Malik Beasley has established himself as one of the NBA’s most reliable three-point shooters, but his career has also been marked by legal challenges and controversy. After reviving his value with the Detroit Pistons during the 2025–26 season, the veteran guard became the subject of a federal gambling investigation that has cast uncertainty over his NBA future.
Here is everything you need to know about Malik Beasley’s NBA career, contract history, gambling indictment, jail record, and net worth.
Who Is Malik Beasley?
Malik Beasley is an American professional basketball player born on November 26, 1996, in Atlanta, Georgia. After one standout season at Florida State, he declared for the 2016 NBA Draft and was selected 19th overall by the Denver Nuggets.
Throughout his career, Beasley has played for several NBA franchises, including:
- Denver Nuggets
- Minnesota Timberwolves
- Utah Jazz
- Los Angeles Lakers
- Milwaukee Bucks
- Detroit Pistons
Known for his perimeter shooting and scoring ability, he became one of the league’s top role players and outside threats.
Malik Beasley NBA Career
Beasley entered the NBA as a promising young guard and gradually developed into one of basketball’s best three-point specialists.
Career highlights include:
- Selected 19th overall in the 2016 NBA Draft.
- Signed a four-year extension with the Minnesota Timberwolves after breaking out as a scorer.
- Played key rotational roles for the Bucks and Lakers.
- Enjoyed a career resurgence with the Detroit Pistons, becoming one of the NBA’s top long-range shooters.
- Finished among the league leaders in made three-pointers during the 2025–26 season.
His shooting consistency made him a valuable contributor wherever he played.
Malik Beasley Contract
Beasley has earned nearly $60 million in NBA salary throughout his professional career.
His notable contracts include:
- Rookie contract with the Denver Nuggets.
- Four-year, $60 million extension with the Minnesota Timberwolves in 2020.
- One-year deal with the Milwaukee Bucks.
- One-year contract with the Detroit Pistons.
Following his strong season in Detroit, Beasley was expected to receive a lucrative multi-year contract in free agency. However, contract talks reportedly stalled after news of the federal gambling investigation became public.
Malik Beasley Indicted in Gambling Investigation
In June 2026, federal prosecutors indicted Malik Beasley in connection with a sports betting investigation involving NBA player prop bets.
According to prosecutors, Beasley allegedly participated in a conspiracy involving:
- Manipulating player performance for betting markets.
- Receiving benefits connected to gambling debts.
- Coordinating with former NBA player Ed Davis and others.
- Influencing statistical outcomes during several NBA games.
Authorities have stated that the investigation focuses on player prop betting rather than altering game winners or final scores.
Beasley’s attorneys have denied the allegations, and the case remains pending. An indictment is a formal accusation and does not mean a person has been found guilty.
Did Malik Beasley Go to Jail?
Yes—but not because of the gambling investigation.
Beasley previously served jail time after pleading guilty in a separate 2020 criminal case involving threats of violence and firearm-related charges.
He received a 120-day sentence and served approximately 78 days during the 2021 offseason before returning to the NBA.
As of June 2026, he has not been convicted or sentenced in the federal gambling case.
Malik Beasley Net Worth
Malik Beasley’s estimated net worth is believed to be between $15 million and $20 million, although no official figure has been confirmed.
Despite earning nearly $60 million in NBA salary, reports have indicated that financial obligations, debts, and legal expenses may have affected his overall wealth.
What’s Next for Malik Beasley?
Before the gambling allegations surfaced, Beasley appeared positioned to secure one of the biggest contracts of his career after an outstanding season with Detroit.
Now, his NBA future remains uncertain as federal legal proceedings continue. The outcome of the investigation could also determine whether the NBA imposes disciplinary action under its gambling policies.
Frequently Asked Questions
Why was Malik Beasley indicted?
Federal prosecutors allege he participated in a sports betting conspiracy involving NBA player prop bets. The charges remain allegations, and the legal process is ongoing.
Did Malik Beasley go to jail?
Yes. He served approximately 78 days in 2021 for a separate criminal case unrelated to the current gambling investigation.
Which NBA teams has Malik Beasley played for?
He has played for the Denver Nuggets, Minnesota Timberwolves, Utah Jazz, Los Angeles Lakers, Milwaukee Bucks, and Detroit Pistons.
What is Malik Beasley’s net worth?
His estimated net worth is between $15 million and $20 million, though exact figures have not been publicly confirmed.
Conclusion
Malik Beasley‘s NBA career has been defined by elite three-point shooting and valuable contributions to multiple franchises. However, legal issues—including a previous jail sentence and the ongoing federal gambling indictment—have overshadowed his accomplishments. As the investigation moves forward, the outcome will likely determine both his future in the NBA and his long-term legacy.
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