Any hope for Michael Beasley returning to the Portland Trail Blazers for Summer League this year was squashed Sunday after it was announced that the former No. 2 overall pick was signing a contract with the CBA’s Shanghai Sharks.
According to Shams Charania of The Athletic, Beasley is signing a seven-figure contract to rejoin the Sharks.
Sources: Former NBA No. 2 pick Michael Beasley is returning to professional basketball and will sign a seven-figure deal with the Shanghai Sharks of the Chinese Basketball Association.
— Shams Charania (@ShamsCharania) June 5, 2022
This is Beasley’s fourth stint in China after playing for the Sharks from 2014-15, the Shandong Golden Stars from 2015-16 and the Guangdong Southern Tigers in 2019.