Michael Beasley net worth: Michael Beasley is an American professional basketball player who has a net worth of $10 million dollars. Michael Beasley was born in Prince George's County, Maryland, and played basketball for the immensely successful youth team the PC Jaguars. He went on to attend six high schools, playing exceptional basketball at all of them. His senior year, he was named to the McDonald's All-American team, and won the All-American MVP Award. He was also listed as Rivals.com's No. 1 college recruit in 2007. He went on to attend Kansas State University for one year, where he was quickly recognized as one of the best college players in the country. He became only the second Kansas State University player to earn All-America honors from the Associated Press. He chose to enter the draft after his freshman year, and was selected by the Miami Heat. He was named to the NBA All-Rookie First Team his first year with the Heat. He played for the Miami Heat until 2010. He then spent two years with the Minnesota Timberwolves, and one season with the Phoenix Suns. He has had numerous run-ins with the law due to marijuana possession and physical altercations, and is currently without a team.