Malik Beasley Net Worth

What is Malik Beasley's net worth and salary?

Malik Beasley is an American professional basketball player who has a net worth of $60 thousand. A first-round pick in the 2016 NBA Draft, Beasley has played for several teams including the Denver Nuggets, Minnesota Timberwolves, Milwaukee Bucks, and Detroit Pistons. He enjoyed a breakout campaign with the Pistons in the 2024–25 season, finishing second in Sixth Man of the Year voting and setting a franchise record with 319 made three-pointers. However, Beasley's career momentum has recently been clouded by financial troubles and a federal investigation into alleged gambling and wire fraud, issues that may significantly impact his future in the league.

Early Life and Career Beginnings

Malik Beasley was born in Georgia and grew up in a family with athletic roots—his father, Michael Beasley Sr., played professional basketball overseas. Malik attended Saint Francis School in Alpharetta, Georgia, where he emerged as one of the top high school players in the country. He went on to play one season at Florida State University, averaging 15.6 points and earning ACC All-Freshman Team honors. His scoring prowess and athleticism led to his selection by the Denver Nuggets with the 19th overall pick in the 2016 NBA Draft.

NBA Career

Beasley saw limited playing time during his early years in Denver but gradually carved out a role as a reliable shooter. In the 2018–19 season, he averaged 11.3 points per game while shooting 40.2% from three-point range. In February 2020, Beasley was traded to the Minnesota Timberwolves, where he flourished immediately, averaging 20.7 points over 14 games before the season was cut short due to COVID-19.

He signed a four-year, $60 million extension with the Timberwolves in 2020 and continued to contribute, although off-court issues, including a 2020 arrest and suspension, impacted his reputation. Beasley later had stints with the Utah Jazz and Milwaukee Bucks before signing with the Detroit Pistons in 2024.

With Detroit, Beasley had a career-best season, averaging 16.3 points per game and hitting 41.6% from three. He was one of only three players in the league to make 300 or more threes during the regular season, joining Stephen Curry and Anthony Edwards.

Contracts, Salary & Career Earnings

Over his NBA career, Malik Beasley has signed contracts worth more than $59 million. His most lucrative deal was the four-year, $60 million contract with the Timberwolves, signed in 2020. After shorter stints in Utah and Milwaukee, Beasley signed a one-year, $6 million contract with the Detroit Pistons for the 2024–25 season.

Following his standout year in Detroit, the Pistons reportedly extended a three-year, $42 million offer to retain Beasley. However, that offer was quietly rescinded amid reports of a federal investigation into Beasley's alleged involvement in gambling activity related to NBA games.

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Legal and Financial Issues

Despite his on-court success, Beasley has faced persistent financial difficulties. According to legal filings unearthed by The Detroit News, in total, he's been sued or held liable for more than $8 million in debts to lenders, service providers, and landlords. Public records show that:

• He owes over $5.8 million to South River Capital, a firm that provides high-interest loans to athletes.
• A Minnesota dentist won a $34,390 judgment and began garnishing his Pistons paychecks in 2025.
• A celebrity barbershop in Milwaukee obtained a $26,827 judgment against him.
• He was twice sued by Bedrock Detroit, Dan Gilbert's real estate firm, for failing to pay rent at a downtown apartment building.
• Hazan Sports Management sued Beasley in April 2025 for breach of contract, seeking $2.25 million over an unpaid $650,000 marketing advance. He was served the lawsuit while staying at the Ritz-Carlton in New York, one day before helping lead the Pistons to a playoff win over the Knicks.

In addition to his debts, Beasley signed a bridge loan deal in 2024 pledging his current and future NBA contracts as collateral. His attorney has acknowledged the use of third-party lenders is common among athletes, but also warned of predatory terms.

Federal Gambling Investigation

Beasley is currently under federal investigation for suspected involvement in prop bet manipulation and wire fraud. The investigation reportedly focuses on the 2023–24 season, particularly a game between the Bucks and Trail Blazers in which betting activity spiked on a prop bet tied to Beasley's rebound total. Although Beasley did not underperform the betting line, the volume of bets drew scrutiny.

While no charges have been filed, the FBI inquiry has had immediate consequences: the Pistons backed away from their $42 million contract offer, and Beasley's career now hangs in the balance as the NBA and federal authorities determine whether his actions violated league rules or federal laws.

Personal Life

Malik Beasley has been a frequent subject of tabloid headlines due to his relationships and legal troubles. He was previously married to Montana Yao, with whom he shares a son. Their relationship made national news in late 2020 when Beasley was photographed holding hands with Larsa Pippen, the ex-wife of NBA legend Scottie Pippen, prompting a highly publicized split. Larsa is more than twenty years his senior.

Beasley and Yao briefly reconciled in 2022 before ultimately parting ways. In addition to his romantic entanglements, Beasley served jail time in 2021 after pleading guilty to a felony charge of threats of violence stemming from a 2020 incident outside his Minnesota home. He served 78 days in a workhouse while still under contract with the Timberwolves. Despite his legal and financial setbacks, Beasley has occasionally expressed his desire to be a better role model for his son and to grow from his past mistakes.

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