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Terry Rozier Pleads Not Guilty in Federal Bet‑Rigging Case

The plea in Brooklyn follows an indictment alleging insider tips to rig wagers on his game performance.

Overview

  • Rozier entered a not guilty plea to wire fraud and money laundering conspiracy charges in U.S. District Court for the Eastern District of New York.
  • Prosecutors allege he told associates he would leave a March 23, 2023 Hornets game early, enabling bets that he would finish under projected stats, as part of a scheme running from late 2022 to early 2024.
  • The case is one strand of a broad FBI and EDNY investigation with more than 30 arrests and alleged Mafia links that has also charged Damon Jones and Chauncey Billups, who have pleaded not guilty in related matters.
  • The Miami Heat have kept Rozier on unpaid leave with his $26.6 million salary held in escrow, with payment contingent on the outcome of the federal probe as reported by team and league coverage.
  • League officials have not ruled on whether his expiring deal can be used in trades; reporting indicates the NBA will address it only if a concrete trade is presented, as the Heat weigh options ahead of the Dec. 15 trade-eligibility and Jan. 7 guarantee dates.