Results 1 to 3 of 3
  1. #1
    Believe. Fabbs's Avatar
    My Team
    San Antonio Spurs
    Post Count
    15,577
    Kareem Abdul-Jabbar is about to be out nearly $1 million after he lost a lengthy battle with a famous auction house.

    TMZ reports that Abdul-Jabbar has been ordered to pay $900,000 to Julien’s Auctions after a deal between the auction house and Los Angeles Lakers legend went south in 2012. Abdul-Jabbar believed the auction house was supposed to sell around 400 items for him, and he decided to physically remove the items himself in 2014 when they weren’t sold.

    After that incident, Julien’s sued Kareem. They won. Here are some more details:

    Julien’s sued Kareem — claiming they also made a $300k donation to his foundation as part of the deal to sell the items — but he refused to refund the money when he backed out of the sale.

    The case went to arbitration … and Kareem lost.

    Now, he’s been ordered to pay more than $900k in damages PLUS interest and attorney’s fees. He’s also been ordered to return all the items he took.

    Darren Julien, the president and CEO of Julien’s Auctions, told TMZ it is “unfortunate” the courts had to get involved. He claims the company did everything it could to reach an agreement with Kareem before filing the lawsuit.

    We haven’t really heard much from Abdul-Jabbr since he made these bizarre comments about LeBron James a couple years back. I’m sure this isn’t the way he envisioned his name getting back into the news.

    http://www.msn.com/en-us/sports/nba/...cid=spartandhp

  2. #2
    Got Woke? DMC's Avatar
    My Team
    San Antonio Spurs
    Post Count
    90,829
    Wow a TMZ article from Fabbs. Strange days indeed.. most peculiar mamma.

  3. #3
    Millennial Messiah UNT Eagles 2016's Avatar
    My Team
    San Antonio Spurs
    Post Count
    16,847
    Watch MJ sue him for misappropriation after using his name at the DNC

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •