Malik Beasley cleared in federal gambling investigation
- Malik Beasley is no longer the focus of the federal gambling investigation conducted by the Eastern District of New York.
- He has faced legal challenges, including an eviction order and a breach of contract lawsuit, despite being cleared from the federal investigation.
- This clearance may allow Beasley to regain focus on his NBA career although competitive contract options have diminished significantly.
In the United States, Malik Beasley, a guard for the Detroit Pistons, faced scrutiny from federal authorities regarding alleged gambling activities connected to NBA games and prop bets. Reports of the federal investigation emerged in late June 2023, causing discussions about a lucrative contract between Beasley and the Pistons to cease just days before the NBA free agency period began. As no charges or indictments were filed, Beasley was informed by his attorneys in August 2025 that he is no longer the target of this federal investigation, allowing him to focus on his basketball career amid separate legal issues. The Michigan-based Pistons had previously discussed a three-year, $42 million contract for Beasley before the investigation. However, the move was complicated when the team opted to sign Caris LeVert, thereby using their non-taxpayer mid-level exception, which determined their capabilities to offer Beasley a competitive contract. As a result, the Pistons could only extend Beasley an offer of around $7.2 million, significantly lower than what was initially discussed. Beasley had signed a one-year deal with the Pistons in 2024, which placed limitations on the team's ability to re-sign him under favorable terms. Reports indicated that other NBA teams, including the Miami Heat and Sacramento Kings, also showed interest in Beasley, but their offers were hampered by salary cap limitations. The Oklahoma City Thunder offered a more competitive figure than Detroit, subject to their existing roster construction, further complicating Beasley's options for the upcoming season. The potential for a financial recovery in the future remained, as the Pistons could secure Beasley through Early Bird rights, allowing them to sign him to more favorable terms next season if he chose to stay. As Beasley moves forward, the effects of the gambling investigation and his pending legal issues regarding a rent lawsuit and a breach of contract claim from Hazan Sports Management Group loomed large over his prospects. Yet, his clearance from the federal investigation notably alleviated immediate concerns regarding his professional career and potential earnings. The recovery trajectory hinges on his ability to negotiate effectively in free agency, especially with the impending market changes as other teams finalize their rosters and financial commitments.