ESPN’s Shams Charania reports that Malik Beasley’s lawyers say their client is no longer the target of a federal gambling investigation.
Beasley appeared poised to cash in at the start of free agency after an excellent 2024-25 season with the Pistons. However, just before he could agree to a three-year, $42 million contract to remain in Detroit, it was reported that the US District Attorney’s Office was investigating him due to gambling allegations related to NBA games and prop bets during the 2023-24 season. The Pistons pulled the offer off the table, and other reports regarding Beasley’s financial troubles would come to light. “Months after this investigation commenced, Malik remains uncharged and is not the target of this investigation,” 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.” Detroit has addressed its wing needs this offseason through the additions of Caris LeVert and Duncan Robinson, not to mention Jaden Ivey’s return from a broken leg. And with many other teams lacking significant cap space, Beasley may have to take a smaller deal for the 2025-26 season than anticipated before free agency began.