Federal investigation into gambling activities has reportedly moved away from NBA free agent Malik Beasley.
In a significant development, the ongoing federal investigation involving NBA player Malik Beasley has reportedly come to a close. Attorneys Steve Haney and Mike Schachter confirmed this update to ESPN after holding multiple discussions with the Eastern District of New York.
Beasley, a talented shooting guard, wrapped up the 2024-25 season with a 16.3 points per game average and 2.6 rebounds per contest. Despite the off-court distractions, his performance on the court was impressive.
The NBA spokesperson, Mike Bass, acknowledged the probe and confirmed that the league is cooperating with the federal prosecutors' investigation. The investigation stemmed from alleged gambling tied to basketball games and prop bets during the 2023-24 season.
However, it seems that Beasley is no longer a focus of the investigation. ESPN reported that he is no longer under scrutiny, a relief for the player and his supporters. Haney, Beasley's attorney, stated that his client remains uncharged and is not the target of this investigation.
Chantz Martin, a sports writer for Digital's website, has been closely following the developments in this case. In June, news concerning Beasley being under federal investigation surfaced, casting a shadow over his career.
In addition to the federal probe, Beasley has faced legal issues off the court. A lawsuit was filed against him for failure to make rental payments to his landlord, and an eviction order was issued against him in July. Moreover, Hazan Sports Management Group has filed a lawsuit against Beasley for breach of contract, alleging that he failed to repay a $650,000 advance.
Despite these challenges, Beasley has secured his basketball future. He has agreed to a one-year contract with the Detroit Pistons, a move that signals a fresh start for the player. However, there is no specific information available about who negotiated this contract on Beasley's behalf.
Haney, speaking on Beasley's behalf, expressed his relief and stated that an allegation with no charge, indictment, or conviction should never have the catastrophic consequence this has caused Malik. He urged the public to remember that everyone is innocent until proven guilty.
As Beasley moves forward, fans and supporters can follow Digital's sports coverage on various platforms and subscribe to the Sports Huddle newsletter to stay updated on his career.
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