In the three years of watching basketball since I started this thread I have come up with a few more:
2) Eliminate 10 sec rule to get to half court and eliminate backcourt violations. With a play clock now standard, these are obsolete rules. Offense can use the whole court just like in hockey, soccer, lacrosse, etc. Note: this replaces my original #2 in the opening post.
3) Held ball is a turnover. Last team to have possession loses the ball. Need to reward the team that played good defense.
4) Number of available timeouts is the same, but each team can only use 1 in the last minute. Gotta find a way to make the last minute play as close to the quality of the rest of the game and this is one idea I think could do that. Also makes the coach think a little bit about when best to use that one.
5) No consecutive timeouts during a dead ball by the same team. For example, you can't call timeout, see how the defense lines up, then call timeout again. Again, trying to make those last few minutes be of the same quality as the rest of the game.
6) Overtime team and individual statistics are not included in the official game statistics. Purpose of overtime is to find a winner as soon as possible, not to extend the total game concept. Retroactively go pull all overtime stats from the existing records. This applies to all sports, not just basketball.
7) Eliminate the ceremonial opening tip. Just give the ball side-out midcourt to the home team. Granted, I really don't care about this one that much. It just logically fits in with the rest of them.
8) Free Throws awarded for shooting fouls only. When fouled when not shooting, the fouled team gets an uncontested throw-in from midcourt into the backcourt. A third idea to make the last few minutes of the game play out with the same quality as the rest of the game. Plus, fouling someone when they are shooting takes away their opportunity to make their shot. So giving them freethrows is logical there. Fouling someone when not shooting only takes away their opportunity to continue their possession. So they should only get that possession restored, not uncontested opportunity for points. Disclaimer: This one has an opportunity to blow up in my face - may be scenarios where teams just foul continuously if game appears lost to them with no hope.