Judge Rules Malik Beasley Owes $1 Million to Former Agency

Malik Beasley owes his former agency some money.

On Thursday, a New York federal judge ruled against the NBA free agent and found him liable for $1 million in damages plus interest to Hazan Sports Management, which previously represented the 29-year-old. 

Beasley left Hazan in February 2025, which the agency said was a breach of contract. Hazan sued Beasley in April 2025 and served the lawsuit at a Ritz Carlton hotel in downtown Manhattan shortly after the Pistons defeated the Knicks in the Game 2 of a first-round playoff series last year.

In the initial complaint, Hazan Sports said it tried to recoup $650,000 from Beasly for a marketing advance, but only received, “little more than drips and drabs of sporadic payments.” 

In her ruling, Judge Jeannette Vargas wrote that despite advanced notice, “no objections have been filed and no request for an extension of time to object has been made.” No attorney is listed for Beasley in the case docket and there are no filings from him over the course of the case. 

A nine-year NBA veteran, Beasley is currently unsigned and remains a subject of a federal gambling probe. He has yet to be charged or arrested in connection with the case.

The probe, however, has already led to the arrests of Trail Blazers coach Chauncey Billups, Heat guard Terry Rozier, and former player and assistant coach Damon Jones. Beasley is also under NBA investigation and has cooperated with the league, but not with the government’s probe, according to his attorney, Steve Haney. Federal investigators are reportedly focusing on a handful of games during Beasley’s tenure with the Bucks during the 2023–24 season in which at least one prominent U.S. sportsbook detected unusual prop bet activity, according to ESPN.

At a status conference in Brooklyn federal court on Wednesday, government attorneys said discovery in the case is ongoing, which could lead to additional defendants.  

In February, Beasley signed with Cangrejeros de Santurce of the Baloncesto Superior Nacional in Puerto Rico. The team is owned by rapper Bad Bunny. 

Neither Hazan Sports nor Haney immediately responded to requests for comment.