Miami Heat waive Terry Rozier, the last official act of a season derailed by federal gambling charges

Cable News Network
The Miami Heat waived Terry Rozier following federal gambling charges, a procedural move to free up a roster spot.

Summary

The Miami Heat waived Terry Rozier on Friday, a move expected as they prepare for the postseason. Rozier faced federal charges related to a gambling operation, accused of providing information to influence bets on his stats during a 2023 game with the Charlotte Hornets. He was arrested in October and placed on leave by the NBA, but 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. Despite remaining on the roster in name, Rozier had limited contact with the team since his arrest, and the NBA had previously investigated unusual betting activity surrounding a game he played in 2023, but found no reason to suspend him at that time.

(Source:Cable News Network)

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