UPDATE: The NBA has confirmed it is conducting an urgent investigation into serious gambling allegations involving free-agent guard Malik Beasley. The league’s probe is linked to a federal investigation by the U.S. Attorney’s Office for the Eastern District of New York, focusing on allegations of improper betting on NBA games during the 2023-24 season when Beasley played for the Milwaukee Bucks.
The investigation gained traction after reports emerged that Beasley, 28, was under federal scrutiny earlier this offseason. His attorney, Steve Haney, stated that Beasley is “fully cooperating” with the NBA’s inquiries. This comes as the NBA aims to uphold the integrity of the league amidst rising concerns over gambling influences.
Beasley was reportedly the subject of unusual betting patterns detected by at least one U.S. sportsbook, notably surrounding a game on January 31, 2024, against the Portland Trail Blazers. Betting odds on Beasley recording fewer than 2.5 rebounds shifted dramatically, moving from around +120 to -250 prior to the game, indicating significant gambling interest. Ironically, Beasley ended the game with six rebounds, leading to losses for those who bet against him.
The NBA’s investigation is believed to be nearing completion, according to sources familiar with the matter. Beasley’s recent social media activity suggests he is poised to make a significant career decision soon, following the pulling of a lucrative contract offer from the Detroit Pistons, which was valued at $42 million over three years. The Pistons withdrew their offer amid the unfolding investigation.
Earlier reports indicated that Beasley was not a target in the federal probe, which has already led to multiple guilty pleas in connection with a gambling scheme involving former NBA player Jontay Porter. As the situation develops, the NBA continues to monitor the implications of these allegations closely.
As fans await more clarity on Beasley’s future, the league remains committed to maintaining transparency and integrity in its operations. The outcome of this investigation could have far-reaching effects, not just for Beasley, but for the league as a whole.
Stay tuned for updates as this story unfolds and more information becomes available.
