That’s why it’s called gambling.

Former Cavaliers player and assistant coach Damon Jones allegedly received $2,500 for insider information that backfired during a 2024 Lakers game involving close friend LeBron James.

Jones, whom the FBI arrested for his supposed involvement in both an alleged sport betting scheme and purported poker rigging plot, claimed that he learned from a Lakers trainer that “one of the Lakers’ best players during the 2023-2024 season” would only play limited minutes due to injury during a Jan. 15, 2024 game against the Thunder, according to the court papers. 3

He allegedly told co-defendant Eric “Spook” Earnest, who shared the tip with Marves Fairley, and Jones purportedly received $2,500 for the tip.

Fairley wagered $100,000 against the Lakers.

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