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2d ago

Malik Beasley Grapples With Federal Gambling Investigation and New Civil Suit

Hazan Sports formally sued Beasley over a $650,000 marketing advance on July 1, triggering settlement talks.

DETROIT, MICHIGAN - MARCH 01: Malik Beasley #5 of the Detroit Pistons plays against the Brooklyn Nets at Little Caesars Arena on March 01, 2025 in Detroit, Michigan. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License. (Photo by Gregory Shamus/Getty Images)
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Malik Beasley passes the ball during a Pistons game this season.

Overview

  • Federal prosecutors in the Eastern District of New York are probing alleged 2023–24 season prop bets on Beasley’s performances, though no charges have been brought.
  • Detroit has put free-agency negotiations for a proposed three-year, $42 million contract on hold following reports of the investigation.
  • Hazan Sports Management’s April lawsuit claims it received only sporadic repayments and vague promises toward its $650,000 advance and seeks $2.25 million in damages.
  • A June 11 court filing requested extra time so Beasley and Hazan Sports could pursue a settlement before the NBA’s free-agency period.
  • The NBA is monitoring the probe alongside recent integrity cases, including Jontay Porter’s wire-fraud conviction and an earlier betting review of Terry Rozier.