Malik Beasley

Wolves Among Teams To Touch Base With Malik Beasley

The Timberwolves are among the teams that have been in contact with Malik Beasley‘s camp about the free agent swingman, according to Michael Scotto of HoopsHype (Twitter link).

Minnesota joins the Pistons, Cavaliers, and Knicks as the teams known to have expressed interest in Beasley, Scotto notes.

As we detailed earlier today, while the 28-year-old is no longer a target of a federal investigation into unusual gambling and prop betting activity, he’s still considered a subject of that probe, so he hasn’t been fully cleared by either investigators or the NBA. However, his outlook has apparently improved enough that teams are increasingly willing to explore the idea of signing him.

Beasley spent two-and-a-half seasons with the Timberwolves from 2020-22 before being traded to Utah as part of the Rudy Gobert mega-deal during the ’22 offseason. He put up some of the best scoring numbers of his career in Minnesota, averaging 15.1 points per game in 130 outings, with a 38.9% mark on three-point tries.

The Timberwolves have 13 players under contract and are operating about $5.9MM below the second tax apron, so they would have the ability to offer Beasley more than a minimum-salary contract using the taxpayer mid-level exception, especially if they’re not committed to carrying a 15th man to open the regular season.

The Pistons still control Beasley’s Non-Bird rights, giving them the ability to offer him a first-year salary worth up to $7.2MM. However, their level of interest in re-signing him after adding Caris LeVert and Duncan Robinson this summer is unclear.

The Knicks and Cavaliers are both limited to minimum-salary offers. As Scotto points out, Cleveland’s desire to add another wing may have increased in the wake of Max Strusfoot surgery.

Latest On Malik Beasley

An ESPN report last week stating that Malik Beasley is no longer a target of a federal gambling investigation into unusual prop betting activity has fueled speculation about the possibility of the free agent sharpshooter joining an NBA team for the start of the 2025/26 season. The Knicks and Cavaliers are among the clubs said to have interest.

However, as we detailed over the weekend, the term “target” has a specific legal definition to federal prosecutors, and while it may not apply to Beasley, that doesn’t mean he’s entirely in the clear.

The former Pistons wing is still a “subject” of the investigation being conducted by the Eastern District of New York, a source has confirmed to Alex Schiffer of Front Office Sports.

As Schiffer explains, a subject of an investigation is defined by the Department of Justice as “a person whose conduct is within the scope of the grand jury’s investigation,” whereas a target is someone who “has substantial evidence linking him or her to the commission of a crime and who, in the judgment of the prosecutor, is a putative defendant.”

In practical terms, that means that while federal investigators aren’t zeroing in on Beasley specifically, he also could still theoretically face criminal charges, something his lawyer Steve Haney acknowledged to Robert Snell and Coty M. Davis of The Detroit News.

“I have no idea,” Haney said when asked if Beasley will be charged. “That is the frustrating thing. You live in a state of purgatory with a cloud hanging over your head for what? Forever? And you’re out of the league and can never play basketball again?”

It makes sense that NBA teams would be reluctant to finalize a deal with the 28-year-old before getting clarity on whether or not he’ll face charges (or discipline from the league) related to the unusual activity on Beasley-related prop bets during the 2023/24 season. Still, it’s worth noting that there’s technically nothing stopping an NBA club from signing him.

For example, Heat guard Terry Rozier, who has also been investigated as part of the federal probe into illegal betting, continued to play during the second half of last season while that investigation was ongoing and is still on Miami’s roster. Based on somewhat conflicting reports about his status, it sounds as if Rozier in the same boat as Beasley — not a “target,” but not fully cleared yet either as the probe continues.

Besides being a subject in a federal investigation, Beasley has also had his share of financial issues in recent years, as outlined in multiple reports this summer. He allegedly failed to pay off debts to a celebrity barber, a money lender, a marketing firm, and a dentist, and was evicted from his apartment earlier this month after being accused of not paying rent.

Haney, who has been working with Beasley in an effort to clear up his debts, said his client could reclaim his apartment as soon as this week and suggested that his financial woes have been overstated.

“A lot of his problems came from, I think, a lack of management and not having somebody diligently coordinating a lot of his financial matters,” Haney told The Detroit News. “And though I’m not his business manager, I am trying to help coordinate whatever I can to get him back in better standing.

“… It is not fair to characterize him as being broke. Athletes are very busy. They have had a life of privilege. They are not used to handling business affairs. Most of these NBA players get people around them that they trust to handle business affairs. Malik obviously did not have people in his management circle that were diligent. We are working with him to go through and solve some of the problems.”

