Band Camp is broke. “All About Billions” is down to a double-digit bank account.
Adrien Broner, the boxing bad guy who used to rip twenty dollar bills in half and flush them down the toilet– because he only dealt in 100s– told a judge in Cuyahoga County Common Pleas Court in Cleveland, Ohio that he didn’t have the money to pay a 2018 civil court-ordered $830,000 settlement. In fact, he couldn’t pay the woman he allegedly assaulted in a Cleveland nightclub because he’s cash-poor and only has $13 in his bank account.
When asked by judge Nancy Margaret Russo about a fairly recent Instagram photo where he has a hefty load of cash on a desk, Broner said that the money came from rich friends looking to help him out.
“My friends,” Broner responded to the judge .”I have rich friends. [friend, and two-division champ] Gervonta Davis, [adviser] Al Haymon, [Showtime Sports President] Stephen Espinoza. I got a fight January 16th. After the fight I can just pay them.”
When pressed about how he managed to go from having mega-millions to 13 bucks, Broner played the sympathy card, claiming that he spent it all helping friends and paying bills.
“Listen, I got a big heart,” he said, “and when I did have money and everybody asked me for money, I gave it to them and now they see that I need help.”
The judge wasn’t buying Broner’s tale and held him in contempt of court, ordering him to jail until he and his lawyers could come up with proper financial records confirming his claim as well as a plan for paying the victim her court-ordered restitution.
“Mr. Broner has continually defied every court order I’ve given,” Judge Russo said. “The jig is up today.”
Broner’s fall from grace has provided plenty of chuckles to critics who’ve been antagonized over the years by the fighter’s “I’m rich and rubbing your face in it” routine and general cockiness. But Broner’s story is nothing new in boxing. The sport is littered with rags-to-riches-back-to-rags stories of fighters who fought their way to wealth, only to be brought back to poverty via poor decisions and bad money management. The tales of broke and broken fighters are boxing cliche and nobody is really surprised that Broner’s particular life story is headed in that direction.
Of course, this is all assuming that Broner’s telling the truth about only having $13 to his name. Not too long ago, he was bragging about getting money from “the streets” and not needing boxing anymore. More recently, he was insisting that anything less than $10 million for a fight wasn’t worth his time.
Broner last fought in a January 2019 pay-per-view unanimous decision loss to Manny Pacquiao, where he reportedly earned a $2.5 million purse, plus a cut from the profits. Since the Pacquiao fight, Broner has been arrested twice, but has reportedly been trying to get a fight put together for this coming January.
The 31-year-old Cincinnati native had recently been tied to a possible bout with former junior welterweight champ Regis Prograis. The news of Broner’s incarceration prompted Prograis to take his frustration to social media.
“This dude f—ing my money up,” Prograis lamented.