"Rozier was placed on leave by the NBA since October after federal indictments into sports gambling activity, leading to his impending waiver by the Miami Heat."
"Rozier was arrested on October 23 as part of a federal investigation into illegal gambling, and he has pleaded not guilty to conspiracy charges of wire fraud and money laundering."
"His $26.6 million salary expires this summer, but the money has been placed in escrow while Rozier's case plays out, impacting the team's roster decisions."
The Miami Heat will waive guard Terry Rozier following his leave from the NBA due to federal indictments related to sports gambling. Rozier was arrested on October 23 as part of an investigation into illegal gambling activities. He has pleaded not guilty to conspiracy charges of wire fraud and money laundering. His $26.6 million salary is set to expire this summer, but the funds are currently in escrow while his legal case is ongoing. This move will allow Miami to sign a player for the playoffs.
Read at ESPN.com
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