Former basketball star Damon Jones pleaded not guilty to charges connected to a sprawling mob-linked NBA betting scam, and will be allowed to stay free until trial after posting a $200,000 bond.

Jones entered the plea during a Brooklyn Federal Court hearing Thursday afternoon, where his attorney said the 49-year-old may still “be engaging in plea negotiations.”

His mother and father put up their Texas home as collateral to maintain his release, and Jones is barred from gambling or speaking with anybody named in the indictment.

The former Cleveland Cavaliers assistant coach was charged with wire fraud and money laundering in the scam.

That scheme saw some NBA insiders  – Damon allegedly among them — leaking inside information about player status before games to up the odds of a winning bet, the US Attorney’s Office for the Eastern District of New York claimed in a sprawling October indictment.

“Get a big bet on Milwaukee tonight before the information is out!” Jones, a former Cavs player and friend of LeBron James, allegedly texted one of the scammers, according to prosecutors.

James has not been implicated in the scheme.

But three other NBA stars were, including Miami Heat guard Terry Rozier and Trail Blazers Coach and Hall of Famer Chauncey Billups.

Rozier was accused in the game-rigging scandal, while Billups was accused in a separate, but connected, poker scheme which saw mobsters cheating high-rollers out of millions with tampered card shufflers.

In total, 31 people were charged in the indictment.

Jones became an assistant coach for the Cavaliers in 2016, and played for numerous teams from 1998 to 2009.