The Charlotte Hornets just sent an additional second-round draft pick to the Miami Heat for a trade involving Terry Rozier from over two years ago.
Charlotte sent Rozier to the Heat in January 2024 in exchange for veteran guard Kyle Lowry and a protected first-round pick. Rozier, however, was put under investigation by the league as well as federal investigation for his alleged role in a gambling ring.
Advertisement
In October 2025, he was arrested by the FBI and placed on indefinite leave by the NBA. He pleaded not guilty to conspiracy charges of wire fraud and money laundering.
More: Why was Terry Rozier arrested by the FBI?
The league began its investigation into Rozier midway through the 2023-24 campaign, per Miami Herald.
According to ESPN’s Shams Charania, it’s “unclear who was aware” that Rozier was under investigation.
The Heat, as reported by Lorenzo Reyes, maintain they had no idea (via USA TODAY):
“The Heat had no knowledge about the suspicious betting activity raised in March 2023 by integrity monitoring services, nor did the Heat have knowledge about the subsequent federal investigation into Rozier until both became public in January 2025, two people close to the matter told USA TODAY Sports on Friday, Oct. 24.
The people spoke under condition of anonymity because they were not authorized to publicly discuss details of the matter.”
While teams are required to disclose medical information when agreeing to a trade, adding details about investigations is not written anywhere in the rulebook as this is unprecedented.
Advertisement
NBA commissioner Adam Silver told reporters he planned to look into providing “satisfactory relief” for Miami because they traded for a player who is ineligible to play.
So that is how, two years after the deal was completed, the Heat received a second-round draft pick from the Hornets.
This article originally appeared on For The Win: Why the Heat just got a draft pick from Terry Rozier trade 2 years ago