Photo: YouTube

Detroit Pistons guard Malik Beasley is no longer a target in the federal gambling investigation led by the Eastern District of New York, according to a report from Shams Charania of ESPN.

Beasley’s attorneys, Steve Haney and Mike Schachter, confirmed to ESPN that prosecutors informed them their client is not being considered a target after months of inquiry into allegations tied to NBA betting.

“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.”

The news comes after Beasley was initially linked to suspicions of gambling on NBA games and prop bets during the 2023–24 season. The situation put his free agency in jeopardy, pausing contract negotiations with the Pistons at a critical time.

Beasley, 28, is coming off one of the best years of his career. He averaged 16.3 points per game while shooting 41.6% from three-point range in all 82 regular season appearances for Detroit.

The veteran sharpshooter played a key role in the Pistons’ 44–38 finish, which secured the franchise its first postseason berth since 2019. He continued to produce in the playoffs, contributing 14.0 points per contest and knocking down 3.3 threes over six games.

Detroit had been engaged in discussions on a three-year, $42 million extension with Beasley before the investigation surfaced. With his name cleared, those talks could resume as the team weighs keeping one of its most reliable floor spacers.

Beasley signed a one-year, $6 million deal with Detroit last offseason after stops in Denver, Minnesota, Utah, Los Angeles, and Milwaukee. His strong shooting and durability across nine seasons have positioned him as one of the top free agents available.