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Malik Beasley No Longer Target in Federal Gambling Probe

His path back to a deal now depends on limited late‑offseason spending power across the league.

Overview

  • Beasley's attorneys said the Eastern District of New York informed them he is not a target and remains uncharged, while prosecutors declined comment.
  • The inquiry traced back to sportsbooks flagging unusual action on Beasley prop bets in January 2024, including a BucksBlazers game where heavy wagering on his under rebounds lost.
  • A nearly finalized three-year, $42 million agreement with the Pistons was shelved when the probe surfaced in late June, stalling broader free‑agency talks.
  • Detroit has since used its full mid‑level exception on Caris LeVert and now can offer up to $7.2 million via Non‑Bird rights, per cap analysts.
  • Teams monitoring his status include the Pistons, Pacers and Knicks, with New York limited to a minimum offer and several other clubs retaining exceptions or cap space to bid above $7.2 million.