- Oct 16, 2026
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Malik Beasley is revising his plea to guilty on federal gambling charges, with a formal plea hearing scheduled for December 9. The 29-year-old NBA guard was indicted earlier in 2024, with formal charges filed in June.
Prosecutors accused Beasley of participating in a scheme manipulating prop bets based on his statistics. He allegedly altered performance in four Milwaukee Bucks contests during the 2023-24 season. The scheme aimed to settle a loan after debt accumulated.
Beasley has played nine NBA seasons and earned roughly $60 million. He nearly secured a $42 million deal for the 2024-25 season following a second-place finish in Sixth Man of the Year voting. That $42 million offer was withdrawn once the gambling situation surfaced.
The NBA has faced several gambling scandals since widespread sports betting legalization. The NFL has avoided major gambling scandals since the 2018 Supreme Court decision enabling state-by-state sports wagering.
Source: ProFootballTalk - Wed Oct 28, 5:45 AM ET
Written by the SportsMafia Wire desk in our own words from the original reporting (AI-assisted, checked against the source).