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Malik Beasley No Longer a Federal Target in Gambling Probe, Lawyers Say

The shift revives his free agency prospects, with Detroit’s prior $42 million proposal no longer available after subsequent cap moves.

Overview

  • Attorneys for Beasley said the Eastern District of New York now does not consider him a target in its 2023-24 gambling inquiry, and he remains uncharged.
  • The U.S. Attorney’s Office declined to comment, and the NBA has conducted its own cooperation with prosecutors separate from any league discipline.
  • ESPN previously reported the probe followed atypical wagering on Beasley’s player props, including a sharp move on the under 2.5 rebounds before a Jan. 31, 2024 Bucks game in which he finished with six rebounds.
  • The Pistons’ expected three-year, $42 million deal evaporated when the investigation surfaced; after using the midlevel on Caris LeVert and adding Duncan Robinson and Javonte Green, Detroit can now offer about $7.2 million via Non-Bird rights.
  • Teams have monitored his status, with ESPN noting several clubs holding exceptions above $7.2 million and SNY reporting the Knicks did background work though they can only offer the minimum, while legal and NBA-enforcement uncertainties still factor into offers.