Thursday, July 16, 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

Mark Cuban Gearing Up for Lawsuit Over New Mavs Arena

Cuban seeks to prove Patrick Dumont unlawfully cut him out of opportunities.

WNBA’s 3-Point Contest Tickets Slightly Exceed All-Star Game

Caitlin Clark has yet to participate in a WNBA 3-Point Contest.
Jerry Colangelo sits courtside as the GCU Lopes play the Oklahoma State Cowboys at Mortgage Matchup Center on Dec. 6, 2025, in Phoenix, Arizona.
First at FOS

Las Vegas Jacks Have Been in the Works for Over a Year

The group paid $2,200 in fees to apply for the two trademarks.
podcast thumbnail mobile
Front Office Sports Today

7/16/26 – World Cup Final Set, Kawhi Probe, FanDuel VIP Scandal Deepens

0:00

Featured Today

Jun 16, 2026; East Rutherford, New Jersey, USA; France forward Michael Olise (11) controls the ball against Senegal during a Group I match of the 2026 FIFA World Cup at New York New Jersey Stadium

Where World Cup Stars Go to Customize Their Cleats

The world’s best players turn to a Scottish craftsman for perfect cleats.
July 10, 2026

What the World Cup Means to Erling Haaland’s Tiny Hometown

The tournament’s breakout star is from a rural Norwegian town.
July 10, 2026

Why So Many Media Outlets Are Rushing Into Sports

Sports coverage has ballooned in every corner of media.
Pillow Fight Championship
July 8, 2026

How Obscure Sports Get Mainstream TV Deals

For niche sports, getting on TV often matters more than getting paid.
ATLANTA, GA - September 05: Georgia Lottery fireworks after the game against the Seattle Mariners at Truist Park on Friday, September 5, 2025 in Atlanta, Georgia.
July 2, 2026

Inside the Spectacle and Science of MLB Fireworks

Postgame fireworks are lighting up baseball for America250.

The Most Powerful Lawyer in Sports Is Representing Paramount

Kessler is defending Paramount’s merger with WBD against antitrust claims.
FILE PHOTO: The company logo for Ticket reseller StubHub, is displayed on a screen during the IPO at the New York Stock Exchange (NYSE) in New York City, U.S., September 17, 2025.
July 14, 2026

StubHub CEO Sued for Ties to Hedge Fund That Resells Tickets

Up to 80% of tickets available on secondary sites are sold by ticket scalpers.
Gavel
July 14, 2026

Key Figure in Basketball Gambling Scandals to Plead Guilty in Poker Case

Shane Hennen is a defendant in three gambling-related scandals.
Sponsored

Clase Azul Tequila Founder’s Soccer Ownership

Arturo Lomeli talks about managing a tequila brand and two soccer clubs.
May 4, 2017; Columbus, OH, USA; The BYU Cougars against the Long Beach State 49ers at St. John Arena. Mandatory Credit: Joe Maiorana-USA TODAY Sports
July 13, 2026

Why Stephen F. Austin Volleyball Players Are Suing Their School

Both players were cut from the team following the 2025–26 season.
February 20, 2022; Cleveland, Ohio, USA; NBA great George Gervin is honored for being selected to the NBA 75th Anniversary Team during halftime in the 2022 NBA All-Star Game at Rocket Mortgage FieldHouse.
First at FOS
July 13, 2026

George Gervin Also Loses Initial Attempt to Trademark Iceman

“There are a lot of Icemens,” IP attorney Josh Gerben tells FOS.
Jan 17, 2025; Miami, Florida, USA; Miami Heat guard Terry Rozier (2) drives to the basket against the Denver Nuggets during the fourth quarter at Kaseya Center. Mandatory Credit: Sam Navarro-Imagn Images
July 8, 2026

Judge Deals Blow to Rozier’s NBA Comeback Bid

Rozier was arrested in October as part of the federal gambling probe.
July 7, 2026

Tennis Civil War Deepens As Two Groups Claim to Be Real PTPA

Dueling lawsuits have plunged a player advocacy group further into chaos.