NBA Complimentary Agent Malik Beasley Sued By Previous Agency In Addition To Being
NEW YORK CITY (AP) - NBA free agent Malik Beasley, who is under a federal investigation concerning gambling allegations, is the defendant in a suit filed by his previous agency.
New York-based Hazan Sports Management Group sued Beasley in U.S. District Court for breaching a marketing contract on April 18, a day before he and the Detroit Pistons opened a first-round series in New York versus the Knicks.
ESPN was the first to report Tuesday on the claim.
Hazan Sports negotiated a $6 million, one-year contract for Beasley with the Pistons last summer. The shooting guard fired the agency in April and worked with Seros Partners, according to the lawsuit, despite a four-year exclusive marketing contract.
The company is requesting $1 million in damages, plus a $650,000 advance it provided him in addition to commissions and expenditures owed, according to the suit.
Both sides are dealing with a settlement, according to a June 11 filing.
A message seeking remark was left with the company. Beasley's lawyer is not discussed in the filings. His agent, Steve Haney, in the stated Tuesday he is not a part of the suit.
The U.S. Attorney's Office for the Eastern District of New York is investigating Beasley concerning gambling allegations tied to league video games.
"In 23 years of practicing law, I've had many clients federally examined who have never been charged," Haney stated. "Hope individuals keep that in mind and reserve judgement."
Porter ´ s restriction came after a similar examination into his performance and "prop bets" - wages where gamblers can pick whether a gamer will reach a particular statistical requirement or not during a video game. The Porter examination started when the league discovered from "certified sports betting operators and an organization that keeps track of legal wagering markets" about unusual betting patterns surrounding Porter ´ s performance in a video game on March 20, 2024, versus Sacramento.
The league identified that Porter offered a wagerer information about his own health status prior to that game and stated that another individual - understood to be an NBA wagerer - put an $80,000 bet that Porter would not hit the numbers set for him in parlays through an online sports book. That bet would have won $1.1 million.
Beasley signed last year with the Pistons, taking a 1 year agreement for $6 million in the hopes of cashing in this summer as a free representative.