Chauncey Billups

Trail Blazers head coach Chauncey Billups and Heat guard Terry Rozier were arrested Thursday morning in connection with a federal investigation into illegal gambling, according to multiple reports, including Tom Winter of NBC News.

Fantasy Impact

According to senior law enforcement officials, Billups' arrest is not connected to any games he coached. Rozier's arrest is reportedly linked to an investigation stemming from his time with the Charlotte Hornets. The Department of Justice is scheduled to hold a press conference on Thursday at 10 AM ET to provide further details on the investigation. This is a developing story with significant potential consequences for both individuals and potentially others in the league.