NBA player Malik Beasley is no longer a target in a federal gambling investigation from the Eastern District of New York, his attorneys told ESPN’s Shams Charania.
Attorneys Steve Haney and Mike Schachter told Charania that the Eastern District of New York determined Beasley is no longer a target following allegations regarding gambling on NBA games and prop bets during the 2023-24 season.
“Months after this investigation commenced, Malik remains uncharged and is not the target of this investigation,” 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.”
The Eastern District of New York declined ESPN’s request for comment on the matter on Friday.
News of the investigation came out in June, right as Beasley was about to enter NBA free agency on the heels of a breakout season with the Detroit Pistons. NBA spokesman Mike Bass said at the time that the league was “cooperating with the federal prosecutors’ investigation.”
Beasley, 28, remains an NBA free agent, though Charania reported that several teams have kept in contact with his representation.
Charania previously reported that Beasley and the Pistons were in “serious talks” on a three-year, $42-million contract to keep him in Detroit before the investigation.
Beasley averaged 16.2 points per game and played all 82 regular season games in 2024-25 after signing a one-year deal with the Pistons last offseason.
His previous NBA stops include the Denver Nuggets (2016-20), Minnesota Timberwolves (2020-22), Utah Jazz (2022-23), Los Angeles Lakers (2023) and Milwaukee Bucks (2023-24). He was sentenced to 120 days in jail in 2021 stemming from a felony charge on threats of violence, and was eventually suspended for 12 games by the NBA.
The probe into Beasley came more than a year after Jontay Porter was banned from the NBA over prop bet investigations. Porter eventually pleaded guilty to committing wire fraud, with sentencing set for this December as prosecutors estimate he could get up to four years in prison.
A league investigation found that the former Toronto Raptors forward violated league rules by disclosing information to sports bettors and betting on NBA games.
The National Basketball Players Association said Friday that there has been no evidence of a greater, league-wide issue with gambling beyond Porter.
“NBA players compete at the highest level with the utmost integrity and are concerned that prop bets have become an increasingly alarming source of player harassment, both online and in person,” an NBPA spokesperson said. “If tighter regulations can help minimize that abuse, then we support taking a closer look at them.”
