Federal authorities were investigating suspicious activity related to sports betting and prop bets, according to ESPN. These actions would have come during the 2023-24 NBA season, when Beasley was a member of the Milwaukee Bucks.

While Beasley may not be a target from a legal perspective, he is reportedly of interest for one of the Cavs' final two roster spots. That speculation could intensify given the news of Max Strus's broken foot which could keep him out of action into the new year. Beasley would slot in nicely as a shooting guard off the bench to fill Strus' role, but there is a distinct possibility his situation is not resolved for months -- plus a potential suspension remains in play.