Pistons’ Malik Beasley had ‘financial issues’ prior to gambling investigation, per report
The Strait Piston Shooting Guardian Malik Beasley was classified as Available player n ° 14 of CBS Sports While the free agency was to start, but just one day before the opening of legal falsification, it was reported that Beasley was potentially in difficulty.
ESPN said the federal authorities investigated Beasley on game allegations In connection with the NBA matches and the propeller bets during the 2023-24 season, when he was a member of the Milwaukee Bucks. Beasley and the pistons were in talks on a new 42 million dollars over three years, according to ESPN. But these talks have of course stopped once the investigation was revealed and that Detroit would have accepted an 48 million dollars agreement over three years with Duncan Robinson (who, like Beasley, is known for his external shooting) on Tuesday.
Recently, ESPN discovered a trial brought in April by the former Beasley marketing agency, Hazan Sports Management Group. The pursuit requires $ 2.5 million in damages, and says Beasley had “financial problems” because he could not reimburse an advance of $ 650,000 this year.
A Hazan Sports lawyer wrote in the pursuit that the management group “has chosen to try its luck and make a substantial investment of time, efforts and resources in a player with known problems (including and in particular financial problems)”. Beasley was considered a client in November 2023, but he ended the agreement less than two years later.
Hazan Sports failed to recover a marketing advance of $ 650,000 once the agreement has been terminated, instead of receiving, “a little more than drops and dulls of sporadic and waves promises to repay the balance over time”.
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Last month, Hazan Sports asked for an extension in the pursuit in the hope of a settlement. Beasley had to collect this offseason after an average of 16.3 points per match in 2024-25, and reaching 319 3 points, which ranked second in the NBA.
In a statement in ESPN earlier this week, Beasley’s lawyer Steve Haney made sure to note that his client was not accused of a crime.
“An investigation is not a charge,” said Haney. “Malik has the same right of the presumption of innocence as anyone under the American Constitution. For the moment, he has not been accused of nothing.”
Regarding what triggered the investigation, ESPN reported that a leading sports book detected an unusual Paris activity on Beasley’s accessories from the beginning of 2024. In a match of January 31, 2024 between the Bucks and Portland Trail Blazers, the ratings on the record of Beasley less than 2.5 rebounds have evolved considerably before the game, passing from the sub-mail of action. Beasley recorded six rebounds that evening.
Beasley played for the pistons on a one -year contract of $ 6 million last season after achieving $ 2.7 million in one year with Milwaukee. According to Spotrac, Beasley won $ 59,948,525 during his nine -year career.
