Irving, who will play in his first All-Star game on Sunday, started 7 for 7 in the final round and finished with 23 points — two shy of the record shared by Craig Hodges and Jason Kapono. Bonner finished with 20 points in the final round.
Players had one minute to take 25 3-point shots from five positions around the arc. Bonner had the highest score of the six players in the first round (19). Irving, who also played in Friday night's Rising Stars Challenge, had 18 points in the first round.
Earlier, Portland rookie Damian Lillard won the Skills Competition and the trio of Chris Bosh, Swin Cash and Dominique Wilkins won the Shooting Stars event.
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