UPDATE: The NBA has officially launched an investigation into gambling allegations involving free-agent guard Malik Beasley, linked to a federal probe that has raised serious concerns this offseason. The league confirmed to ESPN just moments ago that it is examining allegations of improper gambling on NBA games during the 2023-24 season when Beasley played with the Milwaukee Bucks.
Sources close to the investigation indicate that Beasley’s involvement has drawn scrutiny due to unusual betting activity surrounding his performance statistics. Specifically, a notable incident on January 31, 2024, during a game against the Portland Trail Blazers, saw betting odds on Beasley’s rebounds shift dramatically, suggesting suspicious activity.
In light of these developments, Beasley’s attorney, Steve Haney, stated that his client is “fully cooperating” with the ongoing investigation. This cooperative stance may be crucial as the NBA seeks to uphold the integrity of the game.
Earlier this offseason, reports emerged revealing that Beasley was under investigation by the U.S. Attorney’s Office for the Eastern District of New York. Notably, the NBA has been working in tandem with federal authorities, although it was indicated that Beasley was not a target of this investigation. However, the recent confirmation of the league’s own inquiry raises the stakes for the player and the league alike.
The fallout from this investigation has already impacted Beasley’s career prospects. Just before the news broke, Beasley was poised to finalize a lucrative three-year, $42 million contract with the Detroit Pistons, which has since been pulled amid the ongoing scrutiny. Despite this setback, other teams are reportedly still interested in signing the 28-year-old guard.
As this investigation nears its conclusion, the NBA is under pressure to resolve the situation swiftly. Fans and analysts alike are watching closely, as the implications of the findings could reshape Beasley’s future in the league.
In a recent Instagram post, Beasley hinted that a decision regarding his career would come soon, further intensifying speculation about his next steps. The NBA’s investigation is considered to be in its final stages, indicating that significant updates could emerge at any moment.
Concerns over gambling scandals have plagued the league in recent years, with multiple players and incidents leading to heightened scrutiny. With the NBA’s focus on maintaining integrity, it will be crucial to see how this situation unfolds and what disciplinary actions, if any, may arise.
Stay tuned for further updates on this developing story as the NBA continues its investigation into Malik Beasley’s gambling allegations.