On August 24, 2025, Michael Scotto of HoopsHype reported that the New York Knicks and the Cleveland Cavaliers checked in on free agent guard Malik Beasley. Scotto added that Knicks executive Gersson Rosas, who signed Beasley to a four-year, $60 million contract with the Minnesota Timberwolves in 2020, is now in New York’s front office. Both teams have only minimum contracts to offer, and Scotto confirmed that Beasley is no longer a target of a federal investigation.