Charlotte Hornets Give Miami Heat Draft Pick Over Terry Rozier Trade Dispute

The Charlotte Hornets will send a second-round draft pick to the Miami Heat as compensation related to their 2024 Terry Rozier trade. The settlement addresses disputes over Rozier's federal gambling charges and his absence from the Heat this season.

The Miami Heat will receive a second-round draft selection from the Charlotte Hornets as additional compensation stemming from their Terry Rozier trade dispute two years ago.

Charlotte will transfer the better of either Golden State’s or Denver’s second-round picks to Miami. League general managers learned of this arrangement on Monday, which resolves disagreements about Rozier’s trade circumstances and his current federal gambling case.

Rozier remains under contract with Miami for this final season but hasn’t played since the team’s season opener in Orlando last October. Federal authorities arrested him the following day on charges of providing non-public information about his playing availability to assist gamblers.

NBA Commissioner Adam Silver described Rozier’s situation in December as “an unprecedented situation” while noting the player occupies $26.6 million in Heat salary cap space this season. Silver stated the league was working “to try to work something through, work this out with them.”

Silver’s objective was achieving “satisfactory relief,” which ultimately resulted in the second-round pick settlement. Both organizations declined to provide immediate statements.

Miami obtained Rozier from Charlotte on January 23, 2024, trading Kyle Lowry and a 2027 first-round selection that Miami must still deliver. The NBA had previously identified suspicious prop betting patterns around Rozier’s performance during a March 2023 Charlotte game against New Orleans, with sportsbooks flagging the activity that same afternoon. However, the league’s investigation at that time found no grounds to prevent him from participating.

During that March 23, 2023 contest, Rozier started for Charlotte and performed adequately in his 9½ minutes, recording five points, four rebounds, two assists and one steal. This marked just one of two occasions in his career achieving those statistical benchmarks in an opening quarter.

Rozier left that game citing foot discomfort and never returned. Bettors who wagered against his prop bet lines won their wagers.

Charlotte has not disclosed whether they knew about any federal investigations into Rozier’s actions during that period.

Miami was not informed about the federal investigation details when completing the trade. The Heat likely would not have proceeded with the transaction if they had known about potential criminal charges.

Throughout his career with Boston, Charlotte, and Miami, Rozier has maintained a 13.9 points per game average. He participated in 95 games wearing a Heat uniform.