Terry Rozier must forfeit most of his $26 million NBA salary, arbitrator rules
NBC News • • sports
Key Points:
- NBA free agent Terry Rozier was found by an arbitrator to have violated his contract with the Miami Heat, resulting in him forfeiting most of his $26.6 million salary for the 2025-26 season due to his alleged involvement in a sports gambling scheme.
- Rozier's pretrial release conditions barred him from contacting members of both the Miami Heat and Charlotte Hornets, which the arbitrator ruled as breaching his contractual obligations to the Heat.
- Rozier's attorney has requested the court to remove the Charlotte Hornets from the no-contact list to allow Rozier to participate in the NBA free agency process, arguing that the restriction severely limits his ability to sign with any team.
- Rozier faces multiple federal charges including conspiracy to commit wire fraud, money laundering, sports bribery, and honest services wire fraud conspiracy, with allegations that he accepted a $100,000 bribe to tip off bettors about his planned early exit from a game.
- Rozier has pleaded not guilty to all charges and is scheduled for arraignment on the new charges next week.