quote:
The New Orleans Saints QB has filed a lawsuit against Vahid Moradi -- who runs the CJ Charles jewelry shop in San Diego, the city where Brees began his NFL career.

Brees claims he's been buying jewelry from Moradi for years -- and has dropped roughly $15 MILLION on some insane pieces ... including watches, earrings and rings.

Problem is ... Brees claims he recently had his jewelry independently appraised and was told his collection is worth $9 MILLION less than he paid.

Moradi's attorney Eric M. George fired back...

quote:
"Drew Brees aggressively purchased multi-million dollar pieces of jewelry. Years later, claiming to suffer ‘cash flow problems,’ he tried to bully my client into undoing the transactions."

"Mr. Brees’s behavior and his belief that he was wronged because the jewelry did not appreciate in value as quickly as he hoped both demonstrate a lack of integrity and contradict basic principles of both economics and the law."

"He should restrict his game-playing to the football field, and refrain from bullying honest, hard-working businessmen like my client."

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Originally published on TigerDroppings.com

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UGATiger26•92 months

I mean, if you're rich, do whatever you want. But this is reason #47 why dropping $8 million on pretty much ANYTHING is dumb. WTF do you need an $8 million dollar ring for? The $1 million ring just doesn't do it for you?

randybobandy•92 months

I bought a Maxima from Benson Nissan for 30K, later when I traded it, the same dealer said it was only worth 15K. Who buys a 8 million ring for f%ck sake?

Fightin Okra•92 months

Thought he was better business man than to spend $8.0MM on a ring and not get it appraised before buying. And, why spend $8MM on a freaking ring unless it has super powers

HonoraryCoonass•92 months

What kind of businessman sells $15M worth of merchandise for $15M? Of course the stuff appraises for less than the purchase price! How else is a merchant spoasta make money?

Black n Gold•92 months

This case is a bit unique, but don't diamonds generally appraise for slightly more than the resale price?

baobabtiger•92 months

That is a huge amount of money, even for Brees. What a dummy.

jeff70121•92 months

Buying that much expensive jewelry is insane. I understand buying a Rolex, 2 ct. diamond, stuff like that...but 15 million? He should know better.

Amazing Moves•92 months

No way a guy named Vahid would ever do this.

catfish 62•92 months

lol what a dumbass

barry•92 months

Custom jewelry doesn't appreciate Brees. I mean if the jeweler told you it would, that's on you for being dumb.

tigbit•92 months

Saints should have had his jewler negotiating his new contact.

Placebeaux•92 months

Jewed Brees

deltaland•92 months

Jewelry depreciates and is overpriced big time, whether it's a 50 dollar bracelet or a million dollar ring

TigerStick•92 months

Diamonds don't depreciate.

JBearden•92 months

80% markup

Bustedsack•92 months

I would've expected every comment to be in favor of Brees, glad I was wrong.

El Campo Tiger•92 months

Vahid's business partner is named Efrain. I just think it's funny his lawyer used the word refrain when his client's name is Efrain.

TigerCoon•92 months

Come on, Drew. You got jewed by an A-rab.

Tactical Insertion •92 months

Hope the buttsecks with the mrs was worth it because it looks like the jeweler had his turn with Drew afterwards

tigerpawl•92 months

Caveat emptor. End of story.

DoubleDown•92 months

So that's why he needed more cash in this latest contract.

ForLSU56•92 months

I think the TMZ headline is misleading. Reading the article, I take it that DB spent a total of $15M on "several pieces" (dropped roughly $15 MILLION on some insane pieces ... including watches, earrings and rings) then had it appraised and the appraised value was $9M less than he had paid.

NoShow•92 months

Buyer Beware!!

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