Former NBA players Malik Beasley and Ed Davis have been indicted on federal charges in connection with an alleged illegal sports betting and performance-fixing operation. The indictment, unsealed in Brooklyn on Monday, June 29, 2026, names six individuals in total, including an NBA player agent. According to prosecutors, the scheme involved Beasley intentionally tailoring his on-court performanceβ€”including points, rebounds, and other statistical categoriesβ€”to manipulate prop bets. Key details of the allegations include: * The Scheme: While playing for the Milwaukee Bucks in 2024, Beasley allegedly coordinated with his former Minnesota Timberwolves teammate, Ed Davis, to share his intent to overperform or underperform in specific games. Davis is accused of acting as a "gatekeeper," passing this information to co-conspirators who placed hundreds of thousands of dollars in wagers based on the tips. * Financial Motive: The indictment alleges that Beasley had accumulated millions of dollars in gambling losses and relied on the scheme to pay off debts. In return for fixing his performance, Beasley reportedly received bribes or had his debts to Davis reduced or eliminated. * Examples of Manipulation: Prosecutors cited several instances, including a March 10, 2024, game against the Los Angeles Clippers, where Beasley allegedly hustled for a late-game rebound specifically to clear a betting line. In another instance, he reportedly informed Davis he would underperform on rebounds in a January 26, 2024, game against the Cleveland Cavaliers, which resulted in a successful "under" bet for the conspirators. * Charges: The six defendants face charges including wire fraud conspiracy, bribery in sporting contests, honest services wire fraud conspiracy, and money laundering conspiracy. U.S. Attorney Joseph Nocella Jr. stated that the operation "turned professional basketball into a criminal betting operation" and undermined the integrity of the sport. Beasley’s attorney, Steve Haney, has stated that his client maintains his presumption of innocence and asked the public to reserve judgment. Beasley last played in the NBA for the Detroit Pistons during the 2024-25 season, while Davis has been out of the league since 2022. The case is part of a broader, ongoing federal investigation into illicit gambling within professional basketball that has already led to several other arrests over the past year.