Attorneys - Malik Beasley no longer target of gambling probe - ESPN

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.

Haney and Schachter told ESPN that they had extensive conversations and meetings with the Eastern District of New York and received determination on Beasley not being considered the target after allegations regarding gambling on NBA games and prop bets during the 2023-24 season.

«Months after this investigation commenced, Malik remains uncharged and is not the target of this investigation,» Haney told ESPN. «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.»

A spokesperson for the US. Attorney's Office for the Eastern District of New York declined to comment on the matter on Friday.

ESPN reported on June 29 that Beasley was under a federal investigation — which resulted in all of his free-agent negotiations and offers being halted one day before the official start of free agency. At the time, NBA spokesman Mike Bass said: «We are cooperating with the federal prosecutors' investigation.»

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 back, but that proposal evaporated after the franchise became aware of the federal investigation and other interested teams paused conversations with Beasley as well, sources said.

Several teams have maintained contact with Beasley's representation during the last few weeks about his status, sources said.

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