Drew Brees has been forced to file a lawsuit against former New Orleans Saints long snapper Kevin Houser, according to a report from Sports Illustrated. The lawsuit stems from an investment Hauser persuaded Brees to make that turned out to be nonexistent.
In all, Brees handed Hauser and Wayne Read, the operator of the film studio that was supposedly looking for the investments, a whopping $160,000 in tax credits. Yes, Brees is making millions upon millions of dollars each year, but $160,000 is nothing to sneeze at.
Brees’ lawyer had attempted to settle out of court, but, when the dispute was not resolved, was forced to take the case to court.
“We gave them an opportunity to settle,” Becnel said. “We didn’t want to file suit. We’ve been trying to negotiate with them.”
Brees is one of several Saints players who were duped by Houser. He eventually culled roughly $2 million from his teammates and even coaches. New Orleans head coach Sean Payton also invested money.
Jeremy Shockey, Gary Gibbs and Payton all reached a settlement agreement with Houser.
Defensive end Charles Grant has also filed a lawsuit and his case against Houser and Read is still pending. Grant’s claims are set to be tried in late June.
Read received a four-year jail sentence after pleading guilty to fraud. Perhaps even more interestingly, Houser did not face any criminal charges for the deception he pulled off against his teammates.
[H/T: SB Nation]