Another reason there may be a delay is that in basketball, the time keeper is right there court side and can hear every whistle (and as noted before, it always stops on a whistle).
In the press box (not positive) but you probably cant hear the whistles too too well. Also, you have to look at seven different officials to see one of them giving the "stop the clock" signal, which is not always where the ball is (like on a penalty), which would cause a couple seconds to run off.
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