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Originally Posted by Jay R
It means that they are under one minute in the 1st, 2nd and 3rd quarters or under two minutes in the last quarter. This is when the clock stops after a made field goal in NBA rules. I assume they use it as a reminder.
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This happened last night in the 4th quarter of the Jazz/Warrior game, just as the clock went under 2 minutes. I didn't know this was the rule as I rarely ever watch the NBA, but I just happened to catch this particular play as I was channel surfing.