Blog Entry

Money man: Beasley knew about illegal benefits

Posted on: October 29, 2011 4:20 pm
Edited on: October 29, 2011 6:06 pm
 
Posted by Ben Gollivermichael-beasley

"Yeah, it was dirty. But he knew it was dirty!"

That's what a Washington D.C. accountant has to say in response to a recent lawsuit filed by Minnesota Timberwolves forward Michael Beasley, who alleges that his former agent and AAU coach provided thousands of dollars in illegal benefits to Beasley and his mother before he entered the NBA.

Last week, we noted reports that Beasley was suing agent Joel Bell and coach Curtis Malone, accusing them of conspiring to represent him while he was still a teenager and providing his mother with cash and other favors, including moving her to Kansas so that she could be near him during his single season at Kansas State University.

Shortly thereafter, CBSSports.com's Wildcats RapidReports noted that a Kansas newspaper reported that George Holloway, a Washington, D.C. accountant, provided $11,200 to Fatima Smith, Beasley's mother, to cover her rent while she was in Kansas.

In a subsequent interview with the Washington Post, Holloway admits to being the money man but says that Beasley knew what was happening the whole time.
“I was just trying to be helpful,” Holloway said in a telephone interview. “They both couldn’t afford it. . . .In retrospect, I wish I hadn’t done a thing. But I didn’t have anything to gain from it.” 

“Beasley knew everything,” Holloway said. “His mother knew everything.”

“I’ve helped tons of kids, many of which never played college [basketball] or anything beyond high school, that I met through the D.C. Assault program,” Holloway said. “It was a give-back for me.”
Meanwhile, the Washington Post reports that Malone's attorney denies that his client set up the arrangement between Holloway and Smith. Holloway is on board with that, saying his financial relationship with Beasley's mother did not involve either Bell or Malone.
“The whole thing over this Beasley-Joel Bell thing, I don’t like either side of the argument,” Holloway said. “But I will tell you this: The truth of the matter is, as it relates to me, Fatima approached me directly. Michael approached me directly. And neither Joel, nor Curtis, had anything to do with any of it.”
Clearly, Holloway is prepared to take the fall for everything. And that makes sense. Of all the key players, he has the least to lose. He isn't an agent who wants to continue being an agent, he isn't an AAU coach that wants to continue to be an AAU coach, he isn't an NBA player whose shaky reputation is being put even further into question and he isn't Kansas State University, a program that could be subject to harsh NCAA sanctions given that everyone seems to agree that illegal benefits were given to Beasley's family. Assuming that Holloway only broke NCAA rules and not any laws, he should be able to continue life as an accountant once this all blows over. 

Related: Michael Beasley thinks NBA lockout negotiations are "kind of retarded"

Comments

Since: Sep 18, 2006
Posted on: October 29, 2011 5:54 pm
 

Money man: Beasley knew about illegal benefits

diebeasleydie, are you this much of a Drama Queen with everything or just Michael Beasley?  What complete exaggeration of everything... I am no fan of his but to say he is the biggest cancer in the history of sports is just plan stupid...
As for the mistake the Heat made, since he was on every teams draft board the year he came out I don't think the Heat did him a favor...  As long as someone thinks they can get his potential out, Teams will take a chance on him...

So tell us, did Beasley steal your wife/girlfriend when he was with the Heat? Has to be more than just dislike of a player to get so excited over a player...



Since: Apr 23, 2010
Posted on: October 29, 2011 5:39 pm
 

Money man: Beasley knew about illegal benefits

As a Heat fan, I can say this with facts to prove it... Michael Beasley is the biggest cancer in the history of all sports. Glad the Heat realized they made a mistake in drafting him second sooner rather than later. If it werent for the mistake the Heat made in drafting him, this kid would not be in the NBA instead, he would be out doing drugs which is the only thing he is good at. The Timberwolves need to get rid of him. They gave him a second chance but it was too much of one... there is no reason they or another team should take a chance on him.



Since: Jul 2, 2009
Posted on: October 29, 2011 5:36 pm
 

Money man: Beasley knew about illegal benefits

 Beasley was suing agent Joel Bell and coach Curtis Malone, accusing them of conspiring to represent him while he was still a teenager and providing him with money, cash and other favors, including movinghis mother to Kansas so that she could be near him during his single season at Kansas State University.


Michael has got big balls to even bring this to the attention of the pubic, he is suing someone for something that he probably initiated.  I understand that Michael knew he was a prima  athelete who was going to make big dollars in the NBA, but to sue individuals for trying to exploit him is totally ridiculous.  Michael exploited them before they got a chance to exploit him.  Moving mom to Kansas so she could be near her baby was probably Michaels idea in the first place.  Michael was just trying to take care of his mother as most atheletes tend to do, but now he is being contrary when he is attempting to sue individuals for taking advantage of him while he was a teenager, that is just a bunch of crock.  Maybe Michael should smoke a little less weed, and ideas like this won't be able to penetrate the cranium.  I clap loudly for Holloway who is willing to take the fall for everyone involved in this farce, I'm just curious how much was promised to him for taking the  fall for everyone.  M. Beasley is real piece of work trying to out think crooks, good luck with that  Michael, if you are in need of guidance please look up player like O.J. Mayo, John Wall and Brandon Knight, i'm sure they could provide expert assistance.    
     



Since: Dec 23, 2007
Posted on: October 29, 2011 5:26 pm
 

Money man: Beasley knew about illegal benefits

so he;s just another criminal in the league of criminals.... but hey they are on strike and as a group stand to lose 2 billiion dollars this year.. that sa lot of convenient store holdups for James and company...


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