NBA guard Malik Beasley has been cleared by federal prosecutors in New York of any wrongdoing in a gambling investigation. The U.S. Attorney’s Office confirmed he is not a target and will not face charges.
Beasley had been in line for a three-year $42 million dollar contract with the Detroit Pistons before the probe derailed those talks. With his name cleared he is free to sign, but most insiders believe his options are now limited to short-term or minimum deals as the free agent market dries up.
Off the court Beasley continues to struggle. Just two weeks ago he was evicted from his Detroit apartment after failing to pay more than 21 thousand dollars in rent.
Court filings show he also owes hundreds of thousands of dollars in debts to a marketing agency, along with outstanding balances to a barber, dentist, landlord and a lender.
