NBA free-agent guard Malik Beasley no longer is the target of a federal gambling investigation, his attorneys told ESPN on Friday.
Authorities from the Eastern District of New York were looking into allegations that Beasley was tied to gambling activity on NBA games and prop bets during the 2023-24 season. He played for the Milwaukee Bucks at the time.
“Months after this investigation commenced, Malik remains uncharged and is not the target of this investigation,” Beasley’s attorney Steve Haney told ESPN. “An allegation with no charge, indictment or conviction should never have the catastrophic consequence this has caused Malik. This has literally been the opposite of the presumption of innocence.”
Beasley spent the 2024-25 season with the Detroit Pistons on a one-year, $6 million contract.
ESPN reported that because of the allegations, discussions about a new three-year, $42 million contract were halted.
Beasley, 28, appeared in all 82 games (18 starts) last season with the Pistons and averaged 16.3 points, 2.6 rebounds and 1.7 assists per game while shooting 41.6 percent from three-point range.
He has career averages of 11.7 points, 2.8 rebounds and 1.4 assists with the Denver Nuggets (2016-20), Minneapolis Timberwolves (2020-22), Utah Jazz (2022-23), Los Angeles Lakers (2023), Bucks (2023-24) and Pistons.
The NBA suspended Beasley for 12 games in 2021 after he entered a guilty plea to a felony charge of threats of violence. He was sentenced to 120 days in jail to be served after the 2020-21 season and was released after 78 days.