New Orleans Saints quarterback Drew Brees is suing a jeweler who he said misled him on the value of jewelry he bought.
According to reports, Brees has bought $15 million worth of jewelry from Vahid Moradi over the years, but his collection was appraised to be worth $9 million less than Moradi claimed.
Brees is seeking at least $9 million in damages. Moradi operates the CJ Charles jewelry shop in San Diego.
Eric M. George, who represents Moradi, said the following regarding the lawsuit:
“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.”
Brees believes he was lied to when Moradi told him the jewelry he purchased was sure to appreciate in value.
Spotrac lists Brees’s career earnings in the NFL at over $194 million.