Malik Beasley is no longer a target of a federal gambling investigation this week, according to his attorneys, and could be one step closer to trying to find a new team for the 20

Beasley, 28, is a streaky shooter, but when he's on, he's as deadly as anyone in the league. Last season, he averaged 16.3 points in 27.8 minutes a game and shot 41.6% from 3-point range, which led to him finishing second in the voting for the Sixth Man of the Year award.

Ever since the Atlanta Hawks started making moves this offseason, there has been a lot of speculation about where they could finish in the upcoming NBA season.

Yet New York has also been cited as a team that could pursue Malik Beasley after ESPN reported Friday that Beasley is no longer the target of a federal gambling investigation. I'm told that the Knicks have maintained a level of interest in Beasley since the teams met in the first round of the playoffs in May and now the sharpshooter appears poised