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Large Money NFL Player Loses N26m, Months After Signing $100m (N16bn) Contract

New Orleans quarterback Drew Brees cancelled out a court case against teammate Kevin Houser for making him lose $160k

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Orleans Saint Quarterback Drew Brees losing just $160k out of $100m he got from a 2012 deal, should not make him feel bad at all play

Orleans Saint Quarterback Drew Brees losing just $160k out of $100m he got from a 2012 deal, should not make him feel bad at all

(Sportscipher)
Drew Brees lets the money breeze through. It's N16bn bro play

Drew Brees lets the money breeze through. It's N16bn bro

(Sports Network)

According to TMZ Sports, An American Football quarter back lost $160k in a worthless and bogus investment

Drew Brees who claimed he was advised by New Orleans Saints teammate Kevin Houser to put his money into a defunct movie studio and for that reason, he felt duped and sued his longsnapper mate to court

The duo have been in defence of their claims with Houser saying that he NEVER pushed or compelled Brees into the investment, urging Drew to take the loss as it I part of business and as a man; well that had been on for a year until the pair agreed an out of court settlement

Terms of their settlement is not yet disclosed but TMZ suggests that Houser may have agreed to let some money out in compensation for the Brees’ lose

Brees agreed to a Saints 5-year, $100m deal On July 13. The contract has the largest amount of guaranteed money in NFL history ($60m); $40m of the contract will be paid the first year.

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