DrDawkinstein Posted April 3, 2018 Share Posted April 3, 2018 $8Million on ONE RING! Suing a former jeweler because his jewelry collection, which he was using as an "investment", didnt appraise well. IMO, Brees sounds like an idiot here. http://www.tmz.com/2018/04/03/drew-brees-8-million-diamond-ring-lawsuit/ Link to comment Share on other sites More sharing options...
Guest K-GunJimKelly12 Posted April 3, 2018 Share Posted April 3, 2018 If he spent $15 million on jewelry, I agree that is idiotic. Link to comment Share on other sites More sharing options...
jr1 Posted April 3, 2018 Share Posted April 3, 2018 the jeweler preyed upon his self-esteem issues Link to comment Share on other sites More sharing options...
KDIGGZ Posted April 3, 2018 Share Posted April 3, 2018 He deserved to get ripped off. That's embarrassing to spend that much on jewelry. Kobe did when he cheated on his wife because he had to. What's Brees' excuse? Link to comment Share on other sites More sharing options...
DrDawkinstein Posted April 3, 2018 Author Share Posted April 3, 2018 9 minutes ago, kdiggz said: He deserved to get ripped off. That's embarrassing to spend that much on jewelry. Kobe did when he cheated on his wife because he had to. What's Brees' excuse? If he was like "I spent $15M on gifts because I could!" that would STILL be better than "I spent $15M on jewelry because I thought it was a good way to invest that money" And if I'm paying $8M for a ring, Im going to bring in my own outside appraiser FIRST! Heck, I brought in an appraiser when I paid $150k for a house. $8M, you better believe Im double checking everything. Brees is dumb. 3 1 Link to comment Share on other sites More sharing options...
crack Posted April 3, 2018 Share Posted April 3, 2018 for his wife? i ain't saying she a gold digger... 2 Link to comment Share on other sites More sharing options...
Virgil Posted April 3, 2018 Share Posted April 3, 2018 How are you scammed when you overpay? If so, I have a lawsuit waiting for a lot of retailers 3 Link to comment Share on other sites More sharing options...
Mark Vader Posted April 3, 2018 Share Posted April 3, 2018 Brees should go back to making more of those commercials of his kid kicking the football again. Link to comment Share on other sites More sharing options...
DrDawkinstein Posted April 3, 2018 Author Share Posted April 3, 2018 1 minute ago, crack said: for his wife? i ain't saying she a gold digger... No! Not even for his wife. As an investment! 1 Link to comment Share on other sites More sharing options...
Reed83HOF Posted April 3, 2018 Share Posted April 3, 2018 His own fault imo... Link to comment Share on other sites More sharing options...
mead107 Posted April 3, 2018 Share Posted April 3, 2018 Should have bought Meadcoins 1 2 Link to comment Share on other sites More sharing options...
JMF2006 Posted April 3, 2018 Share Posted April 3, 2018 7 minutes ago, DrDawkinstein said: If he was like "I spent $15M on gifts because I could!" that would STILL be better than "I spent $15M on jewelry because I thought it was a good way to invest that money" And if I'm paying $8M for a ring, Im going to bring in my own outside appraiser FIRST! Heck, I brought in an appraiser when I paid $150k for a house. $8M, you better believe Im double checking everything. Brees is dumb. Doesn't matter it would still be worth 50% of face value. Jewelry is a stupid losing investment,blue chip stocks,gold or real estate make much better investments unless your buying the Hope Diamond (or what ever is biggest now) Link to comment Share on other sites More sharing options...
BuffaloRush Posted April 3, 2018 Share Posted April 3, 2018 It sounds like he got swindled by a high-end diamond jewler...go figure! Also how could he have financial issues with the money he’s made? To my knowledge he doesn’t have any high-profile divorces or legal settlements, so if he has issues it’s because of many situations like this Link to comment Share on other sites More sharing options...
Doc Posted April 3, 2018 Share Posted April 3, 2018 9 minutes ago, crack said: for his wife? i ain't saying she a gold digger... I assume the ring was big enough to hide the birthmark he had removed from his face. I keed, I keed. Link to comment Share on other sites More sharing options...
LABILLBACKER Posted April 3, 2018 Share Posted April 3, 2018 There's much better ways to invest 15M than jewelry. Wouldn't expect Brees to do something this dumb? Link to comment Share on other sites More sharing options...
DriveFor1Outta5 Posted April 3, 2018 Share Posted April 3, 2018 (edited) 2 minutes ago, LABILLBACKER said: There's much better ways to invest 15M than jewelry. Wouldn't expect Brees to do something this dumb? Sometimes I think that most football players shouldn’t even attempt to invest. Too many of these guys just don’t have the brains. Edited April 3, 2018 by DriveFor1Outta5 Link to comment Share on other sites More sharing options...
SouthNYfan Posted April 3, 2018 Share Posted April 3, 2018 21 minutes ago, crack said: for his wife? i ain't saying she a gold digger... She ain't messin' with no broke... Link to comment Share on other sites More sharing options...
major Posted April 3, 2018 Share Posted April 3, 2018 He could have rebuilt most of the 9th ward in Nola with that ring Link to comment Share on other sites More sharing options...
