BREAKING: The NBA has officially launched an urgent investigation into gambling allegations against free-agent guard Malik Beasley, confirming the move to ESPN just hours ago. This investigation connects to a broader federal probe that has surfaced during the offseason, raising serious questions about Beasley’s conduct while playing for the Milwaukee Bucks.
Sources reveal that the investigation focuses on allegations of improper gambling on NBA games and prop bets from the 2023-24 season. Beasley’s attorney, Steve Haney, states that his client is “fully cooperating” with the NBA’s inquiries, highlighting a commitment to transparency amid these serious allegations.
The urgency of the situation escalated when reports emerged on June 29 that Beasley, aged 28, is under investigation by the U.S. Attorney’s Office for the Eastern District of New York. Initially, the NBA indicated that it was cooperating with federal authorities, but just two months later, Haney clarified that Beasley is not currently a target and has not faced charges in the federal investigation. This ongoing probe has already resulted in four guilty pleas connected to a gambling scheme involving former NBA player Jontay Porter.
Compounding the situation, the news broke just before Beasley was poised to finalize a lucrative three-year, $42 million contract with the Detroit Pistons. Following the allegations, the team withdrew its offer, though other franchises are reportedly still interested in acquiring Beasley’s talents.
According to sources familiar with the matter, the NBA investigation is nearing its conclusion. In a recent Instagram post, Beasley hinted that a significant decision regarding his future is imminent.
Adding to the intrigue, one U.S. sportsbook detected unusual betting patterns related to Beasley’s performance stats beginning around January 31, 2024. A notable game between the Bucks and the Portland Trail Blazers saw significant movement in the betting odds for Beasley recording fewer than 2.5 rebounds, shifting from approximately +120 to -250 due to a surge in betting activity on the under. Despite the speculation, Beasley finished the game with six rebounds, resulting in losses for those who placed bets based on the unusual trends.
“We take these allegations seriously and are committed to maintaining the integrity of the game,” a league spokesperson stated following the announcement of the investigation.
As this story develops, fans and analysts alike are watching closely to see how this investigation will impact Beasley’s career and the broader implications for the NBA. With multiple teams reportedly interested, the resolution of this matter is expected to influence player movements in the league.
Stay tuned for more updates as the NBA’s investigation unfolds and as Beasley prepares to make what he describes as a “critical decision” regarding his future.
