Malik Beasley of the NBA sued for $ 2.25 million from the sports agency for violation of the contract, an alleged loan not paid in the midst of the probe of federal gambling
The NBA guard of Free Agent Malik Beasley, which is the subject of a federal investigation into gambling, was also sued by a sports agency that has used for an alleged violation of the contract.
The cause was presented by Hazan Sports Management Group. According to the cause obtained by Michigan Live and Espn, Beasley was unable to repay Hazan’s sports for an advance in cash of $ 650,000. The cause requires $ 2.25 million in damage and legal expenses from Beasley.
Announcement
Hazan Sports claims to have tried to recover $ 650,000 since Beasley resolved his contract with the agency on February 27. For the cause, the agency saw “little more than drips and panoramic sporadic payments and vague promises to repay the balance over time”.
The cause states that in Beasley’s signature, Hazan Sports “chose to take the opportunity and make a substantial investment of time, efforts and resources in a player with known issues (including and above all financial issues)”.
The cause was presented in April but re -emerged in the wake of a federal gambling probe in Beasley which was reported on June 29th. For Espn, “at least an important US Sportsbook has noticed unusual betting patterns on Malik Beasley Prop Bets starting from January 2024.”
Beasley’s 42 million dollars contracts waiting for the gamble probe
The probe on gambling was reported on the eve of the start of the NBA free agency. Beasley played last season with a 6 million dollar contract with the Pistons and became a free agent.
Announcement
For Espn, Beasley was in question with the Pistons with a three -year contract of $ 42 million. These discussions have been waiting after the news of the probe on gambling is broken, according to Espn. Beasley remains without a new contract.
On June 11, a lawyer for Hazan Sports asked to extend the cause to allow the parties to work on an agreement in anticipation of Beasley who signs a new contract, according to Espn.
From Espn:
A potential agreement was based on Beasley’s financial liquidity, “which is directly related to the beginning of the National Basketball Association (” NBA “) free agency period,” wrote the lawyer.
The gambling probe dates back to Beasley’s time with dollars
Beasley, who played for Detroit Pistons last season, was playing for the Milwaukee Bucks at the time when the alleged unusual betting patterns on his performance were reported. Beasley was not accused of a crime, according to Beasley Steve Haney’s lawyer.
“An investigation is not a debit,” Haney said to Espn. “In Malik he has the same right to the presumption of innocence as anyone else under the Constitution of the United States. Starting now, it has not been accused of anything.”
Announcement
Beasley did not face the investigation into gambling directly or the cause with the media. The NBA faced the investigations in a declaration.
“We are collaborating with the investigations of the federal prosecutors,” said the spokesman for the NBA Mike Bass in a note.
Malik Beasley is the subject of an investigation into the federal gambling and a civil case in search of $ 2.25 million. (Ap photo/julia demaree nikhinson, file)
(Associated Press)
The cause also accuses Beasley of having violated the provisions of exclusivity in his contract with Hazan Sports taking on a new marketing agent 15 months after he was signed in November 2023.
For Spotrac, Beasley has a career earnings of $ 59.5 million during his nine -seasons NBA career.
Beasley is not the first NBA player to be subject to an investigation into gambling. Former Toronto Raptors Reserve Jontay Porter received a prohibition of life from the NBA in 2024 after an investigation by the League has established that “he violated the rules of the League revealing information reserved for sports bettors, limiting his participation in one or more matches for bets and betting on the NBA games.