Drew Brees: Scammed or an idiot?

Pretty bad look for Brees. Spending all your money on jewelery is 2000's NBA shite.

Why people would ever spend millions on jewelry is beyond me?

I'm not a millionare so I will never know.

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."

---

hey at least he'll probably keep playing past when he's actually done lol

Tom Brady would never be duped like this.

quote:

---

"Mr. Brees’s behavior and his belief that he was wronged because the jewelry did not appreciate in value as quickly as he hoped

---

quote:

---

and has dropped roughly $15 MILLION on some insane pieces

---

quote:

---

his collection is worth $9 MILLION less than he paid.

---

I don't think it's about the lack of appreciation, counselor.

Love him, but he's retarded here.

quote:

---

Tom Brady would never be duped like this.

---

yeah he just joined a cult.

What kind of moron thinks gaudy, custom made jewelry is a wise investment?

quote:

---

He should restrict his game-playing to the football field,

---

quote:

---

Go try to get even 1/2 of the value of a diamond engagement ring you may have purchased in the last 5 years. You won’t.

---

This is true. My buddy just got divorced and his wife agreed to give him the ring back because she cheated and they'd only been married a year. I wanna say he got just a hair over 50% of what he paid. However, insurance companies, at least mine (USAA), will give you full market value. My wife's rings are fully insured for what I paid for them. But yeah, it's simple economics. A jeweler is in the business of making money. They're not going to give you full price for your diamond when they're trying to make a profit when they sell it to someone else.