If not for Beasley’s off-court complications, he’d almost certainly be the most coveted unrestricted free agent left on the market. The former Florida State standout is coming off a very strong season in Detroit in which he was the Sixth Man of the Year runner-up after averaging 16.3 points per game and ranking second in the NBA in three-pointers made (319). He has knocked down 41.5% of 8.1 three-point attempts per contest over the past two seasons for the Bucks and Pistons.

Cavaliers Among Teams Interested In Malik Beasley

The Cavaliers are among the teams that have checked in on free agent wing Malik Beasley, according to Michael Scotto of HoopsHype (Twitter link).

The Knicks are another team interested in Beasley, Scotto adds. Multiple reporters have stated that New York has been monitoring Beasley’s situation.

Beasley is no longer a target of the federal gambling investigation being conducted by the Eastern District of New York, his lawyers recently told Shams Charania of ESPN.

However, as Michael McCann of Sportico details, just because Beasley is no longer considered a “target” of the federal investigation doesn’t necessarily mean he’s fully in the clear. It’s possible he still may still be a “subject” of the investigation, which has a different legal meaning with the Department of Justice.

And even if the 28-year-old is cleared of any type of criminal wrongdoing, that doesn’t necessarily mean he has not broken any NBA rules, McCann writes. The league will have to determine independently whether or not Beasley broke any “contractual, labor and employment obligations.”

The 6’4″ shooting guard is coming off a strong season in Detroit in which he was the Sixth Man of the Year runner-up after averaging 16.3 points per game while shooting a career-high 41.6% from long distance and ranking second in the NBA in three-pointers made (319).

Scotto points out that Knicks senior vice president of basketball operations Gersson Rosas signed Beasley to a lucrative contract while he was running Minnesota’s front office in 2020. Both the Cavaliers and the Knicks have open standard roster spots, but they can only offer Beasley a minimum-salary deal, Scotto notes.

Atlantic Notes: Mann, McCain, Yabusele, Beasley, Raptors

After spending the first five-and-a-half seasons of his NBA career with the Clippers, Terance Mann was ready for a change when he was dealt to the Hawks at last season’s trade deadline, writes Gary Washburn of The Boston Globe. Even though his stay in Atlanta only lasted a few months, Mann believes it was good for his career.

“I was super excited to be traded the first time, I kind of felt like my time in L.A. was up and it was time for me to get out of there,” he said. “I did six seasons there as a second-round pick and a lot of guys don’t get to do that so, I really felt excited to get traded to the East Coast and to an organization like Atlanta. The coaching staff was great and we had a good time.”

Mann was productive during his 30 games with the Hawks, averaging 9.8 points, 3.1 rebounds and 2.1 assists in 22.7 minutes per night while shooting 54.1% from the field and 38.6% from three-point range. However, Atlanta was willing to part with him this summer for the chance to land Kristaps Porzingis, and he was shipped to the Nets in a three-team deal.

“It didn’t come as a surprise to me,” Mann said of the trade. “It’s going to be crazy to play in an environment like that, something new. I’m one of the oldest guys on the team, want to be a leader, show those guys what it takes to win. I’ve been with those guys a ton (this summer) and they’re super hungry, willing to learn basketball. It’s going to be fun. I’m excited for the challenge and I feel like I was built for this. I’m in my prime right now and ready to show the world what I’ve really got outside this role I’ve been playing for the last six seasons.”

There’s more from the Atlantic Division:

  • Sixers guard Jared McCain tells Declan Harris of Sports Illustrated that he lost a close friend and mentor when Guerschon Yabusele signed with the Knicks in free agency. Yabusele helped McCain deal with a difficult rookie season that was cut short by a torn meniscus in December. “Man, I’m gonna miss him, that’s one of the best people I’ve ever been around,” McCain said. “I could go to him for anything; a lot of my teammates are like that, but him, I gravitated to a lot. He was just super nice, just a good person and fun to play with, also another great energy person, so I’m sad to see him go.”
  • A league source confirms to Stefan Bondy of the New York Post that the Knicks have interest in Malik Beasley now that he’s no longer a target of a federal gambling investigation (Twitter link). However, New York can only offer a veteran’s minimum contract, and Beasley may have more lucrative options elsewhere.
  • The Raptors‘ G League affiliate traded its first-round pick in this year’s draft to the College Park Skyhawks in exchange for the returning player rights to Jarkel Joiner, according to Blake Murphy of Sportsnet.ca (Twitter link).

