Chauncey Billups Sells Oregon Home For Nearly $5 Million After Being Charged With Wire Fraud

NBA champion Chauncey Billups was placed on administrative leave by the NBA following his October arrest on gambling-related charges. While his lawyer has denied the allegations against Billups and maintained the former athlete's innocence, Billups has sold his Oregon home in Lake Oswego. The massive sale of his home comes just weeks after the suspended Portland Trail Blazers head coach pleaded not guilty to the shocking charges against him.

According to several sources, including Oregon Live, Billups listed his nearly 8,000-square-foot home for $4.275 million in late November 2025. Today, the enormous property is listed as "pending sale," according to public records.

Billups, a former NBA player with ties to the Boston Celtics, Denver Nuggets, and Detroit Pistons, initially bought the home for just under $4 million in July 2021, right after being announced as the head coach of the Oregon NBA team.

Billups' sprawling mansion sits on 1.74 acres in the Oregon neighborhood, according to Redfin. The NBA star reportedly purchased the home through an LLC connected to his name.

The 4-bed, 6-bath home was built in 2002 and features many resort-style amenities, including a lagoon pool, spa with a multi-tier waterfall, private backyard golf complex, home theater, wine cellar, gym, and a 3-car garage.

Trail Blazers fans weren't too moved by the news of Billups' sale, with one Redditor writing, "Good and please never come back." Another wrote, "This is a win for both parties. We'll continue to move on, and Chauncey will have much more free time to gamble, and perhaps even be able to buy a nice place near a casino in Las Vegas."

The news that Billups sold his Lake Oswego home comes after he was arrested in October 2025 and indicted in the US District Court for the Eastern District of New York on charges of wire fraud, conspiracy, and money laundering conspiracy.

Prosecutors in the case allege Billups served as a "face card" or celebrity lure for high-stakes, rigged poker games allegedly organized by members connected with the mafia.

The games allegedly used advanced cheating devices, including altered card-shuffling machines, hidden cameras, and X-ray tables, to defraud wealthy victims out of millions of dollars.

Billups is also accused of receiving a share of the illegal profits, evidenced by $50,000 transfers sent to him after the alleged rigged games. Since his arrest, Billups has pleaded not guilty in court and is currently free on $5 million bond.

Billups' legal woes don't end there. At the time of his arrest, NBA player Terry Rozier was arrested simultaneously for his alleged role in a gambling scheme that's reported to have generated large amounts of money for corrupt bettors.

"Former and current NBA players and coaches, including Terry Rozier, Damon Jones and additional co-conspirators, allegedly informed the defendants and others of confidential information relating to upcoming NBA games and player performances, such as pre-release medical information and a player's intention to alter their upcoming game performance, which favored certain bettors within their inner social circle," an FBI spokesperson said, according to The Blast.

While Billups was not named directly in the second indictment, his profile matches the description of a co-conspirator, according to ESPN, said to be a resident of Oregon, an NBA player from 1997 to 2014, and a head coach since 2021. This co-conspirator is accused of providing non-public information about Portland players during a March 2023 game.

Following his arrest, more news about Billups' past resurfaced, including details surrounding a 1997 sexual assault case in which an unnamed woman accused the NBA player of assaulting her during a night out with other athletes.

According to Boston.com, the woman reported the alleged assault to the police after being examined by professionals at the Boston Medical Center who noted the bruises on her body were "consistent with the plaintiff having been dragged across a rug."

Billups denied the allegations against him, stating he and the victim had consensual sex. He and his former teammate settled the civil lawsuit out of court for an undisclosed amount in 2000.