Malik Beasley, an NBA player under investigation in a federal gambling probe, had “financial issues” and struggled to pay back a $650,000 advance this year, according to a lawsuit filed by his former marketing agency. The suit, filed in April by New York-based Hazan Sports Management Group, seeks $2.25 million in damages and legal fees from Beasley for breach of contract.
Source: ESPN
Source: ESPN
What’s the buzz on Twitter?
Michael Scotto @MikeAScotto
Reporting on Myles Turner, Malik Beasley, Dennis Schroder, Nickeil Alexander-Walker, Caris LeVert, Duncan Robinson, Dorian Finney-Smith, Clint Capela, Luke Kennard, Landry Shamet. Trade talks on Nick Richards, Simone Fontecchio, Cam Whitmore on @hoopshype. hoopshype.com/lists/nba-inte… – 10:34 AM
Reporting on Myles Turner, Malik Beasley, Dennis Schroder, Nickeil Alexander-Walker, Caris LeVert, Duncan Robinson, Dorian Finney-Smith, Clint Capela, Luke Kennard, Landry Shamet. Trade talks on Nick Richards, Simone Fontecchio, Cam Whitmore on @hoopshype. hoopshype.com/lists/nba-inte… – 10:34 AM
Tom Haberstroh @tomhaberstroh
How the Malik Beasley federal investigation is not like Jontay Porter’s: tomthefinder.com/p/the-malik-be… – 6:27 PM
How the Malik Beasley federal investigation is not like Jontay Porter’s: tomthefinder.com/p/the-malik-be… – 6:27 PM
Paul Garcia @PaulGarciaNBA
Updated yesterday’s Spurs free agency article with the news that Day’Ron Sharpe will be an unrestricted free agent.
I also updated the Malik Beasley section after the allegations of gambling on games and prop bets have emerged.
open.substack.com/pub/thespotups… – 5:31 PM
Updated yesterday’s Spurs free agency article with the news that Day’Ron Sharpe will be an unrestricted free agent.
I also updated the Malik Beasley section after the allegations of gambling on games and prop bets have emerged.
open.substack.com/pub/thespotups… – 5:31 PM
Tom Haberstroh @tomhaberstroh
NEW POST AT THE FINDER: The Malik Beasley investigation. 5 Things that caught my eye: pic.x.com/x99XDiJQoo – 4:03 PM
NEW POST AT THE FINDER: The Malik Beasley investigation. 5 Things that caught my eye: pic.x.com/x99XDiJQoo – 4:03 PM
Lori Nickel @LoriNickel
From Jim Owczarski
Former Milwaukee Bucks guard Malik Beasley under investigation for gambling jsonline.com/story/sports/n… via @journalsentinel – 2:15 PM
From Jim Owczarski
Former Milwaukee Bucks guard Malik Beasley under investigation for gambling jsonline.com/story/sports/n… via @journalsentinel – 2:15 PM
Emiliano Carchia @Sportando
Detroit Pistons’ Malik Beasley under federal gambling probe sportando.basketball/en/detroit-pis… – 1:35 PM
Detroit Pistons’ Malik Beasley under federal gambling probe sportando.basketball/en/detroit-pis… – 1:35 PM
Michael Scotto @MikeAScotto
Sources: Pistons gauging trade market on Simone Fontecchio (expiring $8.3M). With Malik Beasley’s gambling investigation, Kings to pursue Dennis Schroder, if DET loses Tim Hardaway Jr, & a Fontecchio trade, DET may create $24M in space to pursue Nickeil Alexander-Walker & others. – 1:11 PM
Sources: Pistons gauging trade market on Simone Fontecchio (expiring $8.3M). With Malik Beasley’s gambling investigation, Kings to pursue Dennis Schroder, if DET loses Tim Hardaway Jr, & a Fontecchio trade, DET may create $24M in space to pursue Nickeil Alexander-Walker & others. – 1:11 PM
Vincent Goodwill @VinceGoodwill
NBA spokesperson Mike Bass to @YahooSports on the Malik Beasley: “We are cooperating with the federal prosecutors’ investigation.” – 12:50 PM
NBA spokesperson Mike Bass to @YahooSports on the Malik Beasley: “We are cooperating with the federal prosecutors’ investigation.” – 12:50 PM
StatMuse @statmuse
Malik Beasley last season:
— 16.3 PPG
— 3.9 3P
— 43.0 FG%
