The Miami Heat will waive guard Terry Rozier on Friday, sources told ESPN.
Rozier had been placed on leave by the NBA since October after federal indictments into sports gambling activity.
Miami will open up a roster spot to sign a player for the playoffs.
Rozier was arrested on Oct. 23 as part of a federal investigation into illegal gambling.
Rozier has pleaded not guilty to conspiracy charges of wire fraud and money laundering. His $26.6 million salary expires this summer, though the money has been placed in escrow while Rozier’s case plays out.
ESPN’s Tim Bontemps contributed to this report.
