NBA basketball legend Kareem Abdul-Jabbar revealed today that he has Philadelphia chromosome-positive chronic myeloid leukemia. Abdul-Jabbar was diagnosed in December 2008 and currently undergoing treatment for this rare form of leukemia.

Magic Johnson has a new book coming out When the Game was Ours, and former teammate Isiah Thomas is not happy with what's in Johnson's book. Isiah Thomas told SI.com that he is "really hurt" over criticisms levied by Magic Johnson in a new book chronicling the careers of Johnson and Larry Bird. References to Thomas appear on at least 26 pages of the book, which Johnson and Bird wrote with author Jackie MacMullan.

Charlotte Bobcats' Coach Larry Brown has a little less change in his pocket today. He was fined $60,000 by the NBA for his actions during Monday night's preseason game.

The NBA will announce its social media policy this week, according ESPN news sources. According to these sources, the soon to be released policy is to be "very minimal" and "less stringent" than the social media rules put in place with the NFL when it comes to the use of Twitter and other social networks.

Mikhail Prokhorov, 43-year old rich Russian billionaire, and most eligible bachelor, bought himself a basketball team. The New Jersey Nets will be moving to Brooklyn, NY in the near future.

NBA star and Cleveland Cavalier guard Delonte West was arrested on Thursday on gun possession charges. Delonte West was arrested after officers stopped him for speeding on I-95 in Upper Marlboro, Maryland and found him to be in possession of three loaded firearms, including two handguns and a shotgun which was stored inside a guitar case that was strapped to his back like he was El Mariachi.

Michael Jordan has picked David Thompson, former NBA basketball player and North Carolina State Star, for his NBA Hall of Fame induction ceremony.

Now this is funny. NBA player Richard Jefferson, recently traded from the New Jersey Nets to the San Antonio Spurs, also broke off his engagement to former Nets dancer Kesha Ni'Cole Nichols at the same time. Thing is, he didn't tell his guests.

Kobe Bryant has long played under the enormous shadow of Shaquille O'Neil. Tonight, however, he stepped out of that shadow to lead his Los Angeles Lakers to not only a victory but the NBA title as Los Angeles Lakers became the winners against the game with Orlando Magic

In what could be bad news for ABC's telecasts of the NBA finals, the LA Lakers took the first game of the NBA finals over the Orlando Magic, crushing them 100 - 75.

You can bet the NBA wanted to see the marquee matchup in the finals, but it's not to be: no Kobe vs. LeBron. No, Cavs Magic Game 6 is over, and the Cavs are out, as the Orlando Magic enter the NBA finals for the first time in 14 years.

In an effort to prevent teams from "tanking" games to get a better position in the NBA draft, the NBA introduced a lottery system in 1985. The lottery uses ping pong balls with a weighting system such that the 250 worst team has a 25.0% chance of receiving the #1 pick. This still leads to tanking, some say. The NBA draft lottery 2009 was held on Tuesday night and the results are already out.