NEW YORK, July 20, 2007 – NBA Commissioner David Stern has issued the following statement:

"As we previously stated, we have been cooperating with the FBI in their investigation of allegations that a single NBA referee bet on NBA games that he officiated. As part of that cooperation, we were asked by the Government not to comment about the investigation, but in light of the widespread press coverage and the naming of the referee, Tim Donaghy, we consider it appropriate to make a fuller statement.

"We would like to assure our fans that no amount of effort, time or personnel is being spared to assist in this investigation, to bring to justice an individual who has betrayed the most sacred trust in professional sports, and to take the necessary steps to protect against this ever happening again. We will have more to say at a press conference that will be scheduled for next week."