BREAKING: The IRS has officially released the $8.2 million tax lien against NBA veteran Terry Rozier, as confirmed by records obtained from the Broward County Courthouse. This urgent update follows Rozier’s recent legal troubles, including serious charges related to a gambling scandal.
On October 29, 2023, the lien release was filed just one day after it was reported by ESPN, intensifying the scrutiny surrounding Rozier. This development comes less than a week after the NBA player was arrested and charged with conspiracy to commit wire fraud and money laundering.
Rozier’s attorney, Jim Trusty, indicated earlier this month that Rozier initially owed only $9,000 in unpaid taxes, later revising the figure to $3,000. Trusty stated that the lien was a result of an e-filing error, adding, “Once the accountant clarified the situation with the IRS, Terry was found to owe only $3,000 in unpaid taxes for 2021,” which has since been settled.
The lien, recorded on November 20, 2023, lists an unpaid balance of $8,218,211. However, Trusty claims that the amount owed has been addressed and that they expect the lien to be withdrawn shortly. As of now, Trusty has not provided documentation of the payment.
“Taxpayers are generally notified within hours, if not minutes, if an e-file has been accepted,” said Tom O’Saben, director of tax content and government relations for the National Association of Tax Professionals. “A failed attempt to e-file and an unpaid tax bill would have generated multiple notifications to Rozier or his tax representatives.”
In addition to his tax issues, Rozier faces serious allegations of providing insider information regarding his plans to leave a game in March 2023 to a friend, who allegedly sold the information to gamblers. This scandal has shaken the NBA, with Rozier set to appear in federal court for arraignment on December 8, 2023, in Brooklyn.
The implications of the tax lien and subsequent legal battles extend beyond Rozier’s finances, as they highlight a troubling trend in professional sports regarding financial integrity and accountability. Fans and stakeholders are now watching closely, with many awaiting further developments in both the tax case and the gambling scandal.
As more information unfolds, it is crucial for Rozier and his legal team to clarify these financial discrepancies and address the serious criminal charges that loom over the NBA player. Stay tuned for updates as this situation develops.