NBA, Rozier
Digest more
It's been a week since the federal government indicted Miami Heat guard Terry Rozier and Portland Trail Blazers coach Chauncey Billups as part of a two-pronged gambling investigation.
Rozier's salary — about $26.6 million this season, paid in installments — will be held in some sort of account pending resolution of the legal case, sources said.
Portland Trail Blazers head coach Chauncey Billups and Miami Heat guard Terry Rozier will reportedly not get paid while they are on leave from their NBA teams, according to ESPN's Shams Charania. The NBA will reportedly withhold Billups' and Rozier's paychecks and place them in escrow pending the outcome of the FBI cases, per Charania.
The NBA plans to put Rozier's salary in an escrow account until his legal issues are resolved (same with Portland's Chauncey Billups).
Rozier was arrested in connection with a sports betting ring that involves current and former NBA players trading inside, non-public information generally about injuries and illnesses. That information was allegedly distributed through a network of bettors who placed wagers worth hundreds of thousands of dollars.
7don MSN
Terry Rozier’s arrest leaves the Miami Heat stunned, and trying to figure out what happens next
The Miami Heat are dealing with the absence of Terry Rozier, who has been placed on indefinite leave by the NBA.
Court documents in Florida show Heat G Terry Rozier, recently indicted in gambling probe, was also facing $8 million tax lien in 2023, ESPN reports.
The NBA was rocked by the news that Chauncey Billups and Terry Rozier were arrested last week as part of two separate federal investigations into gambling rings .
Terry Rozier’s lawyer, Jim Trusty, defended the NBA star against gambling charges, claiming the government partnered with “horrific people" to build its case.
Terry Rozier is persona non grata in the NBA at the moment, on account of being arrested as part of a widespread federal investigation into gambling and sports betting. But that hasn't stopped Bill Simmons from firing up the trade machine.