NBA’s Malik Beasley under federal investigation over gambling allegations

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"Malik Beasley Under Federal Investigation for Gambling Allegations"

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NBA free agent Malik Beasley is currently facing a federal investigation by the U.S. district attorney's office concerning allegations related to gambling on league games. This investigation comes after reports indicated that the scrutiny is connected to Beasley's performance during the 2023-24 NBA season while he was playing with the Milwaukee Bucks. NBA spokesperson Mike Bass confirmed that the league is cooperating with the federal prosecutors in their inquiry. Beasley’s attorney, Steve Haney, emphasized that there are no charges against Beasley at this time and urged the public to reserve judgment until the investigation concludes. This situation has drawn attention given the NBA's strict stance on gambling violations, especially in light of a previous case involving Toronto's Jontay Porter, who received a lifetime ban after pleading guilty to wire fraud linked to gambling activities.

The investigation into Beasley raises concerns about the integrity of the league, particularly as the NBA has been criticized for promoting gambling while imposing severe penalties on players found guilty of betting. Beasley, who signed a one-year contract with the Detroit Pistons for $6 million, was reportedly in talks for a multi-year deal potentially worth $42 million. However, the ongoing investigation could jeopardize these negotiations. Over his career, Beasley has demonstrated impressive performance, notably setting a franchise record for three-pointers last season and contributing to the Pistons' playoff success. His career averages stand at 11.7 points per game, with a peak of 19.6 points during the 2020-21 season with the Timberwolves. As the situation develops, the implications for Beasley's career and the broader NBA landscape remain to be seen.

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NBA free agent Malik Beasley is under investigation by the US district attorney’s office regarding gambling allegations tied to league games, a person familiar with the situation told the Associated Press on Sunday.

The person spoke on condition of anonymity because they were not authorized to comment on the matter.ESPN was the first to reporton the investigation and said the allegations are believed to be related to the 2023-24 season when Beasley played for the Milwaukee Bucks.

“We are cooperating with the federal prosecutors’ investigation,” NBA spokesman Mike Bass said in a statement released on Sunday.

“There have been no charges against Malik,” Steve Haney, Beasley’s attorney, told the AP. “It’s just an investigation at this point. We hope people reserve judgement until he’s charged – or if he’s charged. It’s not uncommon for there to be a federal investigation.”

The probe into the 28-year-old comes 14 months afterthe NBA issued a lifetime ban for Toronto’s Jontay Porter, who was linked to a prop bet investigation and eventually pleaded guilty to committing wire fraud.

This past season, the Wall Street Journal reported that Terry Rozier – then of the Charlotte Hornets – was under investigation for activity related to unusual betting patterns surrounding him in a March 2023 game. Rozier, now of the Miami Heat, has not been charged with any crime, nor has he faced any sanction from the NBA.

Porter’s ban came after a similar investigation into his performance and “prop bets” – wagers where bettors can choose whether a player will reach a certain statistical standard or not during a game. The Porter investigation started once the league learned about unusual gambling patterns surrounding Porter’s performance in a game in March 2024.

The league determined that Porter gave a bettor information about his own health status prior to the game and said that another individual – known to be an NBA bettor – placed an $80,000 bet that Porter would not hit the numbers set for him in parlays through an online sports book. That bet would have won $1.1m.

US sports leagues have also come under criticism for promoting gambling during games, while simultaneously applying heavy punishments to players found guilty of betting.

Beasley signed last year with the Pistons, taking a one-year contract for $6m in the hopes of cashing in this summer as a free agent. A second person, speaking to AP on condition of anonymity because no deal was announced, said Detroit was “very interested” in re-signing Beasley to a multi-year contract – which ESPN reported to be worth $42m – this summer. Those talks may be in jeopardy, given the uncertainty regarding the federal probe. Hehas $59.5m in career earnings.Beasley made a single-season, franchise-record 319 three-pointers in the regular season. He helped Detroit make the playoffs for the first time since 2019 and end an NBA-record 15-game postseason losing streak in the first round against the New York Knicks.Beasley averaged 16.3 points last season and has averaged 11.7 points over his career with Denver, Minnesota, Utah, the Los Angeles Lakers, Milwaukee and Detroit. He scored a career-high 19.6 points a game during the 2020-21 season with the Timberwolves.The Atlanta native played at Florida State and the Nuggets drafted him No 19 overall in 2016.

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Source: The Guardian