Miami Heat waive Terry Rozier after his arrest by federal authorities on gambling charges
Summary
The Miami Heat waived Terry Rozier on Friday after his arrest by federal authorities related to a gambling investigation. The move was expected and allows the team to sign another player before the postseason. Rozier was arrested after allegedly providing information to help people win bets on his stats during a 2023 game with the Charlotte Hornets. Despite being placed on leave by the NBA, Rozier continued to receive his $26.6 million salary, following an arbitrator's ruling. The Heat traded for Rozier in January 2024, unaware of the probe, and received a second-round draft pick from the Hornets to resolve issues related to undisclosed information. The NBA was previously aware of unusual betting activity surrounding Rozier's performance in a 2023 game but found no reason to suspend him at that time.
(Source:NBC News)