NBA Miami Heat guard Terry Rozier was arraigned and pleaded not guilty to charges of wire fraud and money laundering; he was released on bail secured by a $3 million property.

2025-12-09

On December 8th, local time, Miami Heat guard Terry Rozier of the National Basketball Association (NBA) appeared in federal court in New York for his arraignment regarding his arrest by the FBI in late October for alleged involvement in illegal sports betting and casino poker gambling. He was charged with federal wire fraud and money laundering conspiracy and pleaded not guilty in court. (Previous report: FBI investigation reveals shocking gambling case: NBA star involved in gambling ring with four major mafia families, LeBron James "caught in the crossfire" and included in the investigation)
It is reported that Rozier was released on $3 million bail, secured by his property in Florida. Co-defendant and Rozier's friend, DeNiro Rust, also pleaded not guilty and was released on $50,000 bail, guaranteed by his mother and others.
On that day, Rozier and Rust appeared in court together. During the arraignment, they sat at adjacent tables. Later, they sat at the same table with four other defendants in the case, with Rozier sitting only one seat away from former NBA player and assistant coach Damon Jones.
On the afternoon of December 8th, Rozier's legal case continued in Brooklyn Federal Court, where his lawyer, Trusty, requested an expedited trial to resolve the charges brought by federal prosecutors in late October as soon as possible.
It is understood that after his arrest in October, Rozier was placed on unpaid administrative leave by the NBA and prohibited from being near the Heat team. The players' union has filed a grievance with the league regarding this. An arbitration hearing is expected later this month, focusing on why Rozier's leave was unpaid. Rozier's scheduled salary for this season was $26.6 million, the final year of his four-year, $96.3 million contract. The federal judge overseeing the case clearly stated that Rozier's NBA-related matters would not affect the trial timeline. Prosecutors allege that Rozier, while playing for the Charlotte Hornets, told Rust that he would be leaving a game early in March 2023. The indictment alleges that Rust then sold this inside information to two sports bettors, who placed bets based on the information and further disseminated it within a betting ring.
According to reports, Rozier, Rust, Jones, and three other defendants will appear in court again on March 3rd of next year, when the judge will hear updates on the case.
The U.S. Assistant Attorney handling the case stated that the prosecution is about to hand over evidence to the defense. The first batch of documents is expected to exceed 1,000 pages, with a data volume exceeding 55GB, including bank records, call records, betting records, and payment transactions between the defendants. He noted that after the exchange of evidence is completed, the prosecution expects to begin negotiations with some of the defendants regarding possible plea agreements.

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