Friday, May 15, 2026

Terry Rozier, Chauncey Billups Arrested in FBI Gambling Probes

The Billups arrest was for his involvement in with a rigged poker game run by organized crime, prosecutors said Thursday.

Eastern District of New York

The FBI arrested Heat guard Terry Rozier, Trail Blazers head coach Chauncey Billups, and former NBA player Damon Jones on Thursday morning as part of a federal probe into illegal gambling.

Rozier and Jones were accused of being part of an NBA gambling scheme that relied on them providing inside information on the league. FBI director Kash Patel called it “the insider trading saga for the NBA” at a Thursday morning law enforcement press conference in Brooklyn.

“Terry Rozier and Chauncey Billups are being placed on immediate leave from their teams, and we will continue to cooperate with the relevant authorities,” the NBA said in a statement Thursday morning. “We take these allegations with the utmost seriousness, and the integrity of our game remains our top priority.” Portland assistant Tiago Splitter will coach the team in Billups’s absence, ESPN reported.

Rozier and other defendants in the NBA scheme were charged with conspiracy to commit bank and wire fraud, New York police commissioner Jessica Tisch said Thursday morning.

Billups was charged in a separate indictment alleging his role in a rigged poker game run by organized crime. The illegal poker scheme lured players to games using celebrities like Billups, prosecutors said, and then used “advanced wireless technologies” including “rigged shuffling machines” to guarantee profits to New York’s “Italian crime families.”

Patel said Thursday morning that two separate cases involved “tens of millions of dollars” of theft and fraud. At least 31 people were in custody Thursday, a spokesperson for the Eastern District of New York said.

U.S. assistant attorney Joseph Nocella called the scheme for which Rozier and Jones were arrested “one of the most brazen sports corruption schemes since online sports betting became widely legalized in the United States.” Jones was charged in both separate indictments, prosecutors said.

The investigation also involves former Raptors forward Jontay Porter, whom the NBA banned for life in April 2024 after he “disclosed confidential information about his own health status” to a bettor. Porter is scheduled to be sentenced in December.

NBA veteran guard Malik Beasley, who played for the Pistons last year, is also considered a “subject” in the federal investigation. The operators of the Rozier-Jones ring are accused of threatening Porter.

Rozier has been linked to the gambling probe since January, when The Wall Street Journal reported he was under investigation for alleged point-shaving.

Rozier was still eligible to play for the Heat despite the federal investigation. He is in the final year of a four-year, $96 million contract he signed with the Hornets in 2021 and was set to make $26.6 million this season. Nicknamed “Scary Terry” for his playoff performances, Rozier is entering his 11th NBA season and is a valuable rotation player. He has averaged 13.9 points per game on 42% shooting in his career overall and has made more than $160 million in salary. 

Billups began his fifth season as the Blazers coach Wednesday night and agreed to a multiyear extension with Portland this spring. Rozier sat out the Heat’s season opener Wednesday. Jones played in the NBA between 1999 and 2009 and spent three seasons as a Cavaliers assistant coach from 2016 to 2018.

In March 2023, the NBA was alerted to unusual betting on Rozier’s performance in two games that season, when he was playing for the Hornets. Tisch referred to the March 2023 game Thursday morning, saying Rozier deliberately removed himself from a game to make sure bettors could profit from the under on his prop bets for that game.

“The integrity of the game is paramount to NBA players, but so is the presumption of innocence, and both are hindered when player popularity is misused to gain attention,” the NBA’s players’ union said in a statement to FOS. “We will ensure our members are protected and afforded their due process rights through this process.”

The NBA conducted its own investigation and cleared Rozier of any wrongdoing, but his attorney, Jim Trusty, told Front Office Sports in an email in July that he had yet to be cleared by the federal government

“Federal investigations can take years to complete, and the government rarely lets the subject of an investigation know whether or not they have been cleared of allegations of wrongdoing,” Trusty wrote to FOS at the time. 

—Colin Salao contributed reporting.

This field is for validation purposes and should be left unchanged.

