Facing federal wire fraud and money laundering conspiracy charges for his alleged role in an illegal sports gambling scheme, Miami Heat guard Terry Rozier pleaded not guilty in federal court Monday in New York.
Rozier, 31, was released on a $3 million bond. Rozier’s co-defendant, Deniro Laster, also appeared in court and pleaded not guilty. He was released on $50,000 bond. He and Rozier were arrested in October in connection with a federal investigation into illicit gambling.
In an indictment from the U.S. Justice Department, Rozier was accused of tipping off Laster that he planned to leave a game for the Charlotte Hornets game early by feigning an injury. Laster and other conspirators then used that knowledge to “place and direct more than $200,000 in wagers predicting Rozier’s ‘under’ statistics (i.e., that Rozier would underperform).”
The NBA had previously investigated suspicious prop bets placed on Rozier’s unders in 2023 but did not find evidence he had violated league rules. The league placed Rozier on leave following the indictment and his arrest.
An investigation into Rozier has been underway since a March 23, 2023, game when Rozier played for the Hornets. Sportsbooks reported unusual betting activities on prop bets — all on the under — in a game Rozier left after 10 minutes, claiming a foot injury.
The indictment alleges Rozier made it known to associates that he would depart the game early, and more than $200,000 was wagered on the under, with a share of the winnings given to Rozier.
With the next status update on the case set for March 3, Rozier’s lawyer, Jim Trusty, told reporters he plans to file a motion for dismissal Tuesday. Evan Corcoran, Laster’s lawyer, said he would likely do the same for his client.
Trusty went on to say that he will meet with the NBA in an arbitration hearing on Dec. 17, per The Athletic, to contest that Rozier’s leave is unpaid. The guard was placed on unpaid leave by the league one week after he was arrested, which caused the National Basketball Players Association to file a grievance with the league.
Rozier entered the league as a first-round draft pick of the Boston Celtics in 2015. He is playing this season on the final year of a four-year, $96.3 million deal he signed with the Hornets and has $160.4 million in career earnings, according to Spotrac.
