Beasley No Longer Target in Gambling Probe, Free Agency Resumes

Malik Beasley is no longer being treated as a target in a federal gambling investigation by the Eastern District of New York, his attorneys said, a development that could renew interest from NBA teams as free agency resumes or resumes in the near term. Beasley remains uncharged, and his lawyers stressed that investigators have indicated he is not the focus of the inquiry, a finding that arrives after weeks of discussion and assurances with federal authorities.

The investigation, which centers on gambling and prop bets tied to the 2023-24 season, has been described as ongoing but not charging Beasley. Beasley’s attorneys said they have had extensive meetings with investigators and have been informed that he is not considered a target, a clarification that comes after months of public questions about his status. The lawyers asserted that “an allegation with no charge, indictment or conviction should never have the catastrophic consequence this has caused Malik,” underscoring the tension between public scrutiny and the presumption of innocence.

Background to the case includes a focus on unusual betting activity surrounding a January 31, 2024 game in which Beasley played for the...