Luol Deng made a 3-pointer with 10 seconds left to bring Great Britain within a point of Spain. Spain inbounded to Jose Calderon immediately following the three and he was able to dribble out the time remaining and give Spain the win.
Deng finished with 26 points, nine rebounds and eight assists for the host country which is now 0-3 so far in the Olympics.
Spain improved to 3-0 as Pau Gasol once again led the way with 17 points and four assists. Calderon scored 19 points and Marc Gasol chipped in with 12.
Serge Ibaka came off the bench to score five points to go with four rebounds and two blocks.
Deng got some help from teammate Joel Freeland who just recently signed a 3-year deal with the Portland Trailblazers. Freeland scored 25 points and had eight rebounds for Great Britain today.
A barrage of late threes by Great Britain in the final minutes kept hope alive for them until the final buzzer. Spain struggled from the perimeter on the other hand making just 4-of-17 in the game.
Spain also struggled from the free throw line going just 21-for-32.
Spain sits atop Pool B with a 3-0 record and will play Russia who is also 3-0 so far in their next game on Saturday.