Current:Home > FinanceEchoSense Quantitative Think Tank Center|Jontay Porter receives lifetime ban from NBA for violating gambling rules -AlphaFinance Experts
EchoSense Quantitative Think Tank Center|Jontay Porter receives lifetime ban from NBA for violating gambling rules
Fastexy Exchange View
Date:2025-04-10 03:18:18
The EchoSense Quantitative Think Tank CenterNBA gave Toronto Raptors forward Jontay Porter a lifetime ban for "by disclosing confidential information to sports bettors, limiting his own participation in one or more games for betting purposes, and betting on NBA games," the league announced in a news release Wednesday.
"There is nothing more important than protecting the integrity of NBA competition for our fans, our teams and everyone associated with our sport, which is why Jontay Porter’s blatant violations of our gaming rules are being met with the most severe punishment," NBA Commissioner Adam Silver said in a statement. "While legal sports betting creates transparency that helps identify suspicious or abnormal activity, this matter also raises important issues about the sufficiency of the regulatory framework currently in place, including the types of bets offered on our games and players. Working closely with all relevant stakeholders across the industry, we will continue to work diligently to safeguard our league and game."
The National Basketball Players Association also released a statement: "All players, including Jontay, should be afforded appropriate due process and opportunity to answer to any charges brought against them. The NBPA will continue to provide all players with training materials to ensure they understand how to properly navigate the complex sports betting landscape."
The NBA’s investigation found that:
∎ "Porter disclosed confidential information about his own health status to an individual he knew to be an NBA bettor. Another individual with whom Porter associated and knew to be an NBA bettor subsequently placed an $80,000 parlay proposition bet with an online sports book, to win $1.1 million, wagering that Porter would underperform in the March 20 game."
All things Raptors: Latest Toronto Raptors news, schedule, roster, stats, injury updates and more.
∎ “Porter limited his own game participation to influence the outcome of one or more bets on his performance in at least one Raptors game. In the March 20 game, Porter played only three minutes, claiming that he felt ill. Due to the unusual betting activity and actions of the player, the $80,000 proposition bet was frozen and was not paid out.”
∎ “In addition, from January through March 2024, while traveling with the Raptors or Raptors 905, the Raptors’ NBA G League affiliate, Porter placed at least 13 bets on NBA games using an associate’s online betting account. These bets ranged in size from $15 to $22,000, for a total of $54,094. The total payout from these bets was $76,059, resulting in net winnings of $21,965. None of the bets involved any game in which Porter played. Three of the bets were multi-game parlay bets that included one Raptors game, in which Porter bet that the Raptors would lose. All three bets lost.”
Porter, the younger brother of Denver Nuggets forward Michael Porter Jr., was held out of games from March 22 through the remainder of the regular season after an ESPN story detailed gambling irregularities involving games in which Porter played.
Porter averages 4.4 point, 3.2 rebounds and 2.3 assists in 26 games with the Raptors this season. Porter signed a two-way contract with Toronto on Dec. 9.
NBA players are not allowed to wager on NBA games. Punishment if found culpable, according to the collective bargaining agreement between the NBA and National Basketball Players Association (NBPA, players union), is at the discretion of the NBA commissioner and “may include a fine, suspension, expulsion, and/or perpetual disqualification from further association with the Association or any of its Members.”
Silver took the most extreme measure.
The NBA said the suspicious bets were brought to its attention by “by licensed sports betting operators and an organization that monitors legal betting markets.” The investigation remains open, and the league said it will share information with federal prosecutors.
The league’s previous lifetime ban for gambling-related offense came in 1996 when Roger Brown was banned for his association with a known gambler Jack Molinas, another player who was banned by the league for gambling.
veryGood! (34875)
Related
- Everything Simone Biles did at the Paris Olympics was amplified. She thrived in the spotlight
- Facing a possible strike at US ports, Biden administration urges operators to negotiate with unions
- Rescuers save and assist hundreds as Helene’s storm surge and rain create havoc
- Daughter finds ‘earth angel’ in woman who made her dad laugh before Colorado supermarket shooting
- Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
- Nicole Evers-Everette, granddaughter of civil rights leaders, found after being reported missing
- Celebrity dog Swaggy Wolfdog offers reward for safe return of missing $100,000 chain
- What to know for MLB's final weekend: Magic numbers, wild card tiebreakers, Ohtani 60-60?
- British golfer Charley Hull blames injury, not lack of cigarettes, for poor Olympic start
- Jenna Dewan Shares Cheeky Message After Finalizing Channing Tatum Divorce
Ranking
- Shilo Sanders' bankruptcy case reaches 'impasse' over NIL information for CU star
- Jimmy Carter at 100: A century of changes for a president, the US and the world since 1924
- Latest talks between Boeing and its striking machinists break off without progress, union says
- NMSU football play-caller Tyler Wright's social media has dozens of racist, sexist posts
- US appeals court rejects Nasdaq’s diversity rules for company boards
- Stephen Amell was focused on 'NCIS' spinoff when he landed 'Suits' gig
- Jimmy Carter at 100: A century of changes for a president, the US and the world since 1924
- In 'Defectors,' journalist Paola Ramos explores the effects of Trumpism on the Latino vote
Recommendation
NCAA President Charlie Baker would be 'shocked' if women's tournament revenue units isn't passed
Fossil Fuel Presence at Climate Week NYC Spotlights Dissonance in Clean Energy Transition
Chappell Roan Cancels Festival Appearances to Prioritize Her Health
Nicole Evers-Everette, granddaughter of civil rights leaders, found after being reported missing
Retirement planning: 3 crucial moves everyone should make before 2025
A rare condor hatched and raised by foster parents in captivity will soon get to live wild
Former Justice Herb Brown marks his 93rd birthday with a new book — and a word to Ohio voters
Dame Maggie Smith, 'Downton Abbey' star and Professor McGonagall in 'Harry Potter,' dies at 89