Gone, the $42 million big contract is gone! NBA sharpshooter suffers huge losses

Insider Shams:Beasley is no longer a target in the gambling probe and might re-enter the free agent market.

It is worth mentioning that,Beasley was about to agree on a 3-year, $42 million extension with the Pistons, but the gambling controversy caused the deal to collapse, and other teams interested have halted talks...

An absurd drama resulting in huge losses.

Fortunately, Beasley likely won't struggle to find a job; over the past weeks, several teams have been in contact with his agent, making it highly probable he will return to the NBA next season, though not necessarily with the Pistons.

Born on November 26, 1996, Beasley is 28 years old, in the prime age for a basketball player. A 2016 first-round 19th pick, standing 1.93 meters tall as a guard, he averages 23.8 minutes per game in the NBA regular season, contributing 11.7 points, 2.8 rebounds, and 1.4 assists, shooting 39.1% from three on 2.5 attempts per game.

Last season, Beasley delivered his career-best performance, playing all 82 regular-season games with 18 starts, averaging 16.3 points, 2.6 rebounds, and 1.7 assists, and hitting 3.9 threes per game at 41.6% shooting; in the playoffs, he averaged 14 points, 2.5 rebounds, and 1.2 assists, shooting 33.9% from beyond the arc with 3.3 threes per game.

As a prime-year sharpshooter, Beasley nearly saw his NBA career ruined by the gambling scandal, losing the lucrative contract he was about to secure. But with the situation settled, his next step is to rebuild his reputation. Undoubtedly, he remains one of the hottest assets in today's free agent market.

Over a 9-year NBA career, Beasley has earned approximately $60 million in salary, with his highest annual pay being $14.39 million during the 2021-22 season with the Timberwolves. Had the Pistons’ $42 million extension gone through, his earnings would have surpassed $100 million, elevating his value to a new level. Sadly, there are no "ifs."

Regardless, Beasley has made plenty of money. So why were there reports of unpaid apartment rent, haircuts, and dental bills? It is said he is currently facing a financial crisis of $8 million!