The former NBA guard is working out a plea deal with federal prosecutors over a bribery and betting scheme tied to his own play.
Malik Beasley is negotiating a plea agreement with Department of Justice lawyers over his alleged role in a bribery and betting scheme, one of his attorneys confirmed Saturday. Reports now indicate Beasley plans to plead guilty.
The case centers on a scheme that profited off Beasley's own play on the court, putting his career earnings and reputation under scrutiny. Beasley made nearly $60 million in salaries during his career and had been set to sign a three-year, $42 million deal before he was charged.
Details of the plea terms, including specific charges and any sentencing recommendations, have not been disclosed. The case adds Beasley to a growing list of figures caught up in gambling-related investigations touching professional sports, with his standing in the league and his once-pending contract now very much in question.