By Mike Vorkunov, Jon Krawczynski and James L. Edwards III
Lawsuits and liens have trailed free agent guard Malik Beasley since he entered the league in 2016, and he has drawn concerns from at least one team about his off-court life. Now, he faces even more scrutiny.
Beasley, 28, is a person of interest in a gambling investigation out of the U.S. Attorney’s Office for the Eastern District of New York, his attorney, Steve Haney, confirmed to The Athletic over the weekend. No charges or formal allegations have been filed against him.
“This is simply an investigation,” Haney said. “At this point, Malik has not been charged with any crime and there has been no formal accusation of wrongdoing. Hopefully, everyone will afford him that same presumption of innocence that everyone else deserves.”
The investigation into Beasley came at what should have been a moment of triumph for him. After playing for five teams over his last four seasons, he was set to cash in this month following a strong campaign with the Detroit Pistons, where he averaged 16.3 points per game and made a career-high 41.6 percent of his 3s. The Pistons had been in talks with Beasley and his agent leading up to June 30’s official start of free agency, and were prepared to offer him a three-year, $42 million contract that included a team option for the last year, according to two sources briefed on the negotiations.
But the NBA reached out to the club several days before free agency began and let it know about the federal investigation involving Beasley. The Pistons quickly pivoted away and are now unlikely to sign him. The league has not said whether it has also investigated Beasley. The NBA has previously said it is cooperating with the federal investigation.
The contract would have been a windfall, although Beasley has already made nearly $60 million over his nine seasons in the NBA, including $6 million with Detroit this past season. But he has a line of creditors who have taken to courts to try to recoup the money they believe they were owed. He has been sued at least five times over the last eight years, according to available public records, and has more than a dozen different liens filed against him.
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Malik Beasley facing complaint from former agency amid gambling investigation