Two more former NBA players have been pulled into the federal gambling investigation that has hung over the league for the past year.
Malik Beasley and Ed Davis were indicted Monday on charges tied to an alleged sports betting scheme, prosecutors at the U.S. Attorney’s Office for the Eastern District of New York announced. The indictment, returned in Brooklyn, names six defendants.
Prosecutors allege Beasley manipulated his own on-court performance to help a betting ring cash prop bets, with Davis acting as his go-between.
Beasley, a nine-year veteran, has not appeared in an NBA game since the allegations first surfaced last summer. He is expected to surrender to authorities this week.
How prosecutors say the NBA gambling scheme worked
According to the indictment, Beasley ran up millions of dollars in gambling debt across his NBA career. Davis allegedly loaned him money, then helped him work it off by shaping bets the ring could win.
The alleged fixing covered four games in the 2023-24 season, when Beasley was with the Milwaukee Bucks and Davis was already out of the league.
In a January 2024 meeting with the Cleveland Cavaliers, Beasley scored just three points. Other wagers targeted his rebound totals against the Los Angeles Clippers and the Brooklyn Nets.
Prosecutors say the scheme came undone in the Nets game, when Beasley failed to land on the right side of his rebounding prop.
Beasley, Davis and four co-defendants — including Davis’s former agent, Paolo Zamorano — face charges of sports bribery, wire fraud conspiracy, honest services fraud and money laundering conspiracy. U.S. Attorney Joseph Nocella Jr. said the operation involved hundreds of thousands of dollars.
Beasley’s attorney, Steve Haney, has maintained his client’s innocence, telling The Athletic: “We’ll review the indictment and the charges vigorously, and maintain Malik’s innocence.”
The charges add to a widening federal investigation that has already swept up several basketball figures — among them Jontay Porter, Terry Rozier and Damon Jones.
Beasley sat out the entire 2025-26 season as the inquiry played out, having lost a reported three-year $42 million offer from the Detroit Pistons when his name first emerged.
READ MORE:
Ex-NBA guard Terry Rozier accused of taking $100K bribe in a massive scam
