Miami Heat guard Terry Rozier is facing serious federal charges linked to sports betting. He pleaded not guilty to charges of wire fraud and money laundering conspiracy. These charges relate to allegations that he helped gamblers place bets on his performance in NBA games. Rozier’s arraignment was held in federal court in Brooklyn. After the arraignment, he was released on a $3 million bond, which was secured by his home in Florida and another property. His case also played a role in a recent NCAA decision regarding athletes, staff, and sports betting. The allegations suggest that Rozier worked with friends to help them win bets on his performance in March 2023, when he was playing for the Charlotte Hornets. Prosecutors claim Rozier faked an injury during a game to leave early, which allowed his friends to place bets knowing he would play less. This allegedly involved bets totaling over $200,000, with some winnings reportedly shared with Rozier. He’s facing specific charges of conspiracy to commit wire fraud
