Latest news with #MalikBeasley
NBC Sports
6 days ago
- Sport
- NBC Sports
The 'mystery' behind Beasley's gambling scandal
Pablo Torre joins the Dan Le Batard Show to discuss the latest developments into his deep dive into the FBI probe into Malik Beasley's alleged gambling scandal.
Yahoo
15-07-2025
- Business
- Yahoo
Former Detroit Pistons guard Malik Beasley previously faced millions in lawsuits
The most recent lawsuit against former Detroit Pistons guard Malik Beasley is just the latest in a string of financial trouble the NBA veteran has faced over the last few years. As first reported by ESPN, Beasley was sued by New York's Hazan Sports Management Group on April 20 for breach of contract related to missed payments on a $650,000 advance. Hazan Sports is seeking $2.5 million of relief, though a court filing released on June 11 shows they and Beasley are currently in settlement talks. Advertisement Court records show that's not the only lawsuit plaintiffs have recently filed against Beasley, with the veteran having been sued twice by a rental property in Detroit in 2025. He also faced two lawsuits in 2024 filed in Milwaukee County Court, totaling more than $60,000 in relief awarded to the plaintiffs. Beasley is also under a federal investigation related to unusual gambling activity surrounding a game he played with the Milwaukee Bucks on Jan. 31, 2024. The Pistons were reportedly gearing up to offer a three-year, $42 million contract to Beasley, who initially signed with the team on July 6, 2024, on a one-year, $6 million deal. Beasley had a resurgent year with the Pistons in the 2024-25 season, smashing the franchise record for 3-pointers made (319) and helping Detroit to its first playoff berth since 2019. Beasley wrote a piece in the Players' Tribune on April 17, just before the start of the 2025 playoffs, calling Detroit a "perfect fit" and expressing his desire to come back to the Pistons. Advertisement But that reunion may be in jeopardy with word of Beasley's financial and legal issues. Malik Beasley sued by Detroit property manager Detroit Pistons guard Malik Beasley celebrates a 3-point basket against the New York Knicks during the first half of Game 6 in an Eastern Conference playoff first-round series at Little Caesars Arena in Detroit on Thursday, May 1, 2025. Records from Detroit's 36th District Court show that Beasley and other occupants of a residence at The Stott, a downtown Detroit apartment located on Griswold St., were sued by Paperclip Properties LLC for non-payment of $14,150 of rent on March 6. Beasley did not show up to the hearing, though the case was later dismissed on March 31. However, Paperclip sued Beasley again on June 3 for non-payment of rent, this time for $7,355. Beasley once again failed to appear at the hearing when summoned, and the case is still ongoing. Advertisement Paperclip Properties LLC is a subsidiary of Bedrock Detroit, a real estate firm owned by Rocket Companies chairman Dan Gilbert. Beasley sued by Milwaukee-area barber, dentist Nov 30, 2023; Chicago, Illinois, USA; Milwaukee Bucks guard Malik Beasley (5) drives to the basket against Chicago Bulls guard Ayo Dosunmu (12) during the first half at United Center. Mandatory Credit: Kamil Krzaczynski-USA TODAY Sports Two separate lawsuits were filed against Beasley on Sept. 18, 2024, one by Milwaukee-area dentist Hassan Alshehabi (of Delicate Smiles LLC) and another by Milwaukee barber Rekar Jaff (of Cairo Cuts). Separate judges both ruled in favor of Alshehabi and Jaff on Jan. 22, with Beasley ordered to pay $34,389.70 to Delicate Smiles and $26,826.76 to Cairo Cuts. A garnishment notice on both rulings was placed on Feb. 7, meaning the payments were set to come out of Beasley's paychecks. Advertisement Beasley played with the Milwaukee Bucks in the 2023-24 season, playing in 79 regular-season games and leading the team in three-pointers made (224). Beasley sued by money lender The biggest known financial lawsuit against Beasley involves South River Capital, a Maryland-based company that specializes in lending money to athletes. South River sued Beasley in Baltimore County on Jan. 26, 2022, and was awarded $5.8 million in damages. The lawsuit was filed while Beasley was playing for the Minnesota Timberwolves, where he played from 2019-22. It is unclear how much money Beasley borrowed from South River, nor why South River sued. Advertisement Beasley was the No. 19 overall draft pick by the Denver Nuggets in the 2016 NBA Draft and has played on six teams over his nine-year career. According to Spotrac, he has made approximately $59.9 million in career earnings during his time in the NBA. Christian Romo can be reached at cromo@ This article originally appeared on Detroit Free Press: Former Pistons guard Beasley previously faced millions in lawsuits
Yahoo
15-07-2025
- Sport
- Yahoo
Pablo Torre dives into ex-Pistons guard Malik Beasley's gambling scandal – and it's crazy
