Post a Free Blog

Submit A Press Release

At CWEB, we are always looking to expand our network of strategic investors and partners. If you're interested in exploring investment opportunities or discussing potential partnerships and serious inquiries. Contact: jacque@cweb.com

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Filter by Categories
Action
Animation
Anime
ATP Tour (ATP)
Auto Racing
Baseball
Basketball
Boxing
Breaking News
Business
Business
Business Newsletter
Call of Duty (CALLOFDUTY)
Canadian Football League (CFL)
Car
Celebrity
Champions Tour (CHAMP)
Comedy
CONCACAF
Counter Strike Global Offensive (CSGO)
Crime
Dark Comedy
Defense of the Ancients (DOTA)
Documentary and Foreign
Drama
eSports
European Tour (EPGA)
Fashion
FIFA
FIFA Women’s World Cup (WWC)
FIFA World Cup (FIFA)
Fighting
Football
Formula 1 (F1)
Fortnite
Golf
Health
Hockey
Horror
IndyCar Series (INDY)
International Friendly (FRIENDLY)
Kids & Family
League of Legends (LOL)
LPGA
Madden
Major League Baseball (MLB)
Mixed Martial Arts (MMA)
MLS
Movie and Music
Movie Trailers
Music
Mystery
NASCAR Cup Series (NAS)
National Basketball Association (NBA)
National Football League (NFL)
National Hockey League (NHL)
National Women's Soccer (NWSL)
NBA Development League (NBAGL)
NBA2K
NCAA Baseball (NCAABBL)
NCAA Basketball (NCAAB)
NCAA Football (NCAAF)
NCAA Hockey (NCAAH)
Olympic Mens (OLYHKYM)
Other
Other Sports
Overwatch
PGA
Politics
Premier League (PREM)
Romance
Sci-Fi
Science
Soccer
Sports
Sports
Technology
Tennis
Thriller
Truck Series (TRUCK)
True Crime
Ultimate Fighting Championship (UFC)
US
Valorant
Western
Women’s National Basketball Association (WNBA)
Women’s NCAA Basketball (WNCAAB)
World
World Cup Qualifier (WORLDCUP)
WTA Tour (WTA)
Xfinity (XFT)
XFL
0
-- Advertisement --spot_img
HomeSportsBasketballGambler sentenced to 2 years in prison for NBA betting scandal

Gambler sentenced to 2 years in prison for NBA betting scandal

Add to Favorite
Added to Favorite


Gambler Timothy McCormack became the first person sentenced in the wide-ranging NBA gambling scheme that involves players Jontay Porter and Terry Rozier on Wednesday in New York.

McCormack, who used nonpublic information to place significant wagers on prop bets involving players implicated in the scheme, was sentenced to two years in prison for defrauding sports betting platforms.

Judge LaShann DeArcy Hall’s sentence was in between the four years the government was pushing for and the sentence with no prison time the defense desired.

“There is no question that this is a serious crime. … It is about sports generally, what do sports mean to this country?” DeArcy Hall said at the sentencing. “They are supposed to be the best of themselves, and we all root for these teams. This undermines that.”

McCormack, 38, placed bets based on insider information that Porter, then with the Toronto Raptors, and Rozier, then with the Charlotte Hornets, would leave certain games early.

“I’ve struggled with a gambling addiction for more than half my life,” McCormack said at his sentencing.

Porter has since been banned from the NBA for his role in the scheme and is awaiting sentencing after pleading guilty in 2024.

Rozier pleaded not guilty to wire fraud and money laundering conspiracy charges in December. He is out on $3 million bond and remains on unpaid leave from the Miami Heat, with his next court date set for March.

–Field Level Media

Subscribe to get Latest News Updates

Latest News

You may like more
more

NBA roundup: Knicks pummel Nets for historic 54-point win

Jalen Brunson scored 20 points Wednesday night for the...

Raptors claw back with huge 3rd quarter, then hold off Kings

A trio of Toronto players scored more than 20...

Shai Gilgeous-Alexander scores 40 as Thunder pound Bucks

Shai Gilgeous-Alexander scored 40 points, dished out 11 assists...

NFL News: Vikings DC Brian Flores signs contract but still head-coaching candidate

The Minnesota Vikings announced a contract extension on Wednesday...