Damon Jones appeared in federal court in Brooklyn this week facing separate indictments tied to sprawling gambling investigations. Prosecutors accuse him of profiting from rigged poker games that targeted unsuspecting players.

Additionally, he is charged with providing non-public information related to injuries of NBA stars, including LeBron James, to sports bettors looking to capitalize on inside tips. One instance described Jones texting a co-conspirator before a February 2023 Lakers game, encouraging a large bet on the Milwaukee Bucks, citing knowledge of LeBron’s injury status not yet publicly disclosed.

Jones was released on a $200,000 bond secured by his parents' Texas home with conditions barring gambling activity and contact with organized crime figures.​

Legal Defense and Next Steps

Jones, 49, pleaded not guilty to all charges through his court-appointed attorney Kenneth Montgomery, who indicated potential plea negotiations during the proceedings.

The former Cleveland Cavaliers guard played alongside LeBron James from 2005-2008 and later served unofficial coaching roles with James’ Lakers. Jones is scheduled for another court hearing along with other defendants on November 24.

His lawyer has not disclosed detailed defense strategy but may consider cooperation as part of plea discussions. The case forms part of a larger FBI crackdown on gambling rings that have implicated numerous individuals including NBA coach Chauncey Billups and guard Terry Rozier.​

Impact on NBA and Beyond

This high-profile case shines a spotlight on the NBA's challenges with illegal betting and insider information leaks. While LeBron James himself is not accused of wrongdoing, the connection underscores how deeply betting interests can infiltrate sports circles.

The allegations raise questions about how leagues protect player health information and seek to maintain the integrity of the game amidst rising sports gambling interests nationwide. Damon Jones’ legal battle will be closely watched as it may set precedents on accountability for former players and coaches involved in betting schemes.