Quote:
Originally Posted by Nevadaref
I don't care for this alteration because it contradicts the principle* that a player cannot travel when he/she isn't holding the ball as the rule says--"while holding the ball..." 
*with the one exception being the case book play concerning circumventing the rule about getting up from the floor with the ball, 4.44.5 Situation B
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It is also a travel to jump in the air with the ball (IE: jump shot) then drop it to the floor and retrieve.
So your assertion is not true.