Home / Sports / Rozier Faces Salary Forfeiture Amidst Betting Scheme Charges
Rozier Faces Salary Forfeiture Amidst Betting Scheme Charges
5 Jun
Summary
- Terry Rozier must forfeit most of his $26.6 million salary from last season.
- He awaits trial on federal charges related to an alleged NBA betting scheme.
- An arbitrator ruled Rozier breached contractual obligations to play for the Heat.
Terry Rozier, formerly of the Miami Heat, is expected to forfeit a significant portion of his $26.6 million salary from the recently concluded season. This development stems from an arbitrator's decision in late May 2026, which found that Rozier breached his contractual obligations to the Heat. Rozier is currently awaiting trial on federal charges related to his alleged involvement in an NBA betting scheme.
Despite being on the Heat's roster for most of the season, Rozier only attended one game before his arrest in October. The team had hoped to trade his expiring contract, but ultimately waived him in April. The arbitration ruling, made during the offseason, does not affect the Heat's financial standing.
Rozier faces charges including conspiracy to commit wire fraud and money laundering, with additional charges of sports bribery and honest services fraud filed recently. He has pleaded not guilty. His attorney argues that restrictions on contacting teams, including the Charlotte Hornets, will severely impact his chances of returning to the NBA as an unrestricted free agent on June 30, 2026.
