Lakers star Kobe Bryant was fined $100,000 by the NBA on Wednesday for a homophobic slur that commissioner David Stern called "offensive and inexcusable."

After receiving a technical foul during Tuesday's game against the Spurs, Bryant stormed to the bench, hit his seat before sitting down, threw a towel and then yelled "Bennie!" toward referee Bernie Adams. Bryant then leaned back and muttered a gay slur.

The New Jersey Nets have been fined $50,000 for minority partner Jay-Z’s postgame celebration with the Kentucky Wildcats following the school's Final Four clinching win over North Carolina.

Word circulated around the league Friday that an unnamed team -- which sources confirmed to ESPN.com is the Nets -- was fined for violating league rules that prohibit contact with players that still have remaining intercollegiate basketball eligibility.

The NBA's investigation, first reported by CBSSports.com, was triggered by a video showing Jay-Z visiting with various Kentucky players in their locker room at the Prudential Center in Newark, N.J., after the Wildcats' quarterfinal victory over North Carolina.