It's worth noting that this announcement only concerns an ongoing NBA investigation, not legal proceedings. We don't yet know how long the league's investigation will take, so it is perhaps best to consider Taylor's time away from the Hornets as indefinite until more information is known. For now, it appears to be the case that he will not be with the team until at least that Oct. 8 court date.
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What is clear, though, is that the NBA and its teams do not want to repeat the mistakes of the NFL over the past weeks and months. While the NFL's insufficient response to the Ray Rice case has garnered the most attention, the league has had several other high-profile instances of mismanagement, including one involving the Hornets' neighbor Carolina Panthers in which star defensive end Greg Hardy was not kept off the field until Week 2 while appealing a conviction for domestic violence. In contrast, the Hornets waited less than two full days to bar Taylor from team activities. It's difficult to praise the NBA for the decision, though, because it's more likely that they are simply abiding by a new standard.
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It remains to be seen if commissioner Adam Silver will have to act further. Current NBA rules stipulate a minimum suspension of 10 games for a first conviction for a violent crime. Taylor has not been convicted, of course, but it would not be surprising to see Silver go well above that 10-game floor whenever he must suspend a player for a domestic violence conviction. The NFL's recent controversies appear to have changed the approaches of the rest of the sports world.