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At the conclusion of his freshman season, Monk announced that he would forgo his final three years of collegiate eligibility and enter the 2017 NBA draft where he was projected as a first round selection.

On June 22, 2017, Monk was selected with the eleventh overall pick in the 2017 NBA draft by the Charlotte Hornets. On July 2, 2017, Monk signed his rookie scale contract with the Hornets. Monk would miss the entire 2017 NBA Summer League due to an ankle injury. In his fourth game on October 25, 2017, Monk recorded 17 points, 2 steals, and 2 assist in a 110-93 victory against the Denver Nuggets. On November 1, 2017, Monk scored 25 points in a 126-121 victory against the Milwaukee Bucks.

During his rookie season, Monk was assigned to the Hornets’ NBA G League affiliate, the Greensboro Swarm for one game. He scored 25 points, collected 8 rebounds and recorded 4 assists in a December 26, 2017 game. On February 26, 2020, Monk was suspended indefinitely for violating the NBA's substance use policy.

On March 11, 2016, Monk played his final high school game, scoring 19 points in a 59-49 loss in the 7A state championship to Cabot High School.

Monk was a consensus five-star prospect and ranked as one of the best players in the 2016 class by the four main recruiting services Rivals, ESPN, Scout, and 247 Sports. Monk was ranked as the No.9 overall player and No.1 shooting guard in the 2016 high school class.

On December 17, 2016, Monk set a University of Kentucky freshman scoring record with 47 points in a win over the University of North Carolina. Twelve days later, he scored 34 points on 5 for 7 three point shooting in a 99–76 win over Ole Miss. On January 21, 2017, Monk scored 27 points in a 85–69 win over South Carolina. On January 31, 2017 he scored 37 points against Georgia Bulldogs. On February 25, 2017, Monk tallied 33 points in a 76–66 victory over Florida. On February 28, 2017, Monk scored 27 points in a 73–67 win over Vanderbilt. At the end of his freshman season, Monk was named SEC Player and Freshman of the Year, while also being named to both First-team All-SEC and the SEC All-Freshman team.

Monk first attended East Poinsett County High School in Lepanto, Arkansas during his Freshman year. As a freshman, he averaged 22.8 points, 4.6 rebounds, and 2.7 assist per game while leading them to a (25-8) overall record and an appearance in the Class 2A state championship game. After his freshman season, Monk transferred to Bentonville High School in Bentonville, Arkansas. In his junior year, he averaged 26.6 points per game. In the spring and summer of 2015, Monk competed for the Amateur Athletic Union (AAU) team, Arkansas Wings Elite, on the Nike Elite Youth Basketball Circuit (EYBL) where he averaged 19.7 points per game. He then competed on the 2015 Nike Global Challenge for the East team, where he averaged 22 points, 12 rebounds, and four assist in addition to earning Tournament MVP honors. On November 18, 2015 Monk committed to Kentucky, choosing UK over Arkansas. As a senior, he averaged 28.6 points per game, 4.4 assist per game and 7.6 rebounds per game. In 2016, Monk played in the 2016 McDonald's All-American Game and Jordan Brand Classic where he earned Co-MVP honors alongside Kentucky teammate De'Aaron Fox.

On November 18, 2015, Monk tweeted that he would be attending the University of Kentucky.

Malik Ahmad Monk (born February 4, 1998) is an American professional basketball player for the Charlotte Hornets of the National Basketball Association (NBA). He played college basketball for the Kentucky Wildcats.