Damon Jones, who played 11 NBA seasons and served as a Cleveland Cavaliers assistant coach from 2016-18, is set to plead guilty to sports gambling charges that were brought forth by the Department of Justice last fall, according tomultiplereports Thursday citing a court filing.
Jones reportedly requested a change-of-plea hearing for one of the two illegal gambling cases he’s involved in, both of which the FBI uncovered in October 2025 from a probe that resulted in more than 30 arrests.
Jones is also facing charges in another DOJ illegal gambling case. He and Pro Basketball Hall of Famer Chauncey Billups, currently on leave from his post as Portland Trail Blazers head coach, are alleged to have helped legitimize illegal poker games by luring unknowing players into a scheme backed by the Mafia.
But the charges Jones is reportedly set to plead guilty to stem from the much smaller insider information case that features only six defendants, now-former Miami Heat guard Terry Rozier among them.
Jones initially pleaded not guilty in both cases. Rozier, who is still on leave from the NBA but was waived by the Heat earlier this month, also pleaded not guilty in the insider information case after being charged with conspiracy to commit wire fraud and money laundering.
Prior to a March 2023 game, in which he played a mere nine minutes and change for the Charlotte Hornets due to a foot injury, Rozier is alleged to have shared inside information about his early exit, allegedly leading to his co-conspirator bettors wagering more than $200,000 on his under prop bets.
Federal prosecutors reportedly said that Jones used an ad-hoc affiliation with the Los Angeles Lakers to compile non-public information about player statuses he could sell to bettors, who are co-defendants in the case.
Jones was LeBron James’ personal shooting coach at the time, according to The Athletic. On Feb. 9, 2023, the day of a game between the Lakers and the Milwaukee Bucks, Jones allegedly texted an unnamed co-conspirator, saying, “Get a big bet on Milwaukee tonight before the information is out! [Player 3] is out tonight. Bet enough so Djones can eat,” per ABC News.
Although that player’s identity hasn’t been disclosed publicly, it is believed to be James, who didn’t play that night. The Lakers lost 115-106.
Prosecutors reportedly said Jones’ attempts to sell insider information about players date back to as early as December 2022.
Jones is the first defendant in the insider information illegal gambling case to signal that he’ll plead guilty, according to ABC News, which reported that his change-of-plea hearing has been scheduled for April 28. A lawyer representing Jones confirmed that he intends to change his plea, per The Athletic.