NBA star Terry Rozier pleaded not guilty in court and was released on $3 million bail in Brooklyn.
The decision to allow the basketball player to be released on bail shows parity with other NBA alumni implicated in a recent betting and money laundering case that has rocked the sports world.
Rozier pleads not guilty
As we’ve seen, Miami Heat guard Terry Rozier, Portland Trail Blazers coach Chauncey Billups and former NBA star Damon Jones have all been arrested as part of a Justice Department and FBI investigation.
Jones was also released on bail, denying conspiracy charges in the two main gambling and match-fixing cases. His family used their home as collateral for his bail appeal.
Former NBA player and assistant coach Damon Jones arrived in court today to plead not guilty to charges related to illegal gambling and poker.
Jones’ parents put up their Houston home as collateral to help the 49-year-old get out of jail on $200,000 bail.pic.twitter.com/UsaCvltx9q
– Evan Sidery (@esidery) November 6, 2025
Today, Rozier appeared in the U.S. District Court for the Eastern District of New York to publicly deny the allegations against him.
The official name of the case, United States v. Deniro Laster and Terry Rozier, alleges that the Heat player disclosed non-public information in conjunction with acts of fraud.
This inside information revolved around his health and his status as a player. Punters then used this to capitalize on gambling markets, which were unaware of the knowledge before the games and lineups were released.
Following the leak of this information, Rozier then allegedly participated in a scheme to move and conceal the proceeds of the betting windfall.
Federal charges against Rozier
The two federal charges against Rozier are conspiracy to commit wire fraud and conspiracy to commit money laundering. Each faces a prison sentence of 20 years, but that can vary depending on the terms of agreements with authorities, such as plea deals.
The NBA has released information, alongside officials from each game, under the legal and betting spotlight. In Rozier’s case, the March 2023 game between the Charlotte Hornets and Atlanta Hawks highlights the allegations targeting the guard.
Rozier reportedly planned to leave court early and informed three of his alleged accomplices. Rozier allegedly left the game in the ninth minute, and this “confidential information enabling the placing and directing of over $200,000 in bets” would net the cabal tens of thousands of dollars.
Following these allegations, the NBA would issue a new statement, suspending the salaries of Portland coach Billups and Rozier of the Miami Heat.
The following was released by the NBA. pic.twitter.com/vJ4bL2JwiC
-NBA Communications (@NBAPR) October 23, 2025
The Heat star’s procedural hearing has been set for March 3, 2026, but other players in the legal drama could impact that date.
Image posted: Keith Allison via Wikicommons / CC By-Sa
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