Former Timberwolves Teammates’ Alleged Gambling Scheme Exposed in Federal Indictment
Former Timberwolves teammates Malik Beasley and Ed Davis face federal gambling charges; Beasley plans to change his plea.Summary
Malik Beasley and Ed Davis, who were teammates on the Minnesota Timberwolves during the 2020-21 season, are at the center of a federal gambling case. According to a 22-page indictment, Beasley accumulated multimillion-dollar gambling losses and Davis loaned him money to cover debts. In exchange, Beasley allegedly provided inside information about his intended performance in Milwaukee Bucks games during the 2023-24 season, which Davis shared with other gamblers. Text messages reveal Davis encouraging Beasley to bet and coordinating via Snapchat. Specific games against Charlotte and the Los Angeles Clippers are cited, with wagers generating significant profits. Beasley faces charges including sports bribery, wire fraud conspiracies, and money laundering conspiracy. He has indicated he will change his not-guilty plea and is negotiating a plea agreement, though no deal is finalized. Davis maintains his not-guilty plea. The investigation derailed Beasley's NBA career, causing a lucrative contract with the Detroit Pistons to collapse.
(Source：Heavy.)