Pacers Make Veteran Magic Sharpshooter a Top Free Agent Target
Pacers Exploring Potential Major Free Agent Signing with Veteran Sharpshooter
A surprising name has resurfaced in the free agency conversation as veteran shooting guard Malik Beasley becomes a late-market target. Earlier this summer, Beasley’s free-agent prospects seemed to be derailed when a federal investigation was launched regarding suspicious betting activity involving a rebound stat in a January 2024 game against the Portland Trail Blazers. However, after a thorough investigation, Beasley has been cleared of any wrongdoing, reopening his market value.
Beasley, who spent part of last season with the Milwaukee Bucks, was one of the league’s top long-range shooters, ranking second in three-pointers made with 319. He averaged 16.3 points per game on 41.6% shooting from beyond the arc, leading to a second-place finish in the Sixth Man of the Year voting, behind Payton Pritchard of the Boston Celtics.
With the investigation behind him, Beasley has regained interest from multiple teams, with ESPN’s Shams Charania and other sources reporting that several franchises, including the New York Knicks, are eyeing the 6-foot-4 guard. The Pacers are also reportedly considering Beasley, though no formal offers have been made by either team.
Pacers’ Potential Fit for Beasley
Although the Pacers have solid shooting options already on their roster, Beasley could provide valuable depth on a long-term deal, particularly as insurance if Bennedict Mathurin, who is extension-eligible next summer, departs in free agency. Beasley’s sharpshooting ability could complement Mathurin’s more well-rounded skill set, offering Indiana a more cost-effective alternative in terms of perimeter scoring.
While the Pacers currently have a full roster, they are likely to make room by moving players like James Wiseman and Tony Bradley, whose contracts are non-guaranteed, according to Brett Siegel of ClutchPoints. The Pacers could then use their cap flexibility to add Beasley and strengthen their lineup.
Indiana’s Financial Constraints and Future Outlook
Financial considerations may still play a crucial role in Indiana’s decision-making. With two-time All-NBA point guard Tyrese Haliburton out for the season due to a torn Achilles and the loss of starting center Myles Turner in free agency, the Pacers’ title hopes have been significantly impacted. The team currently has a $14.1 million disabled player exception and a $13.5 million non-taxpayer exception available, but they are about $6 million under the luxury tax threshold.
Despite these financial challenges, the Pacers could still find a way to secure Beasley without breaching the luxury tax, especially if they make roster adjustments before the 2025-26 season begins.
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