On Thursday, Portland Trail Blazers coach Chauncey Billups, Miami Heat guard Terry Rozier and former NBA player and coach Damon Jones were indicted in a pair of sweeping federal investigations into illegal sports betting and rigged poker games.

Here's what our ESPN reporters know about the allegations, what's next for the people involved and what this might mean for the NBA.

What are the two cases?

Doug Greenberg: Though they both involve current and former NBA players, the FBI made clear in its news conference that these are two separate cases, albeit with some overlap.

The first involves betting on NBA games, using insider information from players and coaches, and the second involves rigging high-stakes, Mafia-associated poker games against high rollers after enticing them

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