Drew Brees filed multi-million-dollar jewelry lawsuit

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Saints quarterback Drew Brees has made many millions on the football field. He’ll now try to make millions more in the courtroom.

Via TMZ, Brees has sued Vahid Moradi of CJ Charles Jewelry in San Diego. Brees claims that he has purchased roughly $15 million worth of jewelry, and that it was independently appraised at being worth $9 million less than the price Brees paid for the items.

One of the items — a diamond ring for which Brees paid $8.18 million — allegedly appraised for only $3.75 million.

Moradi’s lawyer contends that nothing improper occurred.

“Drew Brees aggressively purchased multi-million dollar pieces of jewelry,” Eric M. George told TMZ. “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.”

Brees can spend his money however he sees fit, and if he regards jewelry as some sort of investment, that’s his prerogative. Given the manner in which jewelers routinely (and dramatically) mark up their merchandise, however, it’s probably a good idea to get the independent appraisal before buying it, not after.

That said, there’s a chance that Brees did, and there’s a chance that there’s a lot more to this story. Absent a settlement, it’s a story that we’ll know about every step of the way, since it will be playing out via public filings, hearings, and ultimately a trial.

39 responses to “Drew Brees filed multi-million-dollar jewelry lawsuit

  1. Some attorneys will say “Mr. Brees, I don’t feel you have a case and would not want you to waste more money trying to pursue this”.

    Others will say “Mr. Bree$, I will gladly pur$sue thi$ agre$$ively and with every re$ource at my di$po$al!”

    I think maybe he came across the latter type.

  2. Wow. I really thought Brees would be smarter than the average NFL idiot who blows all his money on bling like a child. These guys are a menace to themselves.

  3. Brees got his chain “snatched”!

    Cash flow problems? OMG

    A decent paying wage is say $100,000 per year at which it would take 100 years of work to accumulate $10 million. Don’t feel sorry for your cash flow problems Drew!

  4. To the guy commenting above about Brees spending money foolishly, he probably bought them not so he can show off his “bling bling”, but as an easily portable nvestment rather than have all his money sitting idly in a savings account. Still, it seems he didnt handle it the best way, it was probably on the advice of his financial adviser or something.

  5. Drew, normally I would not take on a case like this for less that $5000/hr, but for you, only if you sign up now before leaving my office, I will charge you only $4000/hr. You can kind of look at it like an investment…

  6. Now each person can spend money as he/she pleases, but maybe this is why Brees was always a pain in contract talks. He spends 8 million dollars on a stupid ring.

  7. Man, I thought Brees was more of a modest living man. That’s what he has always portrayed himself as.

    Him purchasing an 8 million dollar ring is absurd even based on his 25 mill salary and makes me think less of him.

  8. Luckily Brees has made boatloads of cash. The dude seems to make awful money decisions regularly.

  9. Rob Brzezinski is a Magician says:
    April 3, 2018 at 1:13 pm
    I think Drew needs to be introduced to the phrase “caveat emptor
    ———————————————
    Agreed, but first….
    His Lawyer will milk a couple million in billable hours before introducing him to that fact..

  10. So he bought a bunch of stuff and paid much more than it’s worth so now he’s suing the guy from whom he bought it? Sounds like he should have thought about that before he bought it.

  11. Anyone else shocked at Brees stupidity here? My whole perception of him just changed, with a single click of a link. Idiot
    =========================================
    I didn’t know you were the judge, jury and executioner. Smh

  12. Drew Brees had cash flow problems? And then he went back and harassed the seller?

    No one believes this, right?

  13. broncosroe says:
    April 3, 2018 at 2:52 pm

    Anyone else shocked at Brees stupidity here? My whole perception of him just changed, with a single click of a link. Idiot

    ———————————————————————————————

    So your whole perception of him changed, based on a TMZ story with precious little details?

    Sounds pretty weak-minded honestly

  14. andreboy1 says:
    April 3, 2018 at 1:55 pm

    Man, I thought Brees was more of a modest living man. That’s what he has always portrayed himself as.

    Him purchasing an 8 million dollar ring is absurd even based on his 25 mill salary and makes me think less of him.

    ——————————————————————————————

    Just because he bought some rare diamonds doesn’t mean anything. If you had made $200 million you’d probably have made some investments too. It’s likely that some of them would’ve turned out to not be so good.

  15. Hey, when the little woman demands some expensive bling, what else are you going to do?

  16. Bree’s has always had some shady subplots in his past that would rear their ugly heads. The issue with his mother, the backstabbing of the former players medical at the previous cba and now this. This guy is showing signs of being a real dirtbag.

  17. Anyone else shocked at Brees stupidity here? My whole perception of him just changed, with a single click of a link. Idiot
    ———————————————————————————————
    So your whole perception of him changed, based on a TMZ story with precious little details?
    Sounds pretty weak-minded honestly
    =====================================================
    Exactly… Couldn’t have said it any better myself. Bunch of crybabies

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