Malik Beasley is no longer a target of the federal gambling investigation conducted by the Eastern District of New York, his attorneys, Steve Haney and Mike Schachter, told ESPN on Friday, potentially reopening free agency for one of the NBA's top shooters.
- via ESPN
Wow, that is a big turnaround. How much money did this investigation (which amounted to nothing) cost Malik Beasley? Was it $45 million or something like that?
It will be interesting to see how much of that he can recoup. What level of market is left for him. Or will he be forced into a smaller deal. Maybe even a minimum deal.
"An allegation with no charge, indictment or conviction should never have the catastrophic consequence this has caused Malik. This has literally been the opposite of the presumption of innocence."
Quote from one of his two attorneys Steve Haney.
Sources said that Beasley and the Detroit Pistons were set to complete a three-year, $42 million contract to bring the 28-year-old guard
Beasley, who finished second in the 2024-25 Sixth Man of the Year race, averaged 16.3 points while appearing in all 82 games last season, his first season with Detroit over a nine-year NBA career. Beasley made 319 3-pointers, the most in a season in Pistons franchise history and the second most in the NBA that season, trailing Anthony Edwards by one trey.
