The Miami Heat will waive guard Terry Rozier on Friday due to his ongoing legal issues stemming from a federal indictment related to illegal sports betting. Rozier was placed on leave by the NBA after being arrested on October 23, 2023, and has pleaded not guilty to charges of conspiracy, wire fraud, and money laundering. His $26.6 million salary is currently held in escrow while his case is pending. Rozier was traded to Miami from the Charlotte Hornets in January 2024, a move that has raised questions about whether the Heat were informed of the investigations prior to the trade. The Hornets agreed to send a second-round pick in the upcoming NBA draft to Miami to settle the dispute over the trade. This situation has drawn significant attention, with NBA Commissioner Adam Silver labeling it an 'unprecedented situation' during a press conference at the NBA Cup in Las Vegas in December.