Sign up for
The Memo Newsletter

Get the biggest stories and best analysis on the business of sports delivered to your inbox twice every weekday and twice on weekends.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

May 14, 2026; Newtown Square, Pennsylvania, USA; Emiliano Grillo plays his shot on the tenth hole during the first round of the PGA Championship golf tournament at Aronimink Golf Club. Mandatory Credit: James Lang-Imagn Images

Can CBS Regain Its Golf Mojo After Masters Disaster?

All eyes will be on CBS following its issues in Augusta.
Jan 17, 2026; Denver, CO, USA; Buffalo Bills quarterback Josh Allen (17) runs against Denver Broncos linebacker Karene Reid (47) during the second quarter of an AFC Divisional Round playoff game at Empower Field at Mile High.

NFL Schedule Leans Further Into Holidays, Streaming Expansion

The upcoming slate features several notable changes from 2025.

NFL Rivalries Are Made on the Field, Mocked in Schedule Release Videos

Every year, teams find new ways to one-up themselves (and their rivals).
May 13, 2006; Washington, D.C, USA; FILE PHOTO; Houston Comets at Washington Mystics -- Houston forward Sheryl Swoopes brings the ball up court.

Houston WNBA Team Expects to Keep Comets Name

The Connecticut Sun will move to Houston in 2027.

Featured Today

Bart Swings/Falyn Fonoimoana/Avery Poppinga

OnlyFans Is Paying Pro Athletes What Their Sports Won’t

The adult-content platform is a reliable income source for niche athletes.
May 13, 2026

How Sports Graphic Designers Are Grappling With the Rise of AI Art

The release of ChatGPT 2.0 Images sparked a conversation among sports designers.
May 12, 2026

Collectible Cups Are Sending Sports Fans Into a Frenzy

The drink is secondary to the wild vessel it comes in.
Matt Palumb
May 8, 2026

Pro Lacrosse’s Top Ref Is As Famous As the Players

The last celebrity referee is in the Premier Lacrosse League.
exclusive

Polymarket’s Soccer Spree Continues With Serie A Deal

It’s the third big soccer deal Polymarket has reached this year.
May 8, 2026

DraftKings, FanDuel Push Further Into Prediction Markets

“It’s one of our fastest to profitability business lines we’ve ever launched.”
Kalshi's logo is displayed on a smartphone placed on a reflective surface onto which a betting curve is projected in Creteil, France, on March 9, 2026, during a major scandal and a $54 million lawsuit concerning bets related to recent strikes in Iran. (Photo by Samuel Boivin/NurPhoto)NO USE FRANCE
May 13, 2026

N.M. Tribes Claim Kalshi Sports Markets Violate Federal Law

The suit cites the same law a Wisconsin judge said tribes can pursue claims over.
Sponsored

What Is It Like to Run the Knicks?

Dave Checketts on his time running the Knicks & Jazz, Jordan war stories, and his investment strategy across major sports leagues.
FanDuel
May 6, 2026

FanDuel CEO Pushed Out After Five Years Amid Stock Slump

Shares of Flutter, FanDuel’s parent company, are down more than 50% this year.
Dave Checketts
May 6, 2026

Former Knicks Pres: Leagues, Sportsbooks Have Gotten Too Cozy

“I’m not sure that’s a good thing, this coziness that we’ve established.”
In this photo illustration, a mobile device displays the Kalshi logo while a laptop displays the webpage of the prediction market platform in Copenhagen, Denmark, on February 10, 2026. (Photo by Kristian Tuxen Ladegaard Berg/NurPhoto)
May 4, 2026

Leagues Weigh In on Future Prediction Market Regulation

Safeguarding integrity and protecting consumers were common themes.
The sun rises on the backside as horses work with their riders at Churchill Downs during Kentucky Derby week. April 30, 2026
May 1, 2026

Prediction Markets Finally Found a Sport They Can’t Offer

Here’s why you won’t see the Kentucky Derby on Kalshi or Polymarket.