Veteran NBA guard Malik Beasley, who was indicted earlier this year for federal gambling crimes, is revising his not-guilty plea.
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The former Detroit Pistons sharpshooter has agreed to plead guilty, according to The Athletic.
Beasley had been negotiating a plea deal with prosecutors from the US Attorney's Office for the Eastern District of New York. He informed the office that he will plead guilty, his attorney Steve Haney told the outlet.
Beasley will plead guilty in a Brooklyn federal court on Dec. 9.
The 29-year-old guard is the second active NBA player to plead guilty to charges that resulted from a federal investigation into gambling in the NBA.
The nine-year veteran allegedly manipulated his play, allowing several bettors to win prop bets on his statistics. He allegedly agreed to do so as a way to pay off a loan after falling into debt.
Several NBA Alumni Accused of Participating in Gambling Scheme
Ed Davis, a former Los Angeles Lakers forward, was charged in the same case as Beasley. The disgraced NBA veterans were teammates with the Minnesota Timberwolves and were each charged with four different counts.
Davis allegedly helped Beasley pay off a gambling debt and later invited him to participate in a gambling scheme.
Jontay Porter was the first NBA player to plead guilty. In July 2024, he admitted to his involvement in a separate but related gambling scheme. Porter is awaiting sentencing.
Beasley played nine seasons in the NBA and made roughly $60 million in salary. Per The Athletic, Beasley nearly signed a new $42 million deal after finishing second in the Sixth Man of the Year voting for the 2024-25 season. The offer was withdrawn after the gambling situation came to light.
Former Charlotte Hornets guard Terry Rozier also faces multiple charges in an unrelated gambling ring and has pleaded not guilty. Rozier is awaiting trial in February and is accused of removing himself from a game early so that his friends could win a prop bet.
Ex-Trail Blazers head coach Chauncey Billups and NBA assistant coach Damon Jones have been arrested as well in relation to an illegal poker ring.
