knife while eating an apple in bed. “It was a silly incident,” Rose said. “I was cutting up some food and I laid on a knife getting lazy in bed. I went to go get a bottle of water, came back, forgot the knife was there, then sat down and sliced my arm. “I panicked when it first happened and called my trainer. It was painful but I should be alright.”
Milwaukee Bucks forward Malik Allen left yesterday’s game against the Lakers with a sprained rib and did not return. He is listed as day-to-day.
Minnesota Timberwolves owner Glen Taylor seems religiously devoted to Kevin McHale. This trend continues today as the 
Los Angeles Lakers rookie Sun Yue, also known as “the Chinese Magic Johnson” because he happens to be a tall point guard (and Chinese), got his first NBA regular season minutes late Sunday night in garbage-time as the Lakers were blowing out the Milwaukee Bucks.
The Globe and Mail (Michael Grange) report: One of the most accomplished players in Canadian basketball history, Jay Triano, 50, will make his debut as the Toronto Raptors’ bench boss tonight in Salt Lake against the Utah Jazz, becoming the first Canadian-born head coach in the NBA. Those in the NBA and elsewhere in the basketball community are optimistic about his chance to succeed. “I think he’ll be fantastic,” NBA star and fellow Canadian Steve Nash of the Phoenix Suns said. “He absolutely loves the game of basketball. He’s passionate, a workaholic, and the kind of coach guys love to be around. He’s got all the ingredients to be an NBA coach.” “He’s got extreme confidence, extreme knowledge of the game,” said Tony Ronzone, the Detroit Pistons’ director of basketball operations. “He can adjust to different styles of play. I’d think he’s going to be terrific.”
The Charlotte Observer (Rick Bonnell) reports: Charlotte Bobcats forward Sean May assembled a double-double, his first in 21 injury-filled months. That was the foremost of many surprises in a 103-97 victory against the Oklahoma City Thunder at Time Warner Cable Arena on Wednesday night. May’s conditioning was such a disappointment that after starting the opener he was shelved for several games. He’s worked his way back into the lineup, and finished with 10 points and 11 rebounds. May’s contribution wasn’t the biggest factor, but it was surely the most unexpected. “When I came out, Mike asked if I needed an oxygen mask,” May said of Jordan’s needling next to the team bench. “I said, ‘No, just give me a minute.’”