Miami Heat's Terry Rozier Faces Federal Charges Amid $8.2M IRS Lien
Miami Heat's Terry Rozier Faces Federal Charges Amid $8.2M IRS Lien

Miami Heat's Terry Rozier Faces Federal Charges Amid $8.2M IRS Lien

News summary

Miami Heat guard Terry Rozier is under federal investigation for allegedly participating in an illegal insider sports betting scheme where he reportedly informed a friend he would exit a game early, enabling profitable bets on his performance. Despite being placed on administrative leave by the NBA and charged with conspiracy to commit wire fraud and money laundering, Rozier will continue to receive his $26.6 million salary due to league rules. Concurrently, Rozier faced significant financial troubles, including an $8.2 million federal tax lien filed in 2023 by the IRS in Broward County, Florida, which his attorney claims has since been paid and is seeking release. The gambling investigation, dubbed "Operation Nothing But Net," implicated 34 defendants and revealed Rozier's friend sold insider information to bettors, leading to suspicious betting activity and payouts. Rozier's legal and financial difficulties extend beyond the gambling case, with additional liens related to property construction also reported. The NBA and law enforcement continue to investigate the case, maintaining Rozier and other implicated individuals on leave as the legal process unfolds.

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