Community Shootaround: Malik Beasley’s Future

Malik Beasley could be considered the top unrestricted free agent on the market now that he is no longer a target of a federal gambling investigation.

Beasley played a major role in Detroit’s return to relevance last season. He was the runner-up in the Sixth Man of the Year voting after knocking down 319 three-pointers during the regular season, second only to Timberwolves All-Star Anthony Edwards (320).

The investigation – and Beasley’s financial issues – came to light at the worst possible time. He was reportedly poised to sign a three-year, $42MM contract with the Pistons but that offered was pulled during the federal probe.

Detroit pivoted from Beasley and acquired Caris LeVert via free agency and Duncan Robinson in a sign-and-trade to serve as the wings on its second unit. The Pistons still hold Beasley’s Non-Bird rights but can only offer him a starting salary of $7.2MM. On paper, the Pistons don’t really have a pressing need to bring back Beasley.

If Detroit doesn’t re-sign him, Beasley will almost certainly have to take less in the marketplace, considering the salary cap challenges that a majority of teams are facing. Beasley might even have to settle for a veteran’s minimum deal and hope for better luck next summer.

The Knicks are one of the teams believed to have interest in Beasley but they could only give him a minimum deal.  The Timberwolves, Cavaliers, Warriors and Sixers are some of the other teams with roster openings that might be looking to add another shooter, but all four clubs project to be taxpayers and have limited cap flexibility.

That brings us to today’s topic: Now that Malik Beasley is no longer a target in a federal gambling investigation, where will the unrestricted free agent wind up? Will he re-sign with Detroit or head elsewhere? Which contender would benefit the most from signing Beasley, one of the league’s premier three-point shooters?

Please take to the comments section to weigh in on this topic. We look forward to your input.

Fischer’s Latest: Beasley, Martin, Hyland, Cavaliers

Following the recent report that Malik Beasley is no longer the target of a federal gambling investigation, it is expected that the sharp-shooting free agent will rejoin the market as one of the more valuable players still available. One of the teams that has shown interest in his services is the Knicks, writes Jake Fischer for The Stein Line, confirming a report from Ian Begley of SNY.tv.

The Knicks currently have an open roster spot, and have been rumored to be considering Landry Shamet or Ben Simmons for the role, though there’s debate as to how real the Simmons interest is. Fischer notes that the Knicks’ interest in Beasley dates back to their first-round playoff series against the Pistons, who still hold his Non-Bird rights.

Begley, in a tweet, adds that it wouldn’t be surprising if Beasley’s market was more than the veteran minimum contract the Knicks would be able to offer. Beasley reportedly had a three-year, $42MM deal on the table from the Pistons before news of the gambling investigation broke and Detroit moved on to signing Duncan Robinson.

Beasley averaged 16.3 points per game last season while shooting 41.6% from three on 9.3 attempts and earning the runner-up status for Sixth Man of the Year. Despite coming off the bench for all but 18 games, Beasley ranked second in the league in total made three-pointers.

We have more news from Jake Fischer’s latest article:

  • While rival teams expect the Warriors to sign Al Horford, Gary Payton II, and De’Anthony Melton once their stalemate with Jonathan Kuminga is resolved, they will still have more moves to make. One name that they’re considering, according to Fischer, is Cody Martin. Fischer notes that Martin has interest from multiple playoff teams, and is waiting to determine if Golden State would offer the best situation or if it would be better to make his choice once training camps have started. The 6’5″ wing has struggled with his shot in recent years but is a strong athlete and capable defender.
  • The Timberwolves are hoping to bring Bones Hyland back with one of their two remaining roster spots, Fischer writes, confirming prior reporting from The Athletic. Hyland, a 24-year-old scoring guard, played just four games with the Wolves last year after starting the season with the Clippers, with whom he averaged 7.2 points and shot 38.8% on three-point attempts in 11.1 minutes per night. Hyland would provide depth for the Wolves’ point guard rotation, which currently features 38-year-old Mike Conley and 21-year-old Rob Dillingham,
  • The Cavaliers also have two open roster spots, but Fischer writes that they’re not expected to fill the 15th spot heading into the season. With a massive payroll and a punitive luxury tax bill, Fischer instead expects them to sign a a 14th man to a non-guaranteed contract and leave the 15th spot open.

