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TMZ SPORTS EXCLUSIVE: Adrien Broner Agrees To Pay Off $1 MILLION Jewelry Debt
PhilBoxing.com
Sun, 10 Mar 2019
TMZ SPORTS -- Adrien Broner is FINALLY paying off his $1 MILLION jewelry debt ... agreeing to give it all back in 3 installments -- TMZ Sports has learned.
We broke the story ... the boxing star was hit with a lawsuit last year after he allegedly stiffed a jeweler out of more than $1 MILLION in fine jewels.
Pristine Jewelers NY said Broner promised to pay for multiple items which totaled $1.252 Mil ... but his checks never cleared -- and then he refused to follow through on a payment plan.
But, according to legal docs filed this week ... Broner has finally reached a settlement with the company -- and has agreed to pay off his debt.
Per the details of the agreement ... Broner made his first payment on March 4 and will pay $500,000 by Dec. 31, 2019, and then the final $500,000 no later than 6 months after that.
It's interesting ... according to docs -- Broner struck the agreement with the jeweler on Feb. 15 -- just a couple weeks after he reportedly earned a $2.5 MILLION check from scrapping with Manny Pacquiao.
Unclear who Adrien will fight next ... but if he's looking to cash in on an exhibition match -- we know there's a boxing analyst out there that'd be a PERFECT fit.
Read more: https://www.tmz.com/2019/03/10/adrien-broner-boxing-jewelry-one-million-dollars-debt/
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