NBA: Ex-Mavs Champ Jason Terry Hit With Legal Headache Over $25,000 Rolex Watch

DALLAS, TX - Jason Terry (#31) of the Dallas Mavericks reacts after he made a basket in the fourth quarter against the Miami Heat in Game Four of the 2011 NBA Finals at American Airlines Center on June 7, 2011 in Dallas, Texas. (Photo : Ronald Martinez/Getty Images)

Former NBA player Jason Terry is involved in legal trouble over a $25,000 Rolex watch.

The 45-year-old, who now works as an assistant coach for the Utah Jazz since 2022, has been hit with a lawsuit by New York jeweler Eric Mavachev, nicknamed "Eric Da Jeweler," for refusing to pay for a diamond-encrusted Rolex, as per New York Post.

Terry rented the timepiece to wear during a night out in the Drai's nightclub in Las Vegas during the NBA Summer League last July, according to Mavachev's lawyer.

The 19-year NBA veteran decided he wanted to buy the flashy watch after the event instead of returning it, and Mavachev agreed to the price of $25,000.

The former combo guard promised to have the money wired by July 13, even asking for the celebrity jeweler's bank account details. However, the money never came, and the watch remained in his possession.

Mavachev and his lawyer gave the 2011 NBA champion 30 days to settle his balance, but he still failed to deliver the payment, prompting a breach of contract lawsuit. 

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Jason Terry has earned over $100 million

Terry has earned over $100 million in NBA salary throughout a 19-year career, according to HoopsHype.

He was named the NBA Sixth Man of the Year in 2009. After a notable eight-year stint with the Dallas Mavericks from 2004 to 2012, he spent short spells with the Boston Celtics, Brooklyn Nets, Houston Rockets, and the Milwaukee Bucks.

Terry spent the first five seasons of his NBA career with the Atlanta Hawks.

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