Story perspectives

Terry Rozier Posts Mansion for Bail Amid Fraud Charges

12/9/2025

Summary

Story summary

Terry Rozier, a guard for the Miami Heat, posted his Florida mansion as collateral for a $3 million bail after pleading not guilty to wire fraud and money laundering charges.
The charges involve alleged collusion with Deniro Laster to manipulate game performance information for betting gains.
Prosecutors are considering plea negotiations with Rozier and others, including former NBA player Damon Jones.
A second indictment charges ex-NBA stars Chauncey Billups and Damon Jones with involvement in rigged poker games linked to New York mob families.
If convicted, Rozier faces up to 20 years in prison.

History

Historical Context

In July 2007, the FBI revealed that NBA referee Tim Donaghy had bet on games he officiated during the 2005-06 and 2006-07 seasons. He pleaded guilty to federal charges and was sentenced to 15 months in prison in 2008. This scandal raised serious concerns about game integrity and led to reforms in NBA officiating practices, highlighting ongoing issues of corruption in professional sports.

1 of 2

Story summary

Terry Rozier, a guard for the Miami Heat, posted his Florida mansion as collateral for a $3 million bail after pleading not guilty to wire fraud and money laundering charges.
The charges involve alleged collusion with Deniro Laster to manipulate game performance information for betting gains.
Prosecutors are considering plea negotiations with Rozier and others, including former NBA player Damon Jones.
A second indictment charges ex-NBA stars Chauncey Billups and Damon Jones with involvement in rigged poker games linked to New York mob families.
If convicted, Rozier faces up to 20 years in prison.

1 / 2