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David Stern's Donaghy news conference transcript

Updated: July 24, 2007, 2:36 PM ET
Transcript provided by the NBA

Commissioner David Stern: Good morning. We're here today to discuss the ongoing investigation into certain allegations about NBA referee, Tim Donaghy.

What I propose to do is to tell you what our procedures are with respect to referees and gambling; what we can or cannot tell you and why there are certain things we can't tell you that might have made it easier not to have this press conference at this time, but we thought it was our obligation to have it; what previous actions we have known ...

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