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Knicks, Cavaliers Check In on Malik Beasley After Probe Status Changes

Most suitors can only offer the minimum, leaving Detroit’s roughly $7.2 million option as the richest path.

DETROIT, MICHIGAN - APRIL 24: Malik Beasley #5 of the Detroit Pistons shoots the ball against Karl-Anthony Towns #32 of the New York Knicks during the second quarter in Game Three of the Eastern Conference First Round NBA Playoffs at Little Caesars Arena on April 24, 2025 in Detroit, Michigan. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Gregory Shamus/Getty Images)
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Overview

  • Beasley’s attorneys say he is no longer a target in the Eastern District of New York’s gambling investigation, reopening his free agency, and he remains unsigned.
  • The Knicks and Cavaliers have inquired about him, with both teams limited to offering a veteran-minimum contract.
  • A previously reported three-year, $42 million agreement to stay with the Pistons fell through when the probe surfaced, but Detroit can now use non-Bird rights to offer about $7.2 million.
  • Reporting notes he may still be a subject of the federal inquiry and that any NBA disciplinary considerations are separate from the criminal investigation.
  • Interest is fueled by his 2024–25 breakout for Detroit: 16.3 points per game, 41.6% from three, 319 made threes, 82 games played, and a second-place finish in Sixth Man voting.