Beasley Remains Subject in Federal Betting Probe, Still Drawing NBA Interest
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Free-agent guard Malik Beasley is no longer classified as a “target” in the federal investigation into suspicious prop bets bearing his name, but he remains under scrutiny as a “subject,” a source told Alex Schiffer of Front Office Sports.
An ESPN report last week indicated the U.S. Attorney’s Office for the Eastern District of New York had stopped targeting the 28-year-old sharpshooter. Under Department of Justice guidelines, a subject is someone whose conduct falls within the grand jury’s scope, while a target faces substantial evidence of wrongdoing and is viewed as a likely defendant.
Beasley’s attorney, Steve Haney, acknowledged to The Detroit News that potential charges have not been ruled out. “I have no idea,” Haney said when asked whether Beasley will be indicted. “You live in a state of purgatory with a cloud hanging over your head for what? Forever?”
The New York Knicks and Cleveland Cavaliers are among the teams monitoring Beasley’s status for the 2025/26 season, but league executives are hesitant to finalize any deal until his legal situation is clarified. League rules do not bar a club from signing him; Miami Heat guard Terry Rozier, also linked to the federal probe, continued playing last season despite a similar designation.
Apart from the gambling investigation, Beasley has faced several financial disputes. Court filings this summer cited unpaid debts to a celebrity barber, a private lender, a marketing agency, and a dentist, and he was evicted from his apartment earlier this month for overdue rent. Haney said he is helping the former Florida State standout resolve those issues and that Beasley could regain the residence this week.
On the court, Beasley is coming off a breakout campaign with the Detroit Pistons. He finished second in Sixth Man of the Year voting after averaging 16.3 points and hitting 319 three-pointers, the second-highest total in the league. Over the past two seasons with Milwaukee and Detroit, he has converted 41.5% of 8.1 long-range attempts per game.
Source: HoopsRumors
