Name: Damon Jones pleads not guilty in NBA gambling probe
Uploaded: 2025-11-06T22:10:30.766Z
Duration: 1 min 58 s
Description: Former NBA player and assistant coach Damon Jones pleaded not guilty to fraud and money laundering charges on Thursday (November 6).

Former NBA player and assistant coach Damon Jones pleaded not guilty to fraud and money laundering charges on Thursday (November 6).

Damon Jones, a former NBA player and assistant coach, has pleaded not guilty to charges of wire fraud conspiracy and money laundering conspiracy following his arrest in an FBI crackdown on illegal gambling. Jones is accused of providing confidential game day information, including injury status and player availability, to an organized gambling ring. 

He was released on a $200,000 bond, with his next court appearance scheduled for November 24th alongside Portland Trailblazers head coach Chauncey Billups. The case involves 34 defendants in total, including other high-profile NBA figures, and is described as complex with alleged mafia connections. If convicted, the defendants face potential prison sentences and substantial fines.

Damon Jones pleads not guilty in NBA gambling probe

An arraignment hearing just wrapped up for former NBA player and assistant coach Damon Jones. Jones was arrested as part of the FBI's recent crackdown on illegal gambling. More than 30 people were arrested in the probe, including Chauncey Billups and the Miami Heat's Terry Rozier. CBS News national correspondent Meg Oliver is live in Brooklyn with more. So, Meg, what's come out of today's arraignment? Jules dressed in a suit but no tie and carrying an orange Gatorade bottle. Damon Jones entered court with a court-appointed lawyer for two arraignments. The 11-year NBA veteran, first as a player and then an assistant coach for the Cleveland Cavaliers, pleaded not guilty in both cases. He's charged with two counts wire fraud conspiracy and two counts money laundering conspiracy. He's accused of giving game day details to an organized gambling ring, tipping off injury status and player availability, including his former teammate on the Cavaliers, LeBron James. Now, Jones today was released on a $200,000 bond money he got from his parents signing over their house as surety. His next court date is November 24th with another high profile name in this scandal, the head coach of the Portland Trailblazers, Chauncey Billups. This is a complex case with alleged ties to the mafia. There are more than 30 defendants. If convicted, they are facing prison time and substantial fines. Jules? Yeah, very complicated. Meg, what comes next? Well, as we mentioned, there are more than 30 defendants, 34 in all. So these are going to be rolling court dates. We know that Chauncey Billups will be back here on November 24th. And then fast forward to December 8th, we are going to see Miami guard Terry Rozier appear as well. So we're going to see more high profile names come through here, and there's a lot to go through. Yeah, absolutely. Meg Oliver, Meg, thank you.

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