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Jazz Assistant Coach Jason Terry Accused Of Stealing $25,000 Watch

The jazz assistant coach jason terry accused of stealing $25,000 watch. The newly filed court documents stated that Jason Terry, a former assistant coach for the Brooklyn Nets and Utah Jazz, is refusing to pay for a $25,000 diamond-encrusted Rolex that he hired for an event and subsequently agreed to buy from a celebrity jeweler.

Johnny K.
Johnny K.
Sep 06, 2023389 Shares97.1K Views
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  1. The Allegations Against Jason Terry

The Jazz assistant coach Jason Terry accused of stealing $25,000 watch.

The newly filed court documents stated that Jason Terry, a former assistant coach for the Brooklyn Nets and Utah Jazz, is refusing to pay for a $25,000 diamond-encrusted Rolex that he hired for an event and subsequently agreed to buy from a celebrity jeweler.

The Allegations Against Jason Terry

After the ceremony, Terry made arrangements with the jeweler to purchase the watch that he had rented for the occasion.

According to the complaint that was submitted to the Manhattan Supreme Court on Monday, Terry hired the 23.5-carat stainless steel handmade clock from the well-known New York jeweler Eric Mavachev, who uses the name Eric Mavani in his businesslife and is known as "Eric Da Jeweler." Eric Mavachev is a jeweler and watchmaker.

Eric Mavachev holding two luxury watches
Eric Mavachev holding two luxury watches

Mavachev's lawyer, Mark Shirian, told The Post that the 19-year NBA veteran had borrowed the fancy watch to wear out to Drai's nightclub in Las Vegas during the summer league. Drai's was one of Mavachev's clients.

In a lawsuit, after that, the former NBA combo guard who went by the nickname "The Jet" indicated that, rather than handing back the flashy timepiece, he was interested in purchasing it from Mavachev.

Therefore, Mavachev, who has sold blinged-out jewelry to celebritiessuch as Kim Kardashian, Tyga, Floyd Mayweather, and Snoop Dogg and who has brushed hands with the likes of Tom Brady, agreed to sell the piece for $25,000, and Terry agreed to the sale, according to the papers.

Mavachev is suspected of having had a conversation with Tom Brady at some point.

Based on the records that were submitted in the case, Terry, who is now 45 years old and played basketball for the Atlanta Hawks, Boston Celtics, and Dallas Mavericks, texted Mavachev on July 10 asking for his bank account data and indicating that he would wire the moneyon July 13.

This information was indicated in the documents that were presented in the case.

The evidence that was given in the case suggests that the money was never delivered and that the 2011 NBA Champion did not return the wristwatch.

In the allegations that are made in the petition, Terry is said to have sent Mavachev a message the next day in which he stated that he had never received the money. This is alleged to have occurred the day after the petition was submitted

In the allegations contained in the lawsuit, Terry "has not paid plaintiff the total amount of $25,000.00, which is the agreed upon value of the Rolex Watch, and has not returned the Rolex Watch to Plaintiff."

Shirian stated that he and his client gave Terry thirty days to pay up, but Terry did not, which led to Shirian's client suing Terry for breach of contract. Shirian said that he and his client gave Terry thirty days to pay up. Shirian said:

Despite earning over one hundred million dollars in the NBA, Mr. Terry has failed to fulfill his financial obligations and has not made the necessary payments for the valuable timepiece. We are prepared to use all available legal avenues to recover the outstanding payment for the watch.- Shirian

Mavachev, who is the plaintiff in this case, started this legal action through his company, Eric & Co. Trading Group LLC, and he is suing for the amount of $25,000 that he asserts is properly his.

On Monday, Terry did not provide an instant response to any of our requests for comments; however, he did acknowledge receiving them.

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