Malik Beasley No Longer Target Of Federal Investigation

Free agent wing Malik Beasley is no longer a target of the federal gambling investigation being conducted by the Eastern District of New York, attorneys Steve Haney and Mike Schachter tell Shams Charania of ESPN.

Word broke in June, just ahead of free agency, that Beasley was under federal investigation due to allegations related to gambling and prop bets made the 2023/24 season. According to Charania, Beasley’s lawyers have had “extensive” discussions with the Eastern District of New York in recent weeks and learned that the investigation isn’t targeting their client.

“Months after this investigation commenced, Malik remains uncharged and is not the target of this investigation,” Haney said. “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.”

While Beasley is legally afforded the presumption of innocence, it wouldn’t have made sense for an NBA team to sign him without assurances that he would be cleared. A worst-case outcome for Beasley would have meant a lifetime ban from the league, similar to the one levied by the NBA on Jontay Porter after it was determined that Porter manipulated prop bets by exiting at least one game early, citing health reasons.

As Charania details, investigators in this case were believed to be focused on unusually heavy betting activity on Beasley’s statistics in January 2024, including a Jan. 31 game in which action on his “under 2.5 rebounds” prop bet surged significantly in the hours leading up to tip-off — he ended up grabbing six rebounds in that game.

Multiple reports published in late June and early July indicated that Beasley was dealing with a number of financial issues, including facing a lawsuit from his former marketing agency. Court records earlier this month suggested that the 28-year-old had been sued by his landlord and evicted from his apartment.

While Charania’s report doesn’t definitively state that Beasley is 100% in the clear, it doesn’t sound as if any charges are forthcoming, so it seems likely there will be renewed interest from NBA teams interested in signing him. He’s coming off a strong season in Detroit in which he was the Sixth Man of the Year runner-up after averaging 16.3 points per game and ranking second in the NBA in three-pointers made (319).

Before news of the investigation broke, the Pistons and Beasley were working toward a potential three-year deal worth roughly $42MM, according to Charania, who notes that other clubs had interest in the sharpshooter and some have stayed in touch with his representatives about his status.

Detroit no longer has the ability to sign Beasley for $42MM over three years — that would have required cap room or the non-taxpayer mid-level exception, which has since been used on Caris LeVert. But the Pistons do still hold his Non-Bird rights, giving them the ability to offer a 2025/26 salary up to $7.2MM (a 20% raise on last season’s $6MM salary). Few teams – and even fewer playoff contenders – still have the ability to offer more than that amount at this point in the offseason.

The Knicks are among the other teams that have done due diligence on Beasley’s situation, tweets Ian Begley of SNY.tv, though they could only offer a minimum-salary contract.

Free Agent Guard Malik Beasley Evicted From Apartment

Free agent shooting guard Malik Beasley was evicted from his apartment in Detroit on Wednesday, writes David Purdum of ESPN.com, citing court records.

As Purdum details, Beasley was sued two times by his landlord earlier this year for a total of $21,505 in unpaid rent. The first lawsuit was dismissed in March, but the 36th District Court in Michigan issued an eviction order in the second case after Beasley failed to respond.

Beasley’s social media accounts indicate that he has been traveling in Europe this summer, according to Purdum.

To put it mildly, it has been a tumultuous offseason for Beasley, who was expected to land a significant payday as a free agent after finishing third in the NBA in three-pointers made (3.9) and fourth in three-point attempts per game (9.3) last season. He knocked down a career-high 41.6% of his long-range looks in 2024/25 while appearing in all 82 regular season contests for the Pistons.

In addition to his eviction, Beasley is under federal investigation for allegedly gambling on NBA games during the 2023/24 season, when he was a member of the Bucks. He’s also being sued by his former marketing agency, Hazan Sports Management Group, which is seeking $2.25MM in damages and legal fees for breach of contract.

On July 1, The Detroit News detailed some of the 28-year-old’s other financial difficulties in recent years.

The Pistons still hold Beasley’s Non-Bird rights, but at this point it’s unclear if or when he’ll play in the NBA again.

Eastern Notes: White, Langdon, Beasley, Johnson, Jakucionis

The Celtics traded away two starters this offseason and Derrick White‘s four-year, $118MM extension has kicked in for 2025/26. But he was reasonably sure he wouldn’t be dealt, he told Chris Forsberg of the Celtics Talk Podcast (hat tip to Brian Robb of Masslive.com).

