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On August 2, 2018, Costello signed a deal with the Italian club Sidigas Avellino of the LBA.

On July 24, 2017, Costello signed a two-way contract with the San Antonio Spurs. Under a two-way contract, he divided time between the Spurs and San Antonio's G-League affiliate, the Austin Spurs. He made his NBA debut on November 12 during a blowout 133–94 win over the Chicago Bulls.

After going undrafted in the 2016 NBA draft, Costello joined the Atlanta Hawks for the 2016 NBA Summer League. On July 26, 2016, he signed with the Hawks, but was later waived on October 17 after appearing in two preseason games. He signed with the Memphis Grizzlies on October 20, but was waived again on October 24. Five days later, he was acquired by the Iowa Energy of the NBA Development League as an affiliate player of the Grizzlies.

Costello appeared in 39 games, starting six, averaging 7.0 points and 5.0 rebounds in 20.4 minutes. He shot .579 from the floor, ranking second among teammates with more than 100 field-goal attempts. Costello ranked 13th in the Big Ten in blocked shots overall (1.2 bpg) and seventh in Big Ten games (1.5 bpg). His 48 blocks rank as the seventh-best single-season total in MSU history. Costello managed to score in double figures in 11 games and grabbed double-figure rebounds in two contests. He posted two double-doubles vs. Loyola (11/21; 13 points, 11 rebounds) and Texas Southern (12/20; 17 pts., 10 reb.). Costello was a team leader in many categories and led MSU in scoring in two games and in rebounding in eight contests. He scored a career-best 17 points against Texas Southern (12/20) and scored 15 points against Arkansas-Pine Bluff (12/6). His season-high of 11 rebounds came against Loyola (11/21). He blocked two or more shots in 13 games, including a season-high four against Michigan (2/1) and Purdue (3/4). Costello grabbed seven or more rebounds in 14 contests, including five games with nine or more boards. He started the first six games of the season, then came off the bench for the final 33 contests. At the end of the year, he received Academic All-Big Ten honors. With Costello commanding the post, the Spartans were able to reach the 2015 Final Four.

As a junior, he averaged 19.8 points, 13.0 rebounds and 3.8 blocks as a junior, shooting 53.4 percent from the field and 72 percent from the foul line. Costello posted a school-record 19 double-doubles. He helped his team improve from 10-11 in 2010 to 24-3 in 2011, leading Bay City Western to Class A state semifinals for the first time in school history. His stats earned him MVP of Saginaw Valley Association. Costello averaged 16.7 points 11.8 rebounds, 3 blocks and 3 assists as a sophomore and set a school record with 14 blocks in a single game. In 2010 Bay City Times named him to the Dream Team and first-team All-Saginaw Valley League selection. He was a National Honor Society member.

Matthew Tyler Costello (born August 5, 1993) is an American professional basketball player for Herbalife Gran Canaria of the Liga ACB. He played college basketball for Michigan State.