Former NBA Guard Malik Beasley Faces Federal Gambling Probe, $60K Debt Lawsuits
Former NBA Guard Malik Beasley Faces Federal Gambling Probe, $60K Debt Lawsuits

Former NBA Guard Malik Beasley Faces Federal Gambling Probe, $60K Debt Lawsuits

News summary

Malik Beasley, currently under federal investigation for alleged gambling on NBA games, is facing significant financial troubles that have come to light amid the probe. Court records reveal that Beasley paid more than $60,000 to a Milwaukee barbershop and a Minnesota dentist after both businesses sued him for unpaid loans and services dating back to his time with the Milwaukee Bucks. His wages were garnished by the Detroit Pistons to settle these debts, which also include a $2.25 million lawsuit from a New York-based marketing agency for an unpaid advance. Additionally, Beasley has faced multiple lawsuits from landlords in Detroit and other creditors. Despite earning nearly $60 million over his NBA career and having a strong 2024-25 season with Detroit, Beasley's financial and legal challenges have put his free agency on hold, with his integrity also under scrutiny amid the gambling investigation. The NBA is cooperating with federal prosecutors as this case develops.

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