Overview
- U.S. District Judge Jeannette A. Vargas entered a default judgment after adopting a magistrate’s recommendation when no objections or extensions were filed.
- The award totals $1 million plus pre-judgment interest of $246.58 per day from March 27, 2025, and post-judgment interest under federal statute.
- The suit from Hazan Sports alleged Beasley breached their agreement and failed to repay a $650,000 marketing advance after leaving the agency in February 2025.
- Beasley has not been charged in the federal gambling probe, the NBA’s separate investigation remains open, and he recently signed with Puerto Rico’s Santurce club owned by Bad Bunny.
- Court records and reports detail additional financial pressures, including wage garnishment from a dentist, Detroit rent disputes and eviction, and a large loan judgment from South River Capital.