Sources: Heat to waive embattled guard Terry Rozier

The Miami Heat will waive guard Terry Rozier on Friday, sources advised ESPN.

Rozier had been positioned on depart by the NBA since October after federal indictments into sports activities playing exercise.

Miami will open up a roster spot to signal a participant for the playoffs.

Rozier was arrested on Oct. 23 as part of a federal investigation into illegal gambling.

Rozier has pleaded not responsible to conspiracy fees of wire fraud and cash laundering. His $26.6 million wage expires this summer time, though the cash has been positioned in escrow whereas Rozier’s case performs out.

Rozier was traded from charlotte to Miami in January 2024, a deal that has come underneath scrutiny over whether or not the Heat ought to have been made conscious of NBA and federal investigations into the alleged playing conspiracy earlier than the commerce was accomplished.

The Hornets agreed to ship a second-round choose on this June’s NBA draft to Miami to resolve the dispute. Miami owes its 2027 first-round choose (lottery protected, which turns into an unprotected 2028 first if it does not convey) to Charlotte as a part of the deal.

Commissioner Adam Silver referred to as it an “unprecedented situation” in a information convention on the NBA Cup in Las Vegas in December.

ESPN’s Tim Bontemps contributed to this report.