The league announced in March it had opened an investigation into anomalies involving bets pertaining to Porter after unusual betting patterns around the player emerged.
The NBA said its investigation found that Porter had “violated league rules by disclosing confidential information to sports bettors, limiting his own participation in one or more games for betting purposes, and betting on NBA games.”
There is nothing more important than protecting the integrity of NBA competition for our fans, our teams and everyone associated with our sport, which is why Jontay Porter’s blatant violations of our gaming rules are being met with the most severe punishment,” NBA commissioner Adam Silver said in a statement.
“While legal sports betting creates transparency that helps identify suspicious or abnormal activity, this matter also raises important issues about the sufficiency of the regulatory framework currently in place, including the types of bets offered on our games and players,” added Silver.
“Working closely with all relevant stakeholders across the industry, we will continue to work diligently to safeguard our league and game.”
The NBA said in a news release that the league has shared and will continue to share information with federal prosecutors. The league also said its investigation remains open and may result in further findings.
The Raptors are “fully supportive of the league’s decision” and the team will continue to cooperate with the ongoing investigations, the team said in a release.
- CNN has sought comment from Porter’s representation.
