Heat guard Terry Rozier has been arrested by the FBI as a result of a federal investigation into illegal sports betting, according to investigative reporter and podcaster Pablo Torre (Twitter link).
Joseph Nocella Jr., the U.S. Attorney for the Eastern District of New York, will be joined by officials from the FBI, Homeland Security, and New York City police for a press conference on Thursday at approximately 10:00 am Eastern time to discuss the latest developments in the probe into illegal sports betting and poker games, including numerous arrests.
Word broke back in January that federal prosecutors in New York were investigating Rozier as part of a probe into illegal sports betting. Investigators were specifically looking at a game that took place on March 23, 2023, when the veteran guard was still a member of the Hornets.
Ahead of that game, one bettor reportedly placed 30 wagers in 46 minutes on the “unders” on Rozier-related prop bets at a casino in Biloxi, Mississippi, raising alarms about potential suspicious activity. At the same time, there was a rush on multiple sportsbooks in New Orleans of under bets on Rozier props. Sportsbooks and the NBA were alerted, and some books stopped taking bets related to Rozier’s performance that day.
After recording five points, four rebounds and two assists in 9:34 of action in the first quarter, Rozier exited the game during a timeout and didn’t return, citing a foot issue. All 30 of those “under” prop bets won as a result of the abbreviated outing, and Rozier didn’t play the final eight games of the 2022/23 season due to the injury.
ESPN’s Shams Charania said during a TV appearance in June that Rozier had been “cleared, as of right now.” However, subsequent reporting indicated that wasn’t accurate, and that investigators were still looking at the 31-year-old, even if he wasn’t the specific target of the probe.
Rozier was permitted to continue playing for the Heat last season while the investigation was ongoing, but he had one of the worst years of his career, averaging 10.6 points, 3.7 rebounds, and 2.6 assists in 25.9 minutes per game across 64 outings while shooting just 39.1% from the floor and 29.5% from beyond the three-point line. He didn’t see any action in Miami’s season opener on Wednesday.
Free agent sharpshooter Malik Beasley was under investigation as part of the same federal probe, but there has been no indication yet that he has either been arrested or cleared. If he were to be cleared by investigators – and by the NBA – Beasley would immediately become the most popular target on the free agent market.