BREAKING: The Internal Revenue Service has just released a staggering $8.2 million tax lien against NBA veteran Terry Rozier, according to records obtained from the Broward County Courthouse. This urgent development follows Rozier’s recent arrest linked to conspiracy charges involving wire fraud and money laundering in a major gambling scandal.
The lien release was officially filed on October 29, 2023, just one day after ESPN broke the news about the lien itself. This incident comes amidst mounting legal troubles for Rozier, who faces serious allegations of sharing confidential game information to benefit illegal betting operations. He is scheduled for arraignment in federal court on December 8, 2023, in Brooklyn.
Rozier’s attorney, Jim Trusty, initially stated that his client owed only $9,000 in unpaid taxes, later revising that figure down to $3,000. Trusty claims that the lien resulted from an e-filing error, asserting that once the accountant clarified the situation with the IRS, Rozier’s tax obligation was significantly lower. “That amount has been taken care of, and we fully expect the defunct lien to be withdrawn in the near future,” Trusty said.
The lien, recorded on November 20, 2023, lists an unpaid balance of $8,218,211, raising questions about the accuracy of Rozier’s tax filings. IRS regulations dictate that liens are typically released within 30 days after a debt is settled, casting doubt on Trusty’s claims regarding the resolution of Rozier’s tax issues.
Tax professionals have weighed in, emphasizing that taxpayers are usually notified immediately upon an e-filing acceptance or failure. According to Tom O’Saben, director of tax content and government relations for the National Association of Tax Professionals, multiple notifications would have been sent to Rozier or his representatives if there was an issue with his tax filings.
This series of events not only highlights Rozier’s precarious financial situation but also underscores the growing scrutiny facing professional athletes involved in gambling scandals. The FBI’s arrest of Rozier, along with 34 others, has sent shockwaves through the NBA, raising concerns about the integrity of sports betting.
As this situation develops, further revelations could emerge, impacting Rozier’s professional career and personal life. Fans and observers will be closely monitoring the upcoming court proceedings, as Rozier maintains his innocence amid these serious accusations.
Stay tuned for further updates on this developing story as the legal ramifications unfold for Terry Rozier and the broader implications for the NBA.