Malik Beasley Current Contract and Salary
Malik Beasley is currently under contract with the Milwaukee Bucks as of the latest NBA offseason roster moves. His deal is a one-year veteran minimum contract worth approximately $3.3 million for the upcoming season, with a player option for the following year. The Bucks signed him to add veteran shooting depth and playoff experience to their backcourt rotation. His salary is fully guaranteed and counts against the team's salary cap, but it does not trigger the luxury tax due to the Bucks' current roster construction. This contract type is common for veteran shooters seeking a final championship push or a stable role on a contender. The structure includes standard NBA incentives for playoff appearances and All-Star selections, which can add modest bonuses if triggered. For more details on veteran minimum contracts and salary cap rules, see the official NBA CBA overview.
The Bucks acquired Beasley in a trade that sent a future second-round pick to the Minnesota Timberwolves, the team that originally drafted him in 2016. His current role is primarily as a spot-up shooter and backup guard, with expectations to space the floor for Giannis Antetokounmpo and the primary ballhandlers. The contract is structured to be team-friendly, with a base salary that aligns with the league's salary floor requirements for the season. No trade kickers or no-trade clauses are attached to the deal, giving Milwaukee full flexibility to move him at any point. His cap hit remains flat for the duration of the agreement, with no escalators based on performance metrics beyond the standard playoff bonuses. This makes the deal a low-risk, high-reward addition for a team targeting a deep playoff run. Additional context on salary cap mechanics and veteran minimums can be found on the NBA's official salary cap page.
Malik Beasley Career Timeline and Team History
Malik Beasley was selected 19th overall by the Denver Nuggets in the 2016 NBA Draft after a standout freshman season at Florida State. He spent three seasons with Denver before being traded to the Minnesota Timberwolves in 2019 as part of the Jamal Murray trade package. With the Timberwolves, he became a key starter and averaged over 17 points per game in his first full season, earning a four-year, $60 million max contract offer from the team. He later signed that deal and played two seasons in Minnesota before being traded to the Milwaukee Bucks in 2022. His time in Minnesota was marked by strong shooting numbers and a reputation as one of the league's best catch-and-shoot guards, though his tenure ended amid a trade that sent him to a contender. For more on his draft and early career, see his official NBA Draft profile.
After his time with the Timberwolves, Beasley joined the Bucks and played a supporting role during their 2021 championship run, though he was not on the roster for the Finals. He later signed a one-year deal with the Denver Nuggets in 2023, reuniting with former teammates and contributing as a veteran shooter during their playoff push. The Nuggets did not extend a long-term offer, and he subsequently joined the Bucks on a short-term contract. His career trajectory has been defined by high-efficiency three-point shooting, with a career three-point percentage above 38 percent across all seasons. He has played for four NBA teams, with his longest stint being three seasons in Denver and two in Minnesota. His current contract with Milwaukee represents a brief, low-commitment role on a championship-caliber roster. More details on his career stats and team history are available on his official NBA player page.
Malik Beasley Contract Impact and Financial Context
Malik Beasley's current contract with the Bucks is structured as a standard veteran minimum deal, which means it does not count against the team's apron or luxury tax threshold in a significant way. The NBA's salary cap for the current