Malik Beasley’s name has been making headlines for both good and bad reasons in recent years
Despite the controversies, the sharpshooter has managed to revive his career and gain recognition from fans and fellow players since joining the Los Angeles Lakers.
Malik Beasley’s journey in the NBA has been one of highs and lows. Despite facing controversies and setbacks along the way, he has managed to overcome them and emerge as a successful player.
With his talent and dedication to the sport, he is sure to continue making waves in the basketball world for years to come.
In fact, even LeBron James himself has been impressed with Malik’s performance on the court, describing him as “a laser”!
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Table of Contents
Malik Beasley: Net Worth 2023
Malik Beasley has made a name for himself in the NBA and has earned a substantial net worth through his lucrative contracts and salaries.1
Let’s take a closer look at how the Lakers forward has earned his fortune.
Contracts and Salary
In November 2020, Malik Beasley signed a four-year contract worth $60,000,000 with the Minnesota Timberwolves. The contract guarantees him $43,475,894 at signing, and he will earn an average salary of $15,000,000 per annum.
The contract also includes a signing bonus of $300,000, and a team option can be activated for the 2023-24 season, which is worth $16,524,106 for the final year of his contract.
Before signing with the Timberwolves, Beasley had previously signed his rookie scale contract with the Denver Nuggets, which was worth $7,833,514 across four years.
The Nuggets exercised the team option for the 2018-19 and 2019-20 seasons, which guaranteed Beasley $3,327,960 at signing.
Net Worth
As of 2023, Malik Beasley’s net worth is estimated to be $6 million, which he has earned primarily through his NBA salaries and contracts.
His net worth is expected to increase significantly as he acquires the rest of his salary in the final year of his contract.
Don’t forget Utah!! ????️ pic.twitter.com/59pNUDvbWg
— Malik Beasley (@mbeasy5) December 21, 2022
Endorsements
While Beasley hasn’t signed with any renowned brands yet, he earns substantially from his endorsement deal with Nike.
The NBA star signed his first endorsement deal with Nike in 2016, after being drafted into the league. He has since sported the brand’s shoes, mostly featuring in the LeBron series.
Beasley has sported the Nike LeBron 15, 16, and 17, and has also featured in the Nike Hyperdunk 2017 on the court.
He has also sported Converse All-Star BB in recent years and was seen in Nike Zoom LeBron Soldier 10. Beasley’s lucrative deal with Nike has added to his net worth over time.
Malik Beasley’s net worth is expected to increase substantially as he continues to earn through his NBA contracts and endorsement deals.
While he may not have signed with renowned brands yet, his Nike deal has proved to be a substantial source of income. As Beasley’s career progresses, it will be interesting to see how his net worth grows.
Malik Beasley: NBA Journey
From Journeyman to Laker
Since being drafted by the NBA in 2016, Malik Beasley has played for several teams, including the Denver Nuggets, Minnesota Timberwolves, Utah Jazz, and now, the LA Lakers.
While he may have been a journeyman for some time, his talent as a sharpshooter has earned him a solid reputation among basketball enthusiasts.
With his success on the court, Malik Beasley has also amassed a considerable fortune through NBA salaries and endorsements. According to reports, his net worth in 2023 is estimated to be around $20 million, a testament to his skills and dedication to the sport.
Overcoming Controversies
Despite his success, Malik Beasley has had to overcome several controversies that have threatened to tarnish his reputation. In 2020, he made headlines for his scandal with Larsa Pippen, which caused quite a stir among fans and the media. Later that year, he was sentenced to 120 days in prison for threatening a family with a firearm.
However, Malik has managed to put these setbacks behind him and focus on his game. His move to the LA Lakers seems to have been a turning point in his career, allowing him to showcase his talents and gain the recognition he deserves.
Malik Beasley: Bio
Rising Basketball Star From Atlanta, Georgia
Malik Beasley, a rising star in the world of basketball, was born on November 26th, 1996, in the beautiful city of Atlanta, Georgia.2
From a young age, Malik had a keen interest in sports, participating in basketball, football, and baseball while studying in school. However, it was basketball that captured his heart, and he decided to focus on it when his family moved to Florida.
Early Life and Education
Growing up, Malik was one of three sports-loving children in his family. He represented his school in the National Championship for three years, proving himself to be an exceptional basketball player.
Malik’s impressive skills on the court led to him receiving a 100% scholarship to attend two different universities, and he ultimately chose to attend Florida State University.
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Professional Basketball Career
- After completing his college education, Malik Beasley turned his sights towards a career in professional basketball. In 2016, he was chosen in the first round of the NBA draft by the Denver Nuggets.
- The young athlete was awarded a four-year contract worth 8 million dollars, with a salary of approximately $2 million per year, as well as a $1 million signing bonus.