“I think every summer is pretty crazy, especially nowadays,” White said. “But I didn’t feel too worried about anything. My agent and Brad (Stevens) had been talking and all the other rumors and stuff, I wasn’t really too worried about. I mean, I feel like it’s cool to be wanted by other teams, but I wanted to stay in Boston, and I was glad they wanted to keep me.”

Here’s more from the Eastern Conference:

  • Pistons top exec Trajan Langdon admitted that the gambling investigation involving Malik Beasley news left them “not much time” to pivot,” Omari Sankofa II of the Detroit Free Press tweets. The Pistons pulled their three-year, $42MM offer to Beasley, an unrestricted free agent, when the news broke. “I was able to communicate with Malik and his agent Saturday, which was obviously right before we could start talking to free agents on Sunday,” Langdon said. “It was disappointing for us, because we were excited to get him back.”
  • Lottery pick Tre Johnson strives for greatness, which is one big reason why the Wizards are excited about his future, Josh Robbins of The Athletic writes. “I really don’t have too much of a life outside of basketball, and that was literally a choice up to me because of just how good I wanted to be,” Johnson said.
  • Kasparas Jakucionis, the Heat‘s first-round pick, had a rough time at the California Classic Summer League, Anthony Chiang of the Miami Herald writes. He score just 12 points on 1-of-15 (6.7%) shooting from the field, including 0-of-11 from three-point range, in his first three summer league games. However, he’s not panicking over his showing. “I think I need to just settle in more, play at my own pace, don’t get sped up too much as I was these three games,” Jakucionis said. “I didn’t feel myself in those games. But I think that’s normal. It’s a process, so I’m just happy to be here, happy to be able to learn from coaches, from other guys by working out, watching film and just understanding the game.”

Free Agency Notes: Yabusele, Knicks, Kings, Beasley, Turner

Guerschon Yabusele‘s two-year deal with the Knicks won’t use the full taxpayer mid-level exception, according to Stefan Bondy of The New York Post (Twitter link).

Yabusele’s slight discount will give New York the ability to fill out its 13th and 14th roster spots with one veteran-minimum contract and one rookie-minimum contract for one of the team’s (current or past) second-round picks while remaining below the team’s hard cap at the second tax apron.

[RELATED: NBA Minimum Salaries For 2025/26]

If Yabusele had received the full taxpayer mid-level, the Knicks would have been roughly $3.53MM below the second apron, so they could have signed one veteran-minimum player ($2.3MM) or one rookie-minimum player ($1.27MM), but not both until after the regular season began.

According to Bondy (Twitter link), Yabusele’s deal with the Knicks should still comfortably exceed the salary the Sixers offered him. Bondy says that Philadelphia’s offer – which Yabusele referred to as “really low” – as being worth the “$2.6MM minimum,” but the Frenchman’s minimum salary this season would actually be $2.4MM, so it’s possible Philadelphia went a little above that amount using his Non-Bird rights.

The 76ers likely didn’t want to hard-cap themselves by using any portion of their taxpayer mid-level exception before Quentin Grimes‘ restricted free agency is resolved.

Here are a few more notes and rumors related to free agency:

  • Reporting out of Sacramento earlier this week seemed to suggest the Kings were aggressively pursuing Warriors restricted free agent Jonathan Kuminga, but subsequent reports have suggested nothing is close on that front. According to Matt George of ABC 10 in Sacramento (Twitter link), while the Kings still have interest in Kuminga, they’d be content to complete their Dennis Schröder acquisition and Jonas Valanciunas and then bring that roster into next season. That roster would include both Malik Monk and Devin Carter, who have both been the subject of trade rumors.
  • While news of the federal investigation into Malik Beasley for gambling allegations didn’t go public until June 29, the NBA reached out to the Pistons “several” days before free agency opened to let the club know about it, per Mike Vorkunov, Jon Krawczynski, and James L. Edwards III of The Athletic. The two sides had been in talks on a three-year, $42MM contract that would’ve included a third-year team option, but it now seems unlikely that any team would move forward on a deal with Beasley until that investigation is resolved (assuming he’s cleared).
  • The Bucks‘ four-year, $107MM agreement with Myles Turner has been the most surprising deal of free agency so far. Eric Nehm of The Athletic takes a closer look at just what it means for Milwaukee, breaking down Turner’s fit with the team at both ends of the court. While Turner has a similar skill set to former starting center Brook Lopez, the former Pacer is younger, more athletic, and more mobile, which should allow him to make a greater impact than Lopez as a screener and defender, Nehm writes.