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CNN 5 Things

NBA Scandal Fallout, Mortgage Rates, Binance Founder Pardoned and more

CNN 5 Things

CNN

News, Daily News

3.71.3K Ratings

🗓️ 23 October 2025

⏱️ 6 minutes

🧾️ Download transcript

Summary

The head coach of the Portland Trailblazer’s has been placed on leave, as the FBI’s probe into the league continues. We tell you why President Donald Trump called off his plan to send federal agents to this city. A federal food assistance program is the latest casualty of the government shutdown. Some welcome news for American homebuyers. Plus, Trump opens a door for the world’s largest crypto exchange in the US. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

From CNN, I'm Erin Matheson with the five things you need to know for Thursday, October 23rd.

0:07.0

We start with an update on the sprawling FBI probe into mafia-linked gambling and sports rigging schemes that are rocking the NBA.

0:15.0

Naked Sports podcast host, Carrie Champion, summed it up this way.

0:19.0

This could not be any more harmful to a league that has been considered itself thriving for so long,

0:25.6

and has in many ways dodged a lot of what people have said, the betting issues.

0:31.6

It's been in the background, but this is shocking.

0:34.6

Just days after the NBA started its regular season, the Portland Trailblazers have placed head coach Chauncey Billups on leave and asked Chiago Splitter to take over the head coaching duties for the franchise.

0:45.3

Billups has been the coach in Portland since 2021.

0:49.3

CNN has also contacted the Miami Heat, which declined to comment separately on the arrest of Guard Terry

0:54.8

Rozier and directed CNN to the NBA's statement on the investigation.

0:59.5

The league says Rozier has also been placed on leave, and his lawyer says he's already

1:03.8

been cleared of wrongdoing by the league, by the NBA, but is ready for this fight.

1:08.9

New court documents allege that the Miami Guard,

1:11.6

who was playing for the Charlotte Hornets at the time,

1:13.6

took himself out of a 2023 game with a fake injury

1:16.6

so other members of the scheme could bet on his statistics.

1:20.6

And the NBA Players Association has issued a statement on the matter,

1:23.6

saying, quote,

1:24.6

we will ensure our members are protected and afforded their due process

1:28.2

rights through this process.

1:30.8

Having the military and militarized immigration enforcement in our city will hinder our recovery.

1:39.3

That's San Francisco Mayor Daniel Lurie in a news conference this afternoon, after President

...

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