NEW : Tim Donaghy , two alleged co - conspirators released on bail . Referee accused of leaking information on where he played . Charges could result in 25 years in prison . Tim Donaghy was an NBA referee for 13 years . Donaghy cooperating with prosecutors .
NEW : Tim Donaghy , two alleged co - conspirators released on bail . Referee accused of leaking information on where he played . Charges could result in 25 years in prison . Donaghy cooperating with prosecutors .