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Gambling Probe Stalls Malik Beasley’s Free Agency as Debts Mount

His potential three-year deal with Detroit is paused under the weight of recent civil judgments, an active federal gambling investigation

Overview

  • Federal prosecutors in the Eastern District of New York are examining unusual prop bets on Beasley’s 2023-24 Bucks games without lodging charges.
  • Negotiations on a three-year, $42 million contract with the Pistons have been suspended as his legal and financial status remains unresolved.
  • Hazan Sports Management Group has filed a breach-of-contract suit seeking $2.25 million over an unpaid $650,000 marketing advance.
  • Recent court judgments include unpaid debts to a barber and a dentist, prompting Beasley to pay more than $60,000 on July 2.
  • Beasley maintains the presumption of innocence as the investigation continues and his free-agency future hangs in the balance.