The federal case tied to the NBA betting scandal has its first sentencing: Timothy McCormack received a two-year prison term.
Prosecutors said he used nonpublic information to place highly profitable wagers linked to NBA player performances.
McCormack, who described himself as a gambling addict, became the first defendant sentenced in the broader conspiracy involving Terry Rozier and Jontay Porter. In Brooklyn, U.S. District Judge LaShann DeArcy Hall imposed a term below the four years sought by the government, while the defense argued for no prison time.
At sentencing, McCormack said: “I’ve struggled with a gambling addiction for more than half my life.” DeArcy Hall acknowledged the addiction factor (“He has an addiction… I don’t believe the conduct… defines him”) but stressed the integrity issue as well: “There is no question this is a serious crime.”
In the same case, Rozier—on unpaid leave from the Miami Heat—pleaded not guilty in December to wire fraud and money laundering conspiracy charges and is free on a $3 million bond, with court not expected again until March. Porter pleaded guilty in 2024, has been banned from the NBA, and is awaiting sentencing.
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