NBA free agent Malik Beasley no longer target in federal gambling investigation: report

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While Malik Beasley's basketball future remains uncertain, his path back to the NBA should no longer be impeded by a federal probe stemming from alleged gambling tied to basketball games and prop bets during the 2023-24 season.

On Friday, ESPN reported that Beasley is no longer a focus of the Eastern District of New York's investigation. Attorneys Steve Haney and Mike Schachter provided the update to the outlet after stating they held multiple discussions with the Eastern District of New York.

"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."

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Malik Beasley looks on during a game against the Oklahoma City Thunder at Little Caesars Arena, March 15, in Detroit, Mich. Beasley is reportedly no longer the focus of a federal gambling investigation. (Nic Antaya/Getty Images)

Fox News Digital contacted the US. Attorney's Office for the Eastern District of New York for comment.

News concerning Beasley being under federal investigation surfaced in late June. Discussions on potential contracts with NBA suitors ceased just one day before NBA free agency officially kicked off, according to ESPN.

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At the time, NBA spokesperson Mike Bass acknowledged the probe and said: "We are cooperating with the federal prosecutors' investigation."

Former Detroit