Miami Heat guard Terry Rozier pleaded not guilty on Dec. 8 to charges stemming from a sports betting case.
Rozier, who was arrested on Oct. 23, has been charged with conspiracy to commit wire fraud and conspiracy to commit money laundering. He was released on a $3 million bond.
On March 23, 2023, the Charlotte Hornets, Rozier’s team at the time, were playing the New Orleans Pelicans. According to the indictment, Rozier allegedly informed co-defendant Deniro Laster that he was going to remove himself from the game early due to a supposed injury and not return.
This, the indictment alleged, was to allow Laster to place wagers based on the non-public information that Rozier would underperform. Laster, in turn, allegedly sold this information to multiple co-conspirators and financially benefited from their fraudulent winnings. Co-defendant Shane Hennen allegedly placed a $61,200 bet on Rozier’s unders. Other conspirators allegedly placed similar bets….