Friday, June 5, 2026
Law

Judge Rules Malik Beasley Owes $1 Million to Former Agency

Beasley, who is also a subject in a federal gambling probe, was sued by his former agency for breach of contract.

Mar 30, 2025; Minneapolis, Minnesota, USA; Detroit Pistons guard Malik Beasley (5) reacts during the second quarter against the Minnesota Timberwolves at Target Center. Mandatory Credit: Matt Krohn-Imagn Images
Matt Krohn-Imagn Images

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.

This field is for validation purposes and should be left unchanged.

Sign up for
The Memo Newsletter

Get the biggest stories and best analysis on the business of sports delivered to your inbox twice every weekday and twice on weekends.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Jun 3, 2026; San Antonio, Texas, USA; New York Knicks guard Jalen Brunson (11) dribbles the ball past San Antonio Spurs guard Stephon Castle (5) in the first half during game one of the 2026 NBA Finals at Frost Bank Center.

NBA Finals Game 1 Viewership Is Highest Since 2019

Game 2 between the Knicks and Spurs is Friday.

Does Market Size Still Matter in the NBA?

This year’s Finals pits the biggest market against one of the smallest.
Apr 18, 2026; Los Angeles, California, USA; ESPN analysts Richard Jefferson (left) and Tim Legler (center) and play-by-play announcer Mike Breen during game one of the first round of the 2026 NBA Playoffs between the Los Angeles Lakers and the Houston Rockets at Crypto.com Arena.

ESPN’s Tim Legler: ‘I Don’t Think About Coaching Anymore’

Legler is making his NBA Finals broadcasting debut.
Dec 20, 2025; Oxford, MS, USA; Eli Manning former Mississippi Rebels quarterback and NFL star visits the field prior to a game against the Tulane Green Wave at Vaught-Hemingway Stadium.

Not ‘About Raising Prices’: Eli Manning Invests in Youth Sports

Manning discussed the Knicks’ playoff run and the Giants’ new coach.

Featured Today

Ai sports slop

How Sports Became Ground Zero for AI Slop

The category is the perfect breeding ground for AI content churn.
FILE PHOTO: Soccer Football - FIFA World Cup - UEFA Qualifiers - Group A - Germany v Luxembourg - Rhein-Neckar-Arena, Sinsheim, Germany - October 10, 2025 Germany coach Julian Nagelsmann
June 4, 2026

‘Weird Corners of the World’: How to Find a World Cup Coach

National associations look for a winning record—and also hope for serendipity.
June 3, 2026

The Elite High Schools Hosting World Cup Teams

Spain, Morocco, Croatia, and Switzerland chose schools as their tournament base camps.
Frances Cabral-Delaney
May 29, 2026

How Arsenal Fandom Went ‘Manic’

“People do not become Arsenal fans because it’s easy,” says Zohran Mamdani.
Oct 26, 2024; Charlotte, North Carolina, USA; Miami Heat guard Terry Rozier (2) drives the baseline against the Charlotte Hornets during the first quarter at Spectrum Center. Mandatory Credit: Nell Redmond-Imagn Images

Terry Rozier Rips Ruling That Blocked Most of $26.6M Deal

The former Heat guard says release conditions jeopardize his NBA future.
Mar 3, 2025; Miami, Florida, USA; Miami Heat guard Terry Rozier (2) warms up prior to the game against the Washington Wizards at Kaseya Center.
May 28, 2026

Feds Say Terry Rozier Took $70K Bribe in Sports Betting Case

Rozier’s attorney says it’s “all just a misplaced effort to make something stick.”
Mar 19, 2025; Sacramento, California, USA; Cleveland Cavaliers forward/center Tristan Thompson (13) responds to a fan during the fourth quarter Sacramento Kings at Golden 1 Center.
May 29, 2026

Tristan Thompson Sues After Crypto Company Ends His Deal Early

Thompson says the company promised him $2 million worth of tokens.
Sponsored

Landon Donovan: What Soccer in America Still Needs

Landon Donovan discusses the evolution of soccer in America and investing in the NWSL.
May 26, 2026; Oklahoma City, Oklahoma, USA; Oklahoma City Thunder guard Shai Gilgeous-Alexander (2) drives past San Antonio Spurs guard Stephon Castle (5) and Oklahoma City Thunder center Chet Holmgren (7) picks in front of San Antonio Spurs forward Keldon Johnson (3) during the third quarter in game five of the western conference finals for the 2026 NBA playoffs at Paycom Center.
exclusive
May 28, 2026

Underdog Stands by Shai Gilgeous-Alexander Promo

SGA’s attorney demanded Underdog “destroy” a board game poking fun at him.
Dec 13, 2025; Las Vegas, Nevada, USA; NBA on Amazon studio analyst Udonis Haslem during the NBA Cup semifinals at T-Mobile Arena. Mandatory Credit: Kirby Lee-Imagn Images
May 27, 2026

FTX Settlement Costs Udonis Haslem $420K

Haslem’s settlement is 77% less than Shaquille O’Neal’s.
Jan 13, 2025; Glendale, AZ, USA; Minnesota Vikings defensive coordinator Brian Flores against the Los Angeles Rams during an NFC wild card game at State Farm Stadium. Mandatory Credit: Mark J. Rebilas-Imagn Images
May 26, 2026

Supreme Court Won’t Tackle Arbitration Issue in Flores Case

The decision means Flores’s racial discrimination lawsuit can proceed to trial.
May 24, 2026

Padres Star Tatis on Hook for Millions After Legal Setback

A judge ruled the Padres star cannot void an arbitrator’s ruling.