Malik Beasley Faces $2.25M Suit Amid Federal NBA Gambling Investigation

NBA free agent Malik Beasley is facing a challenging offseason amid a federal investigation into alleged gambling on NBA games and a $2.25 million lawsuit filed by his former marketing agency, Hazan Sports Management Group. The agency claims Beasley breached a four-year exclusive marketing contract by terminating their deal early and failing to repay a $650,000 advance, citing his ongoing financial issues. Beasley was reportedly in talks for a lucrative three-year, $42 million contract with the Detroit Pistons, but those negotiations have paused due to the gambling investigation. Hazan Sports alleges they played a key role in revitalizing Beasley's career by securing his $6 million deal with the Pistons last season despite his previously known financial troubles. While Beasley's legal representation in the federal probe clarified he has not been charged, the civil suit is seeking damages and is currently in settlement discussions dependent on Beasley's financial liquidity. The outcome of both the investigation and lawsuit could significantly impact Beasley's free agency and future NBA career.