Federal Prosecutors Indict Two Former NBA Players on Sports Gambling Charges

Federal prosecutors in the Eastern District of New York indicted former NBA players Malik Beasley and Edward Davis along with four others on charges of sports bribery, conspiracy to commit wire fraud, honest services fraud, and conspiracy to commit money laundering.

The indictment alleges Beasley was bribed to manipulate his performance in four specific games during the 2023-24 season to help co-conspirators win prop bets. Prosecutors said Beasley lost millions gambling during his career and altered his play to repay debts, with Davis described as his gatekeeper who provided loans in exchange for ensuring certain bets would win.

Text messages quoted in the indictment show co-defendants celebrating a rebound by Beasley that hit an over bet by 1.1 seconds. The scheme collapsed after the Brooklyn game when Beasley exceeded the instructed rebound total, prompting demands for repayment or further fixes.

Davis allegedly agreed to arrange additional fixes but backed out after news broke of a similar investigation involving another player.

Background and Aftermath Beasley, a nine-year NBA veteran, did not play in the 2025-26 season after his name surfaced in the investigation on June 29, 2025. A team abandoned plans to sign him to a three-year, $42 million contract. Davis last appeared in the NBA during the 2021-22 season.

Beasley and Davis are the fifth and sixth current or former NBA players to face federal indictment on sports gambling charges.

“An indictment is nothing but a probable cause one-sided charging document. It is not evidence and Malik maintains his presumption of innocence throughout this two-year investigation." — Steve Haney, Beasley's lawyer, via CBS Sports Beasley had a career season in the year after the alleged scheme, averaging 16.3 points per game and making 319 three-pointers on 42 percent shooting.”