Terry Rozier Puts $6 Million Home Up As Collateral For Federal Bond

Miami Heat guard Terry Rozier was forced to put his $6 million Florida home up as collateral for federal bond after being arrested by the FBI early Thursday morning on charges related to illegal sports gambling, per NBC News. He has been accused of providing inside information to NBA bettors in exchange for a portion of the profits.

Rozier was reportedly able to leave the Orlando courthouse on his own after agreeing to give up his home for bond. The judge ordered him to refrain from gambling entirely and ordered him to surrender his passport by Friday afternoon.

Portland Trail Blazers head coach Chauncey Billups also appeared in court on Thursday after being arrested in a separate but related case on charges pertaining to illegal poker games.

He was reportedly released as well, but the conditions of his release were not immediately made public.