Former Detroit Pistons guard Malik Beasley is still under a federal investigation for alleged involvement in a gambling scandal dating back to his time with the Milwaukee Bucks. The investigation relates to a surge in bets involving Beasley during a Bucks game against the Portland Trail Blazers on Jan. 31, 2024. Advertisement Though Beasley has not been charged with any crime, many questions remain about Beasley's potential involvement, the extent of the incident and whether Beasley could have been involved in other gambling-related incidents. So sports journalist Pablo Torre dove deeper into the story. In the most recent episode of the "Pablo Torre Finds Out" podcast released on Tuesday, July 15, Torre is joined by Yahoo NBA insider Tom Haberstroh and former NBA executive Amin Elhassan to discuss new findings surrounding gambling incidents related to former Toronto Raptors center Jontay Porter, Miami Heat guard Terry Rozier and Beasley. The findings revolve around Mustafa Omar, an NBA fan who posted on "X" about Beasley's involvement with gambling months before the investigation was launched. The episode weaves through stories with actor Denzel Washington, Larsa Pippen and former NBA star Carmelo Anthony, while providing an analytical investigation of Beasley's typical late-game performance. Advertisement MORE ON BEASLEY: Former Detroit Pistons guard Malik Beasley previously faced millions in lawsuits Though the episode doesn't reveal new information about the federal investigation or Beasley's other recently discovered financial troubles, it's an episode Pistons fans might find enlightening (or at least entertaining), especially with the report that the Pistons were "blindsided" about the investigation while preparing to offer Beasley a three-year, $42 million contract. The full PTFO episode can be found on YouTube and on typical podcast platforms. You can reach Christian at cromo@ This article originally appeared on Detroit Free Press: Pablo Torre does deep dive on Malik Beasley's gambling scandal
Time of India
08-07-2025
- Sport
- Time of India
Montana Yao throws subtle shade at ex Malik Beasley amid gambling probe
Malik Beasley is facing issues now (Image via instagram / @mbeasy5) NBA icon Malik Beasley is making headlines once more. His alleged involvement in gambling became the reason for an ongoing inquiry. According to a June report, he was the subject of a reported wire fraud investigation conducted by the FBI concerning gambling. He has received a lot of backlash on social media since the investigation started. Now, following this, his ex-wife, Montana Yao, took to her Instagram to react to the whole thing. Did Montana Yao blast Malik Beasley amid an FBI gambling investigation and a social media post? Montana Yao, Malik Beasley's ex-wife, posted a number of Instagram stories that appear to be a reaction to his most recent post. On Monday, the NBA player posted pictures of himself on Instagram. He captioned the post: 'The way I'm rewarded… well, that's God's decision.' Soon after this, his ex-wife seemingly took a jab at him by sharing a since-deleted statement on her Instagram story. She wrote: 'It always makes me laugh seeing a villain act like a victim… God doesn't reward mean-hearted, scamming, fake, deceitful, malicious, selfish, con artists, cruel, lying, stealing, using, a** Mfs.. I'll tell you that much. Man, I could keep going on that list but lemme stop...' The post was made in response to Malik Beasley's recent allegations. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like An engineer reveals: One simple trick to get internet without a subscription Techno Mag Learn More Undo According to ESPN, federal investigators are looking into his potential involvement in unlawful betting, gambling, and wire fraud. As per the same source, the accusations are related to his 2023–2024 season with the Milwaukee Bucks. They reportedly paid particular attention to "unusually heavy betting interest on Beasley's statistics" beginning in January 2024. The source further added that one or more major U.S. sportsbooks allegedly took notice of the action. Malik Beasley is a great player (Image via Instagram / @mbeasy5) Steve Haney, the player's attorney, told The Detroit News that the U.S. Attorney's Office for the Eastern District of New York is in charge of the probe. As per the outlet, he further said: 'It's a gambling investigation involving Malik. No criminal charges have been issued. It's nothing but an investigation, and Malik is entitled to the presumption of innocence.' Currently, the NBA is investigating whether Malik Beasley engaged in betting operations, which is prohibited by the league. The league forbids players from engaging in any kind of gambling, including game betting. He can be suspended or subject to worse repercussions if proven guilty. Also read: Kevin Durant and Steve Nash revealed big issues with small guards in modern NBA games Game On Season 1 continues with Mirabai Chanu's inspiring story. Watch Episode 2 here.
