Former NBA player uses parents' home for collateral after pleading not guilty in FBI gambling case

Former NBA member and coach Damon Jones pleaded not guilty to charges of conspiracy to commit wire fraud and money laundering that stemmed from two separate illegal gambling cases In order to stay free during the trial his mother's and stepfather's home was used as collateral for a bond Jones is one of three defendants in both the poker ring and NBA betting cases He is alleged to have notified someone close to him that a prominent athlete on the Lakers widely speculated to be LeBron James would not play on Feb before the information was population James did not play in the championship due to an ankle injury The contest in question took place two days after James scored points to become the NBA's all-time leading scorer CLICK HERE FOR MORE SPORTS COVERAGE ON FOXNEWS COM Jones also allegedly gave apparent inside information about another one of the Lakers' best players months later speculated to be Anthony Davis regarding an injury that was likely to affect his performance which ultimately backfired as the contestant performed well and the Lakers won He is also alleged to have taken part in and benefited from rigged poker games being used as a face card along with Chauncey Billups to lure casualties into playing with celebrities HOW CHAUNCEY BILLUPS DAMON JONES WERE ALLEGEDLY USED TO COERCE CASUALTIES INTO ILLEGAL POKER GAMESIn response to being coached on how to cheat Jones replied Lol man y'all call Djones in cause y'all know I know what I'm doing according to the Department of Justice Despite being undrafted out of Houston in Jones still managed to play seasons in the NBA The definition of a journeyman Jones played for teams and made more than million in his career Throughout his time he was teammates with prominent stars including James during his three-year stint with the Cleveland Cavaliers from to He also spent a season with Dwyane Wade and Shaquille O'Neal with the Miami Heat He became a coach following his playing career winning a title with James and the Cavs in as an assistant Jones joined the Lakers James' current organization as an unofficial unpaid member of the coaching staff for the - season More than people have been arrested in both investigations thus far Jones is due back in court on Nov Follow Fox News Digital s sports coverage on X and subscribe to the Fox News Sports Huddle newsletter