espn.com 1 day ago URGENCY: 7/10

Miami Heat Waive Terry Rozier Amid Betting Scandal

The Miami Heat have waived Terry Rozier following his involvement in an illegal sports betting investigation.

Miami Heat Waive Terry Rozier Amid Betting Scandal

The Miami Heat have waived guard Terry Rozier, a move that allows the team to open a roster spot for the upcoming playoffs following Rozier's legal troubles.

  • The Scandal: Rozier has been on leave since October due to his alleged involvement in a wide-ranging illegal sports betting conspiracy.
  • Legal Status: Rozier has pleaded not guilty to charges of wire fraud and money laundering.
  • Trade Fallout: The original trade that brought Rozier to Miami has faced intense scrutiny, leading to compensation adjustments between the Heat and the Hornets.
  • Roster Impact: Miami is now free to pursue new talent for their playoff push.

Why it matters: This situation represents an unprecedented challenge for the NBA, highlighting the severe risks associated with the intersection of professional sports and illegal gambling.