Yahoo
08-07-2025
- Business
- Yahoo
FBI Probes Detroit Pistons' Malik Beasley Over Wire Fraud and Illegal Gambling
Federal authorities are investigating former Detroit Pistons guard Malik Beasley's alleged involvement in wire fraud, gambling, and illegal prop betting, according to ESPN. The allegations stem from Beasley's time playing for the Milwaukee Bucks during the 2023-2024 season, sources told the outlet, with the focus on 'unusually heavy betting interest on Beasley's statistics' starting in January 2024. A gambling industry source shared that one or more prominent U.S. sportsbooks noticed the activity. Advertisement The 18-month investigation is being led by the U.S. Attorney's Office for the Eastern District of New York, Beasley's lawyer Steve Haney told The Detroit News. 'It's a gambling investigation involving Malik. No criminal charges have been issued. It's nothing but an investigation and Malik is entitled to the presumption of innocence,' Haney said, per the outlet. The investigation has reportedly resulted in the Pistons withdrawing a three-year, $42 million contract offer to Beasley. While on the court, it appeared Beasley was fairing well. The free agent has played for six teams throughout his nine-career in the NBA and has earned nearly $60 million, including his recent one-year, $6 million deal with the Pistons, according to Spotrac. However, behind the scenes, a different story unfolded. Advertisement In April 2025, Hazan Sports Management Group Inc. sued Beasley, alleging he failed to repay a $650,000 cash advance for marketing revenue from using his name, image, and likeness. Hazan made 'a substantial investment of time, effort, and resources in a player with known issues (including and especially financial issues)…when they took him on as a client and provided him with a substantial marketing advance in anticipation of helping Beasley become one of the premier players at his position,' the lawsuit reads, per The Detroit News. The company added that when Beasley allegedly fired the firm, '…(Hazan) made several attempts to collect the full amount of the marketing advance but received little more than drips and drabs of sporadic payments and vague promises to repay the balance over time.' The firm is now seeking a minimum of $2.5 million, alleging that he failed to uphold their contract agreement. Advertisement Additional claims against Beasley include a lawsuit from The Stott apartments, stating he owes $7,355 in unpaid rent, as well as a $26,827 judgment won by a celebrity barbershop, Cairo Cuts, that provided him with a loan. Dentist Hassan Alshehabi of Delicate Smiles also won a $34,390 default judgment against Beasley related to a loan. The Detroit News reports Beasley's financial troubles total more than $8 million. 'I have been with Malik for a long time, I have seen a lot of people around him come and go, but I have stayed away from any of his financial management or mismanagement or decisions he would make with money,' Haney told the outlet. Haney clarified that he doesn't handle his client's finances and noted that while his goal is to connect his clients with top business experts, it's ultimately the client's decision to seek guidance. Advertisement The post FBI Probes Detroit Pistons' Malik Beasley Over Wire Fraud and Illegal Gambling appeared first on AfroTech. The post FBI Probes Detroit Pistons' Malik Beasley Over Wire Fraud and Illegal Gambling appeared first on AfroTech.
