Thursday, May 21, 2026
    More
    Law

    Read the Terry Rozier ‘NBA Insider Trading’ Indictment

    The indictment alleges Damon Jones used inside information about LeBron James’s health.

    By
    Oct 23, 2025 | 12:28 pm
    UPDATED Oct 23, 2025 | 04:35 pm
    LeBron James
    Jerome Miron-Imagn Images

    Federal prosecutors alleged Thursday that Heat guard Terry Rozier and former NBA player and coach Damon Jones were key cogs in a scheme funneling inside information to gamblers in an illegal plot netting millions of dollars.

    FBI director Kash Patel called it “the insider trading saga for the NBA” at a press conference in Brooklyn on Thursday morning.

    The indictment alleges, among other things, that Jones bet using inside information about a player who would miss games with an injury while on the Lakers. The player is not named in the indictment but is clearly LeBron James: “a prominent NBA player” on the Lakers in 2022–23 while Jones was “an unofficial assistant coach” for the team.

    Representatives for James and the Lakers declined to comment. You can read the entire 23-page indictment below.

    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
    by

    Fever Get Warning, No Fine Over Caitlin Clark Injury Report
    A WNBA source confirmed that they were not fined.
    Dec 21, 2024; Austin, Texas, USA; A view of the CFP logo and SEC logo before the game between the Texas Longhorns and the Clemson Tigers in the CFP National Playoff First Round at Darrell K Royal-Texas Memorial Stadium. Mandatory Credit: Jerome Miron-Imagn Images
    by

    SEC Holds Cards to 24-Team College Football Playoff
    CFP expansion will be a major topic at the SEC spring meetings.
    U.S. Senator Richard Blumenthal (D-CT) speaks with the press after the Republican-controlled U.S. House of Representatives passed bipartisan legislation to fund Department of Homeland Security agencies including the Secret Service and Transportation Security Administration in a move to end the partial shutdown that has gripped their operations for nearly 11 weeks, on Capitol Hill in Washington, D.C., U.S., April 30, 2026.
    by

    Critics Warn Kalshi and Polymarket Risk a Juul-Style Reckoning
    Their advertising methods came under fire from lawmakers this week.
    by

    Caitlin Clark’s Late Scratch Sparks WNBA Injury Report Questions
    The Fever said she woke up with back soreness ahead of Wednesday’s game.

    Featured Today
    by

    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).
    Bart Swings/Falyn Fonoimoana/Avery Poppinga
    May 14, 2026

    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.

    More in Law
    Mar 16, 2025; Chester, Pennsylvania, USA; Competitive eater Joey Chestnut entertains fans during the game between the Philadelphia Union and Nashville SC at Subaru Park.
    by

    Nathan’s Hot Dog Contest Won’t Punish Chestnut After Guilty Plea
    Chestnut was charged for misdemeanor battery at an Indiana bar.
    May 18, 2026

    Nike Under Fire Amid Growing Wave of Tariff Refund Lawsuits
    Adidas and Lululemon also face proposed class actions from consumers.
    May 19, 2026

    Brian Flores Subpoenas Dozens of Teams As NFL Lawsuit Grows
    The Vikings assistant is now seeking records from 31 teams.
    Sponsored

    Mark Cuban Peels Back the Curtain
    Mark Cuban discusses sports ownership, the rise of NIL, and the evolving media landscape.
    May 14, 2026

    Tennis Lawsuit Sparks Courtroom Fight Over Grand Slam Credentials
    Wimbledon and the French Open denied credentials to the PTPA.
    May 11, 2026

    NBA Cut Out Middleman From Lucrative Emirates Deal: Lawsuit
    The NBA denies it had an agreement with Paul Edalat.
    Mar 9, 2026; Tuscaloosa, AL, USA; Bowlero has rebranded itself as Lucky Strike. It is in the same location new to the mall on McFarland Blvd.
    May 7, 2026

    Lawsuit Claims Lucky Strike Built Bowling Monopoly
    The company has allegedly caused bowling prices to triple in some cases.
    Oct 8, 2025; Phoenix, Arizona, USA; Professional boxer Floyd Mayweather attends the game between the Las Vegas Aces and the Phoenix Mercury for game three of the 2025 WNBA Finals at PHX Arena.
    May 6, 2026

    Floyd Mayweather Jr. Calls Off $100M Legal Fight With Business Insider
    The boxer voluntarily dismissed his lawsuit.