Former NBA player and assistant coach Damon Jones pleaded guilty Tuesday to two counts of conspiracy to commit wire fraud stemming from his involvement in an insider information betting scheme and rigged poker games.
Key Takeaways
- Jones admitted to providing inside information on injuries to a group of bettors.
- Jones helped lure high-end bettors to rigged poker games.
- Sentencing is scheduled for early next year.
Jones appeared at two hearings in a New York court, acknowledging he provided inside information “obtained as a result of my relationships as a former player,” according to The Associated Press. Federal prosecutors alleged in an October 2025 indictment that Jones provided a group of bettors with injury information pertaining to NBA stars LeBron James and Anthony Davis.
Jones admitted Tuesday that he used the nonpublic information to defraud sportsbooks and acknowledged that he violated the NBA’s code of conduct.
“I would like to sincerely apologize to the court, my family, my peers, and also the National Basketball Association,” Jones said in a read statement during his hearing.
Jones is scheduled to be sentenced Jan. 6, 2027, by two different judges. Sentencing guidelines could land Jones in prison for 21-to-27 months in the sports betting case and 48-to-63 months for the rigged poker game, per the AP. He’s also agreed to pay $73,000.
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Sports betting case
Jones initially pleaded not guilty but requested a change earlier this month. He was charged in the federal case that includes Terry Rozier, the former Miami Heat guard who is facing additional bribery charges, and nearly 30 other individuals.
Federal prosecutors say Jones told the bettors ahead of a Feb. 9, 2023, game between the Los Angeles Lakers and Milwaukee Bucks to “get a big bet on Milwaukee” before it was announced that James would miss the contest. Jones, who was an unofficial assistant coach with the Lakers, told the group to “bet enough” that he would get a portion of the proceeds.
“As alleged, the defendants turned professional basketball into a criminal betting operation, using private locker room and medical information to enrich themselves and cheat legitimate sportsbooks,” U.S. Attorney Joseph Nocella Jr. said in a statement last year. “This was a sophisticated conspiracy involving athletes, coaches, and intermediaries who exploited confidential information for profit.”
Jones was also paid $2,500 through a peer-to-peer financial app for injury information on Davis before a game in January 2024. Davis ultimately played, and coconspirator Marves Fairley requested his money back.
Rigged poker games
In his second Tuesday hearing, Jones admitted to using his NBA status to “lure high-end bettors” to a poker game in Miami and in the Hamptons, New York. Jones said he knew that the poker games were rigged and that players were being cheated.
“I’m really sorry to everyone involved for my actions,” Jones said.
More than 10 victims were allegedly cheated out of nearly $10 million from the rigged poker games, which were being run by the mob. Suspended Portland Trail Blazers head coach Chauncey Billups was also charged in the scheme.
Jones had also pleaded not guilty in this case before making the change Tuesday.
