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Malik Beasley is negotiating a potential plea agreement in a federal gambling case involving allegations that he altered his NBA performances to benefit bettors. The former Detroit Pistons guard’s attorney says no agreement has been finalized, according to Yahoo Sports’ Oct. 24 report.
The reports describe a pending federal criminal case, not a completed guilty plea. No West Virginia-specific regulatory or sportsbook access change was reported.
Plea negotiations remain unresolved
CBS News reported on Oct. 24 that Beasley’s attorney, Steve Haney, confirmed negotiations with the Department of Justice. Haney described the talks in a text message to The Associated Press as proceeding “with an expected direction in the coming days.”
Yahoo Sports reported that court records indicated Beasley intended to change his initial not-guilty plea, while Haney cautioned that an agreement had not been finalized. An intended plea change and a completed agreement are distinct developments; the supplied reporting does not establish that Beasley has entered a guilty plea.
Beasley initially pleaded not guilty in New York federal court in July, according to CBS News. The outlet reported that the charges include wire fraud conspiracy, bribery in sporting contests, honest services wire fraud conspiracy and money laundering conspiracy.
Prosecutors allege performance manipulation tied to debts
Prosecutors accuse Beasley of fixing or trying to fix his performance in games while playing for the Milwaukee Bucks in 2024, according to CBS News and usnews.com. Those allegations remain accusations, not findings of guilt.
The indictment alleges that bettors bribed Beasley and that debts he owed former teammate Ed Davis were reduced or eliminated. Both outlets reported that Beasley had borrowed money from Davis after gambling losses. Yahoo Sports reported that Davis has also pleaded not guilty.
The investigation also disrupted Beasley’s professional plans. According to Yahoo Sports, Detroit was preparing a three-year, $42 million contract to retain him, but negotiations collapsed after news of the federal investigation emerged in June 2025. The outlet reported that Beasley never signed that contract, so the figure represents a proposed deal rather than lost earnings under an executed agreement.
The next unresolved question is whether the negotiations produce a finalized agreement and a formal change of plea. The Oct. 24 reports did not establish either outcome.
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Sources: As reported by Yahoo Sports, US News & World Report and CBS News.
