Based on my (limited) knowledge of grammar, I would have to agree with you. However, the opposing view would hold that at the end of regulation, technically (no pun intended), they lose whatever timeouts they still had but then are "granted" an amount equal to that for the extra period, therefore the use of the term "at least" would be accurate.
However, I would hold that since the extra period is considered an extension of the 4th quarter (all fouls, team fouls, timeouts, etc. carry over), then the already earned timeouts (if any) would not be "granted" for the extra period but do actually "carry over", making the term "at least" inaccurate.
Bottom line - don't expect the NF rule book (or tests, for that matter) to be a shining example of grammar and proper sentence structure.
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Yom HaShoah
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