Due to his suspected involvement in questionable NBA gambling during the 2023–24 season, Detroit Pistons guard Malik Beasley is the subject of a federal investigation. His rumoured $42 million contract negotiations with the Pistons have been put on hold by the investigation.
According to reports, federal officials are investigating Detroit Pistons player Malik Beasley on gambling charges involving NBA games and prop bets.
Insiders claim that the charges date back to Beasley’s time with the Milwaukee Bucks in the 2023–24 season. In 79 games that season, including a career-high 77 starts, Beasley averaged 11.3 points.
A gambling industry insider informed ESPN’s David Purdum that at least one significant US sportsbook noticed unusually high betting interest on Beasley’s numbers starting in January 2024.
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Based on an individual in the gambling business, the Bucks and Portland Trail Blazers will play on January 31, 2024. A spike in action on the under caused the odds on Beasley grabbing fewer than 2.5 rebounds to drastically change at bookmakers before the game, going from about +120 to about -250. The wagers that were considered strange lost, and Beasley finished with six rebounds.
Beasley’s attorney, Steve Haney, told ESPN that the investigation is not a cost. Malik is entitled to the presumption of innocence in accordance with the U.S. Constitution, just like everyone else. He hasn’t been charged with anything yet.
The Pistons and Beasley, 28, were reportedly negotiating a three-year, $42 million contract to bring the free agency shooter back to Detroit, according to insiders. But now the talks are on hold.
The Pistons informed ESPN on Sunday that they are aware of Beasley’s probe and are waiting for the NBA to provide further information.
“We are cooperating with the federal prosecutors’ investigation,” NBA spokesperson Mike Bass told ESPN.
The nine-year veteran averaged 16.3 points while playing in all 82 games during his first season with the Pistons. He made 319 3-pointers in a season, which is the most in Pistons history.
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