Federal prosecutors in the Eastern District of New York have opened an investigation into Detroit Pistons guard and unrestricted free agent Malik Beasley over allegations that he wagered on NBA games and player-performance prop bets during the 2023-24 season, when he played for the Milwaukee Bucks. The probe began after at least one U.S. sportsbook flagged an unusual surge in betting on Beasley-related statistics, prompting a referral to law-enforcement officials, according to ESPN. The NBA said it is cooperating with the investigation. "An investigation is not a charge; Malik is afforded the presumption of innocence," Beasley’s attorney, Steve Haney, told multiple outlets. No charges have been filed, but if wrongdoing is proved the league could impose penalties up to a lifetime ban, mirroring sanctions levied on former Toronto Raptors forward Jontay Porter last year. The inquiry arrives at a delicate moment for Beasley, who averaged 16.3 points on 41.6% three-point shooting and made 319 threes for Detroit last season—second-most in the league. Detroit had been in advanced talks on a three-year, $42 million agreement to keep the 28-year-old sharpshooter, but those negotiations have been paused while the probe unfolds. The gambling case also draws fresh attention to Beasley’s finances. Court filings reviewed by The Detroit News show he faces roughly $8 million in outstanding debts, including a $2.25 million breach-of-contract suit from former marketing agency Hazan Sports Management and earlier judgments from a lender, landlord, barber and dentist. Beasley has earned about $60 million in NBA salary over nine seasons.