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 2022-2023 while Jones was “an unofficial assistant coach” for the team.
A representative for James declined to comment. You can read the entire 23-page indictment below.