- Although his rookie season with the Denver Nuggets was relatively quiet, Malik quickly made a name for himself in his second season, becoming an integral part of the team.
- He worked hard to improve his skills and abilities, and his efforts paid off as he continued to make a significant impact on the court.
- Malik Beasley’s dedication to basketball and his love for the sport have made him one of the most promising young athletes in the game.
- His journey from playing in school championships to being a valued player for the Denver Nuggets is an inspiration to young athletes everywhere. As Malik continues to grow and develop in his career, there’s no doubt that he’ll become a force to be reckoned with in the world of basketball.
Malik Beasley: Daughter’s Birthday
On Malik Beasley’s instagram account, he shared a beautiful picture of his daughter.
View this post on Instagram
Malik Beasley: Career
Malik Beasley’s Journey to Becoming a Promising NBA Player
Malik Beasley is a young NBA player who has quickly made a name for himself in the league.3
Born in 1996 in Atlanta, Georgia, Beasley started playing basketball at a young age and quickly showed his talent on the court. In this article, we will delve into his career journey and how he made it to the NBA.
Beasley’s Early Career
As a freshman, Beasley played for Florida State University, where he was named to the Atlantic Coast Conference’s all-freshman team.
He had an impressive performance during the season and was ranked eighth in the conference in free throw percentage. Beasley’s performance caught the attention of NBA scouts, and in 2016, he declared for the NBA draft.
Making it to the NBA
Beasley was selected by the Denver Nuggets with the 16th overall pick in the 2016 NBA draft. He signed his rookie scale contract with the Nuggets in the same year and started his NBA journey.
Beasley appeared in two of the Nugget’s first seven games of the season but had his breakthrough game on the 10th of November, scoring 12 points.
Career Highlights
- During his rookie season, Beasley had multiple assignments with the Sioux Falls Skyforce of the NBA. Despite not getting many minutes on the court, Beasley kept working hard and honing his skills. In 2019, he had a career-high with 35 points in a win over Houston Rockets.
- This was a turning point in his career as he started receiving more playing time and recognition from his coaches and teammates.
- The following year, Beasley was traded to the Minnesota Timberwolves, where he had a fresh start. After the trade, he received the starting job, and his scoring drastically increased.
- In 14 games with the team, he averaged 20.7 points per game while starting all games. On the 27th of November, Beasley re-signed with the Timberwolves, showing his commitment to the team and his dedication to continue improving his skills.
- Malik Beasley is a promising NBA player who has had a remarkable journey to get to where he is today. From his early days at Florida State University to being drafted by the Denver Nuggets, Beasley has shown that hard work and dedication can pay off.
- He has faced numerous challenges, but he has always risen to the occasion and kept pushing himself to be better. With his talent and work ethic, Beasley has a bright future ahead of him in the NBA, and we can’t wait to see what he will achieve in the coming years.
Quick Facts
| Name: | Malik Beasley |
| Salary: | $1 Million + |
| Monthly Income: | $0.1 Million + |
| Date of Birth: | November 26, 1996 |
| Age: | 26 Yrs |
| Gender: | Male |
| Height: | 1.93m. (6’ 4”) |
| Weight: | 85 kg or 187 lbs |
| Profession: | American professional basketball player |
| Nationality: | American |
FAQ’s
Who is Malik Beasley, and what is his professional background?
Malik Beasley is a professional basketball player who currently plays for the Minnesota Timberwolves in the NBA.
He was drafted by the Denver Nuggets in the first round of the 2016 NBA draft, and played for them for over three seasons before being traded to the Timberwolves in February 2020.
What legal trouble has Malik Beasley been in recently?
In late 2020, Malik Beasley was arrested and charged with felony weapons possession and fifth-degree drug possession, following an incident at his home in Plymouth, Minnesota.
Beasley ultimately pleaded guilty to the felony charge, and was sentenced to 120 days in jail (with work release privileges) and three years of probation in February 2021.
How has Malik Beasley performed on the court during his NBA career?
Malik Beasley has been a solid contributor throughout his NBA career, averaging 10.6 points, 2.7 rebounds, and 1.3 assists per game as of the end of the 2020-21 season.
He had a breakout season in 2019-20 with the Timberwolves, averaging 20.7 points per game in 14 games after being traded to the team mid-season.
What is Malik Beasley’s personal life like?
Malik Beasley is married to Montana Yao, a model and social media influencer. The couple has one child together, and has been the subject of some media attention following Beasley’s legal troubles in late 2020.
Will Malik Beasley face any consequences from the NBA or the Timberwolves as a result of his legal issues?
As of the time of writing, the NBA has not announced any disciplinary action against Malik Beasley as a result of his legal issues.
However, the Timberwolves did suspend him for 12 games at the beginning of the 2020-21 season for his role in the incident that led to his arrest.
It remains to be seen whether the Timberwolves will take any further action against Beasley in the future.
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