Saturday, August 29, 2026
The FOS App Launches September 1 Pre-save on the App Store Today
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

Oct 23, 2024; New Orleans, Louisiana, USA; Detailed view of the Chicago Bulls logo against the New Orleans Pelicans during the second half at Smoothie King Center. Mandatory Credit: Stephen Lew-Imagn Images
Exclusive

Bulls Planning Analyst Rotation to Replace Late Stacey King

Robbie Hummel is among the names under consideration.
Patricof

Athletes Unlimited Founder: Why We Paused Basketball and Volleyball

Jon Patricof says the league is in “heavy investment mode” with softball.
Oct 8, 2025; Memphis, Tennessee, USA; Memphis Grizzlies forward Cedric Coward (23) drives to the basket as Boston Celtics guard RJ Luis Jr. (12) defends during the fourth quarter at FedExForum

College Basketball In Crosshairs of Pro-Athlete Eligibility Chaos

The Big 12, SEC, and ACC have extended bans to include basketball.
Exclusive

Union Head: NBA Players Have ‘Serious Problem’ With NBA Europe

Kelly also said the union is “no fan” of the second apron.
podcast thumbnail mobile
Front Office Sports Today

A Conversation on NBA Europe, the Next NBA CBA & More with NBPA Chief David Kelly

0:00

Featured Today

Deshaun Watson Has Done the Impossible: Unite Browns Fans

Watson was named the starter after complaining boos were “personal.”
August 23, 2026

Dan Snyder ‘Invisible’ in NFL Three Years After Commanders Sale

Snyder has had little to no contact with former NFL associates.
Soccer Football - Premier League - Arsenal v Burnley - Emirates Stadium, London, Britain - May 18, 2026 Arsenal's Kai Havertz scores their first goal past Burnley's Max Weiss
August 21, 2026

Why the Premier League’s Star-Power Shortage Doesn’t Matter

The world’s richest soccer league doesn’t rely on big stars to dominate.
August 12, 2026

Trendy Golf Hat Divide Is More Than a Fashion Fight

As golf has gotten trendier, so has the sport’s style.
Joey Spallina of the Maryland Whipsnakes
August 6, 2026

How Eye Black Became ‘War Paint’ on the Field

“You’re going into battle, doing something you only do on game days.”
Mark Walter, CEO of Guggenheim Partners, speaks during a reception hosted by U.S. President Donald Trump for the reigning Major League Baseball (MLB) World Series champion Los Angeles Dodgers in the Rose Garden at the White House, Washington, D.C., U.S., July 23, 2026.

Walter’s Company Says There’s No Fraud, No Victim, and No Fire Sale

TWG Global insists the Dodgers are not up for grabs.
Oct 19, 2024; Tucson, Arizona, USA; Colorado Buffalos head coach Deion Sanders against the Arizona Wildcats at Arizona Stadium. Mandatory Credit: Mark J. Rebilas-Imagn Images
August 21, 2026

Deion Sanders Facing Fraud Lawsuit Over ‘Prime’ Logo

A graphic designer is suing Sanders and multiple companies alleging false promises.
August 24, 2026

49ers Owner Arrested in Ohio

Jed York spent one day in jail.
Sponsored

Kerri Walsh Jennings’s Playbook for the Future of Volleyball

The former gold medalist talks NCAA, the Olympics, & investing in volleyball.
Nov 6, 2023; Tuscaloosa, Alabama, USA; Alabama guard Kai Spears (32) a walk on guard, takes a three late in the game at Coleman Coliseum. Mandatory Credit: Gary Cosby Jr.-USA TODAY Sports
August 21, 2026

New York Times Loses $9.25M Defamation Verdict to Ex-Alabama Player

The outlet called the inaccurate report “an honest mistake.”
The Delaware Life logo is seen on a web browser in this illustration taken on August 17, 2026.
August 20, 2026

Mark Walter Has Been Here Before. What Happens Next?

“There’s fraud here,” one expert tells FOS.
Golf - LIV Golf - United Kingdom - JCB Golf and Country Club, Uttoxeter, Britain - July 24, 2026 Crushers GC's Bryson DeChambeau in action as he hits a tee shot on the first hole during the second round
First at FOS
August 18, 2026

Production Company Sues LIV for $1.2M in Missed Payments

Fresh Tape managed logistics and on-site production for a LIV event in Florida.
August 14, 2026

MSG Gets Major Win in Ninth Year of Charles Oakley Legal Battle

A judge granted summary judgment in MSG’s favor.