— 41.6 3P%
Broke the franchise record for most 3P in a season. pic.x.com/9h63h8eOuk – 12:48 PM
Malik Beasley last season:
— 16.3 PPG
— 3.9 3P
— 43.0 FG%
— 41.6 3P%
Broke the franchise record for most 3P in a season. pic.x.com/9h63h8eOuk – 12:48 PM
Kurt Helin @basketballtalk
U.S. District Attorney reportedly investigating Pistons’ Malik Beasley for betting on NBA games, prop bets
nbcsports.com/nba/news/u-s-d… – 12:48 PM
U.S. District Attorney reportedly investigating Pistons’ Malik Beasley for betting on NBA games, prop bets
nbcsports.com/nba/news/u-s-d… – 12:48 PM
Yossi Gozlan @YossiGozlan
The Malik Beasley development and Dennis Schroder potentially departing puts the Detroit Pistons in a prime position to pivot to cap space.
They’re currently projected with $16.9 million and have the $8.8 million room mid-level. – 12:04 PM
The Malik Beasley development and Dennis Schroder potentially departing puts the Detroit Pistons in a prime position to pivot to cap space.
They’re currently projected with $16.9 million and have the $8.8 million room mid-level. – 12:04 PM
Shams Charania @ShamsCharania
BREAKING: The U.S. District Attorney’s office is investigating Detroit Pistons guard Malik Beasley on allegations of gambling related to NBA games and prop bets, sources told ESPN. Serious development surrounding one of the top NBA free agents. pic.x.com/U0W1QONYva – 11:56 AM
BREAKING: The U.S. District Attorney’s office is investigating Detroit Pistons guard Malik Beasley on allegations of gambling related to NBA games and prop bets, sources told ESPN. Serious development surrounding one of the top NBA free agents. pic.x.com/U0W1QONYva – 11:56 AM
More on this storyline
An attorney for Hazan Sports wrote that the firm “elected to take a chance and make a substantial investment of time, effort, and resources in a player with known issues (including and especially financial issues)” when it took Beasley on as a client in November 2023. Beasley terminated the deal two years later on Feb. 27, according to the suit. Hazan Sports tried to recoup a $650,000 marketing advance “but received little more than drips and drabs of sporadic payments and vague promises to repay the balance over time,” the suit alleges. -via ESPN / July 1, 2025
Vincent Goodwill: But since the 2011 CBA, so many teams have changed since I want to say 16, especially with the Lakers now. 16. So you have to find all these new revenue streams and then gambling comes along and says, “Hey, we’ve been here this whole time. we are just waiting for you to come and embrace us. And they’re like, “Okay, cool. Fine.” You put the fail safes in the system. Here’s what happens. The league doesn’t catch this stuff. FanDuel catches this stuff because they can’t afford to lose money. They can’t afford to have their system compromised by insider trading by and large. So, if that were to happen, and neither one of us is indicting Malik Beasley here. Let’s be perfectly clear. It’s still it’s under investigation. -via YouTube / July 1, 2025
Shams Charania on Malik Beasley: The league is cooperating with the federal prosecutors. So the league, essentially, I mean this is a federal matter now, like this is this is in the hands of the courts now. Q. So does that mean? It’s a big enough amount of money that it’s federal, that it would be some sort of scheming, some conning somehow, how, why would it be? Is this the same as Jontay Porter as well? Charania: I mean, to my knowledge, it’s the same kind of district area in New York. I again don’t know how vast how big this one is in comparison to Jontay Porter, but the league has said at this point their measure is to work and cooperate with federal authorities. -via YouTube / June 30, 2025