Why call traveling? It's the NBE.

[Adam]

Originally Posted by just another ref

It is not necessary for a player to be holding the ball in order to have a held ball.

Good point, just re-read the def of held ball.
The rest of my post still stands. Are you suggesting that the rules committee wants the player to be able to stand while pinning it to the floor but not while releasing it ?

This seems to be to be the epitome of "advantage not intended by the rules."

Pinning it either has to be holding it or setting it on the floor. Either way, by rule, it's illegal (in this context).