Former Cavaliers player and assistant coach Damon Jones is one of three individuals being charged in both the sports betting and gambling probe that resulted in 30-plus cumulative arrests by the FBI, which included Trail Blazers coach and Hall of Famer Chauncey Billups and current Heat guard Terry Rozier.
He reportedly is also a close friend of LeBron James.
Jones allegedly relayed information involving James’ status for a Feb. 9, 2023 Lakers-Bucks game that James missed.
While serving as an unofficial assistant for Los Angeles, Jones purportedly relayed information to an unnamed individual in the alleged betting group stating they should place a large bet on the Bucks since James would miss the game, sources told The Post.
“Get a big bet on Milwaukee tonight before the information is out!,” Jones texted the individual, per the indictment.
Damon Jones shooting during the 2007 playoffs. Getty ImagesThe Bucks won that game, 123-115, and also would have covered the 7.5-point spread as favorites, as chronicled at the time by Action Network.
Yahoo previously described Jones and James as being close friends at the time.
“Jones and James became close friends when both were with the Cavaliers from 2005-08. Jones’ 11-year NBA career with 10 teams ended after playing with the Milwaukee Bucks during the 2008-09 season,” Marc Spears wrote in 2016. “Jones remained close with James after his NBA days concluded.”
LeBron James and Damon Jones in 2006. REUTERSJones, 49, spent no more than three years with any team after going undrafted out of Houston during a career that spanned 1998-2009.
The Texas native entered the league with the Nets in in the 1998 seasons, playing 11 games in New Jersey before finishing up the year with the Celtics.
Jones then spent either a full season or less than an entire campaign with the Warriors, Mavericks, Grizzlies, Pistons, Kings and Bucks and Heat from 1999-2005.
He finally found home with the Cavaliers in 2005, appearing in 209 games for the franchise spanning three seasons.
Jones averaged 22 minutes and 6.6 points across his three seasons playing alongside James, which included a loss to the Spurs in the 2007 NBA Finals.
Jones during the 2006 playoffs. APHe finished his career by appearing in 18 games for the 2008-09 Bucks.
Jones played in 657 career games and averaged 6.6 points, 2.7 assists and 1.6 total rebounds.
He found his way back to the Cavaliers in 2014, working as a shooting coach for the team.
The Cavaliers promoted him to assistant coach in 2016.
Jones became involved in a famous incident in 2018 when ex-Cavaliers star J.R. Smith earned a one-game suspension for throwing soup at him.
Smith said Jones egged him on, eliciting the outburst.
“I’m not gonna lie. It took me a second too because I thought about it. It wasn’t a rageful throw,” Smith said, per CBS. “It was like, ‘Okay, you’re playing with me. I know you’re playing with me. I’m gonna show you.’ I literally thought about it, and I threw it on him. He’s over there screaming because the s–t is hot. I’m like, ‘See, you wanna stop playing with me now? You gonna stop playing?'”
Jones guarding Stephon Marbury in 2004. New York PostThe Cavaliers fired Jones in October 2018 amid the team’s 0-6 start that also resulted in head coach Tyronn Lue’s ouster.
Jones popped up in the news again Thursday following his arrest in the FBI’s investigation.
He’s alleged to have participated in the purported sports betting scheme that involved prop bets manipulation, along with the supposed rigging of poker games.







