NBA Rumors: Malik Beasley, Warriors, Jonathan Kuminga, Wolves, Heat, Nets

Free agent guard Malik Beasley remains in limbo, as relayed by NBA insider Jake Fischer of The Stein Line.

His lawyers told ESPN that he’s no longer the target of a federal gambling investigation, but subsequent reporting indicates he’s still a subject — meaning he could still face legal exposure. The NBA is also expected to conduct its own review.

Per Fischer, the Cavaliers, Knicks, Timberwolves and Pistons have all checked in with Beasley’s camp. None of them has gone further than exploratory talks, with uncertainty around his availability.

If cleared, Beasley is believed to be seeking more than the veteran minimum. Of those four teams, only Detroit — his former squad — currently has the flexibility to offer him such a deal.

Kuminga standoff rippling across market: Jonathan Kuminga’s ongoing impasse with the Warriors has stalled other signings. Fischer reports the Warriors are waiting to finalize deals with Al Horford, De’Anthony Melton, Gary Payton II and second-rounder Will Richard until the Kuminga situation is resolved.

The holdup has also impacted free agents like Malcolm Brogdon, who continues to draw interest from the Warriors, Knicks and Timberwolves.

Fischer notes No. 52 pick Alex Toohey could be a draft-and-stash candidate since he wasn’t mentioned in the Warriors’ immediate plans.

Timberwolves working on Hyland deal: Minnesota is “actively trying to work through the financial details” on a new contract for Bones Hyland, per Fischer. Hyland is no longer eligible for a two-way slot, so a partially guaranteed or non-guaranteed deal looks possible as the Wolves balance their books.

Heat still seeking Rozier exit: Miami continues to shop Terry Rozier, who is also linked to the federal betting probe. Interest is described as “scant,” with Fischer adding that the Heat are open to buyout scenarios if nothing materializes on the trade front. Nothing is close for now.

Nets may flip Highsmith: Don’t get too attached to Haywood Highsmith in Brooklyn. The Nets plan to stockpile more assets and could re-shop the forward once he’s trade-eligible again on Dec. 15, Fischer reports.

Highsmith is recovering from knee surgery and expected to miss the start of the season, but his $5.6 million salary is almost a perfect fit into the taxpayer mid-level exception, making him an easy trade piece if he plays well later this year.