Malik Beasley is no longer a target of the federal gambling investigation conducted by the Eastern District of New York, his attorneys told ESPN on Friday, potentially reopening free agency for one of the NBA’s top shooters. The news comes as the basketball star is entering the final year of his contract with the Brooklyn Nets, with reports indicating that several teams are interested in acquiring his services.
Beasley’s legal situation has been a subject of speculation for months, as his name appeared in federal court documents related to an investigation into potential gambling violations. However, his attorneys have now clarified that he is not under investigation and has been cleared of any wrongdoing. This development could have a significant impact on his free agency, as teams may be more inclined to pursue him without the cloud of legal uncertainty.
With his career on the brink of a major decision, Beasley’s agents are reportedly working to secure a deal that would allow him to continue his basketball career at the highest level. The news that he is no longer a target of the investigation may also influence his market value, as teams may be willing to offer more competitive contracts in light of the cleared legal status.
As the NBA free agency period approaches, the basketball community is closely monitoring developments surrounding Beasley. His potential free agency could have a ripple effect on the league’s competitive balance, as his shooting ability makes him a valuable asset for any team looking to strengthen its roster.