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re: Brees sues San Diego jeweler

Posted on 4/3/18 at 3:19 pm to
Posted by lsupride87
Member since Dec 2007
94979 posts
Posted on 4/3/18 at 3:19 pm to
quote:

I’m no doctor, but between this and his other ventures, Drew could end up like Deuce rather quickly.


As of last year, on only contract earnings alone, brees has earned 181 million dollars over his career. Him ending up like deuce for dropping a mere drop in his bucket on some jewelry is silliness
Posted by The Pirate King
Pangu
Member since May 2014
57649 posts
Posted on 4/3/18 at 3:28 pm to
quote:

Him ending up like deuce for dropping a mere drop in his bucket on some jewelry is silliness


That’s why I said between this and his other ventures (JJ’s/Walk On’s/etc.)

181 million minus agents fees and taxes means he’s probably taking home about half of that. He’s probably earned about 100 million after taxes and fees (including endorsements) in his career. 15% of your career net earnings just on jewelry is quite a healthy chunk.
Posted by lsupride87
Member since Dec 2007
94979 posts
Posted on 4/3/18 at 3:31 pm to
quote:

He’s probably earned about 100 million after taxes and fees (including endorsements) in his career.
His assumed net worth is 130 million

quote:

15% of your career net earnings just on jewelry is quite a healthy chunk.
Percentages dont work in these extreme cases though. Spending 15% of your money, and having 85million left over isnt really a big deal or crippling
Posted by Chad504boy
4 posts
Member since Feb 2005
166210 posts
Posted on 4/3/18 at 3:34 pm to
quote:

15% of your career net earnings just on jewelry is quite a healthy chunk.



His jewelry still has millions of value, all isn’t lost of the 15 mill
Posted by LesnarF5
Member since Apr 2015
9219 posts
Posted on 4/3/18 at 3:55 pm to
I can't even relate to this stupid shite.
Posted by soccerfüt
Location: A Series of Tubes
Member since May 2013
65597 posts
Posted on 4/3/18 at 4:06 pm to
Irony:

From the linked story:
quote:

Brees is seeking at least $9 million in damages.


Posted by touchdownjeebus
Member since Sep 2010
24833 posts
Posted on 4/3/18 at 4:16 pm to
Dat color rush white is so damn tight!
Posted by CapperVin
Member since Apr 2013
10542 posts
Posted on 4/3/18 at 4:33 pm to
I guess Walk-On's should be on notice
Posted by Brightside Bengal
Old Metairie
Member since Sep 2007
3883 posts
Posted on 4/3/18 at 4:43 pm to
This seems so bizarre that drew would actually be into this. Late April fools gag or something?
Posted by TheBoo
South to Louisiana
Member since Aug 2012
4494 posts
Posted on 4/3/18 at 4:49 pm to
It's tough out here on the streets. Values keep dropping.
Posted by moneyg
Member since Jun 2006
56454 posts
Posted on 4/3/18 at 5:02 pm to
quote:

How are you going to buy an 8 million dollar ring without an independent appraisal. WTF Drew? Gotta be smarter than that.



Agree.

That's an amazingly stupid thing to do for a smart guy.
Posted by TigahJay
New Orleans
Member since Sep 2015
10551 posts
Posted on 4/3/18 at 5:04 pm to
I hope Brees has good security for his house... all the dindus in the city are going to want a piece of that collection now.
Posted by Chad504boy
4 posts
Member since Feb 2005
166210 posts
Posted on 4/3/18 at 5:06 pm to
It’s evidently barely worth the trouble haha
Posted by SelaTiger
Member since Aug 2016
17947 posts
Posted on 4/3/18 at 5:06 pm to
LOL Brittany is high maintenance. Between her and their dozen kids I guess it’s gettimg pretty expensive.
Posted by tigernnola
NOLA
Member since Sep 2016
3589 posts
Posted on 4/3/18 at 5:15 pm to
Ugh - I can see the stadium signs on the road now. Gonna test his sense
of humor.
Posted by pensacola
pensacola
Member since Sep 2005
4629 posts
Posted on 4/3/18 at 5:21 pm to
I told him a couple of years ago to put all of that in bitcoin.
Posted by Chalkywhite84
New orleans
Member since Dec 2016
27192 posts
Posted on 4/3/18 at 5:33 pm to
Yeah but am I the only one that never sees his wife in jewelry in pics.
I could be wrong but in the few pics I see of her here and there I never see her with big rings or earrings.
Something seems shady about this and I just can't buy that brews is that dumb.
There is something more to this that isn't coming out.
Why would he trust some shady jeweler just look at that guy.
Posted by Jake88
Member since Apr 2005
68115 posts
Posted on 4/3/18 at 5:59 pm to
quote:

That's an amazingly stupid thing to do for a smart guy.
Who said he's a smart guy? He can memorize plays and throw a football.

A jeweler marked up diamonds? Shocker! Every diamond I've bought, I've taken for an independent appraisal before I purchased it.
Posted by stelly1025
Lafayette
Member since May 2012
8506 posts
Posted on 4/3/18 at 7:35 pm to
If you were to buy jewelry at that price wouldn't you insure it? If you were to insure it wouldn't the insurance company require an appraisal before the sale would go through?
This post was edited on 4/3/18 at 7:36 pm
Posted by Tiger365
Atlanta, GA
Member since Sep 2013
984 posts
Posted on 4/3/18 at 7:59 pm to
If he was black...this board would be insane!
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