OldTimeAFLGuy Posted April 3, 2018 Share Posted April 3, 2018 43 minutes ago, K-GunJimKelly12 said: If he spent $15 million on jewelry, I agree that is idiotic. ...touche'......done pretty good scamming Saints annually with his demands and crimping cap space......."Me Brees"..... Link to comment Share on other sites More sharing options...
mead107 Posted April 3, 2018 Share Posted April 3, 2018 He would still have his 15 million had he invested with me. Link to comment Share on other sites More sharing options...
OldTimeAFLGuy Posted April 3, 2018 Share Posted April 3, 2018 2 minutes ago, mead107 said: He would still have his 15 million had he invested with me. ...thus ZERO ROI on the $15 mil?......there's a deal............... Link to comment Share on other sites More sharing options...
mead107 Posted April 3, 2018 Share Posted April 3, 2018 3 minutes ago, OldTimeAFLGuy said: ...thus ZERO ROI on the $15 mil?......there's a deal............... Better than losing 8 million ✏️✏️?? Link to comment Share on other sites More sharing options...
Heitz Posted April 3, 2018 Share Posted April 3, 2018 For the record, diamonds are forever. That said, whenever I'm buying any ring over $6MM, I always get at least three appraisals... Link to comment Share on other sites More sharing options...
Max Fischer Posted April 3, 2018 Share Posted April 3, 2018 How is jewelry an investment? Land, stocks, bonds, beanie babies but not jewelry. Link to comment Share on other sites More sharing options...
row_33 Posted April 3, 2018 Share Posted April 3, 2018 1 hour ago, Virgil said: How are you scammed when you overpay? If so, I have a lawsuit waiting for a lot of retailers if you are rich enough you can get your original investment back i've worked on matters for rich people who got all their investment back from real estate and other ventures that went sour it wouldn't work for anyone else though... they have ways and means to get things hopping immediately. Link to comment Share on other sites More sharing options...
OldTimeAFLGuy Posted April 3, 2018 Share Posted April 3, 2018 ...two words.....cubic zirconia.............. Link to comment Share on other sites More sharing options...
Augie Posted April 3, 2018 Share Posted April 3, 2018 The good news for Drew? Not a big % hit to his net worth.... Link to comment Share on other sites More sharing options...
Sharky7337 Posted April 3, 2018 Share Posted April 3, 2018 Karma for being a cheapskate and not tipping waiters. Link to comment Share on other sites More sharing options...
Buffalo Ballin Posted April 3, 2018 Share Posted April 3, 2018 1 hour ago, LABILLBACKER said: There's much better ways to invest 15M than jewelry. Wouldn't expect Brees to do something this dumb? Yep. He could have bought his own film equipment and made porn with $40K let alone $15 million. Link to comment Share on other sites More sharing options...
Blokestradamus Posted April 3, 2018 Share Posted April 3, 2018 1 hour ago, DrDawkinstein said: No! Not even for his wife. As an investment! Justis had the best take on this. Link to comment Share on other sites More sharing options...
BuffaloTX Posted April 3, 2018 Share Posted April 3, 2018 Could of put that money into Bitconnect. Wasa wasa wasuppp!!! Link to comment Share on other sites More sharing options...
Cmdjr85 Posted April 4, 2018 Share Posted April 4, 2018 2 hours ago, OldTimeAFLGuy said: ...touche'......done pretty good scamming Saints annually with his demands and crimping cap space......."Me Brees"..... He is worth every damn penny of what he asks. Link to comment Share on other sites More sharing options...
OldTimeAFLGuy Posted April 4, 2018 Share Posted April 4, 2018 2 minutes ago, Cmdjr85 said: He is worth every damn penny of what he asks. ...opinions differ which makes this place work............ Link to comment Share on other sites More sharing options...
aristocrat Posted April 4, 2018 Share Posted April 4, 2018 I find it funny that he was the one who called out the old players when they wanted a cut out of the last lockout. Now he’s cash poor and trying to sell jewelry. Link to comment Share on other sites More sharing options...
Beast Posted April 4, 2018 Share Posted April 4, 2018 He could have got rid of that birth mark for half that price. Link to comment Share on other sites More sharing options...
Just Joshin' Posted April 4, 2018 Share Posted April 4, 2018 What was his wonderlic? 1 Link to comment Share on other sites More sharing options...
Clemfield2622 Posted April 4, 2018 Share Posted April 4, 2018 Drew Brees is a spokesperson for a MLM company. I feel no sorrow if he lost a dime. Link to comment Share on other sites More sharing options...
Boca BIlls Posted April 4, 2018 Share Posted April 4, 2018 Always get a second and even a third opinion. Link to comment Share on other sites More sharing options...
YoloinOhio Posted April 4, 2018 Share Posted April 4, 2018 “Cash flow” issues? bruh 1 Link to comment Share on other sites More sharing options...
Mopreme Posted April 4, 2018 Share Posted April 4, 2018 He should have just bought his wife a Dyson. What an idiot. Link to comment Share on other sites More sharing options...
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