Beasley getting evicted from luxury Detroit high-rise
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Malik Beasley claps against the Cavaliers at Little Caesars Arena in March. Photo: Nic Antaya/Getty Images
Former Piston Malik Beasley is being evicted from a $7,000-per-month apartment in The Stott, a 38-story Art Deco skyscraper overlooking downtown's Capitol Park, court records show.
The big picture: His eviction case is just one of several financial problems that have come to light since ESPN reported in late June that Beasley is the subject of a federal gambling probe.
- He has not been charged with wrongdoing.
- The investigation has shelved negotiations between the Pistons and Beasley on a new multimillion-dollar contract.
- He played for Detroit last season on a 1-year, $6 million deal, setting the franchise record for most three-pointers in a season (319).
Zoom in: Despite earning nearly $60 million as an NBA player, Beasley's financial problems amount to more than $8 million for debts owed to a marketing company, to a lender that specializes in loans to pro athletes and to others, the Detroit News reported.
- He owes $23,220 to The Stott in unpaid rent and other costs, court records obtained by Axios show.
State of play: Beasley's landlord initially sued him for unpaid rent in March. That case was dismissed less than a month later and the landlord again filed suit in Detroit's 36th District court in June, court records show.
- The court entered a default judgment against Beasley on July 15 and the eviction order was filed Aug. 6.
What they're saying: "Obviously he's going through some tough times now," Beasley's attorney in the federal investigation, Steve Haney, tells Axios.
- Haney stressed that Beasley has not been charged. He said that people in Detroit should remember what a great Piston and teammate Beasley was.
- "It's unfortunate an allegation can have such dire consequences," said Haney, who is not representing Beasley in civil matters such as the eviction case.
Context: Dan Gilbert's Bedrock bought The Stott in 2015 and converted it into a high-rise apartment building. It was built in 1929 for the Stott flour mill company.
The latest: Beasley said in a social media post this week that he's getting ready for the upcoming season.
- "We gotta be prepared to come back to the Pistons, or, like I said, there's some other teams interested as well," Beasley said in a Snapchat video, per the Free Press.