Adrien Broner Agrees To Pay Off $1 million Jewelry Debt

Adrien Broner is finally paying off his $1 million jewelry debt agreeing to give it all back in 3 installments, TMZ Sports reports. 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 million 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.

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.