Adrien Broner Agrees To Pony Up $1 Million In Settlement Over Jewelry Debt

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TMZ has discovered that Adrien Broner has consented to repay the $1 million debt he incurred in lavish jewellery. According to the report, Broner will likely be allowed to settle the debt over three handy installments. News of an impending lawsuit over monies owed broke final 12 months, by the powers vested in seeing Broner related exterior the ring. 

Pristine Jewelers within the New York City declare Adrien Broner ran a tab of $1.25 million earlier than the checks he posted began bouncing they usually minimize him off. When they approached him concerning the funds not clearing, Adrien Broner adamantly refused to look into an alternate resolution. News of the ultimate accord did not make its method to the press by way of a roundabout messenger, however because of TMZ’ insistence on following up the story by way of authorized channels.

Broner made the primary of three funds on March four, the following installment of $500,000 is due by December 31st, 2019, the ultimate one 6 months after that. Interesting to notice: it is believed Broner struck the deal on February 15 of this 12 months, after receiving his half of the purse for the Manny Pacquiao combat staged a month prior.

As you may recall, AB took the L towards the 40-year outdated welterweight by way of unanimous choice. Broner took in a whopping $2.5 million for his efforts that evening. The entire combat card reportedly raked in a complete $30 million in PPV income, largely off the energy of their principal occasion bout.