Malik Beasley, a free agent NBA shooter, has been indicted on sports gambling charges by federal prosecutors in New York, alongside former player Ed Davis. Beasley faces allegations of sports betting, money laundering, and wire fraud related to a scheme where he and Davis manipulated NBA game outcomes for betting. Investigators claim this collaboration began when both were teammates on the Timberwolves and continued into Beasley’s time with the Bucks during the 2023/24 season. As part of the scheme, Beasley reportedly sought to address a million-dollar gambling debt through manipulated performances. This situation jeopardizes Beasley's professional career, which was looking promising after his strong performance in 2024.

By the Numbers
  • Beasley faced $1 million in gambling losses.
  • Four specific games were targeted for prop bets impacting Beasley’s performances.
State of Play
  • Beasley has signed with Cangrejeros de Santurce in Puerto Rico while awaiting news on his NBA future.
  • He was poised for a lucrative deal with the Pistons before the investigations surfaced.
What's Next

As the investigations continue, further developments are expected regarding Beasley's legal situation and his return to the NBA. Other former players involved will also have their cases resolved, potentially influencing the league's policies on gambling.

Bottom Line

Malik Beasley’s indictment highlights the increasing scrutiny on professional athletes regarding gambling activities. The outcome will likely shape his career trajectory and the NBA's stance on player conduct in relation to sports betting.