Originally posted on Fox Sports Carolinas  |  Last updated 9/18/12
DALLAS (AP) -- Former Duke basketball player Lance Thomas has settled a lawsuit that accused him of failing to pay nearly 68,000 for jewelry purchased while he was part of the Blue Devils team that won the 2010 national championship. Mike Bowers, the attorney for Rafaello & Co., said his client had agreed to settle the lawsuit against Thomas stemming from the nearly 100,000 in diamond jewelry the player purchased in the middle of the 2009-2010 season. The Dallas attorney said the terms are confidential, and he reiterated his client's unwillingness to discuss the matter with the NCAA, which is seeking details of the transaction. "This is a private matter between my client and Mr. Thomas, and that's where it stands," Bowers said Tuesday. The lawsuit, filed in January in Austin, Texas, said Thomas owed 67,800 for five pieces of jewelry he purchased at a cost of 97,800. The invoice, dated Dec. 21, 2009, indicates that Thomas made a 30,000 down payment and agreed to pay the balance in 15 days. Thomas started 39 games at forward for Duke in 2009-2010, his senior season, including the 61-59 victory over Butler in the NCAA championship game. The lawsuit, which wasn't disclosed publicly until The Associated Press reported it earlier this month, has raised questions about Thomas' eligibility that season and whether Duke's national title could be affected. NCAA rules prohibit athletes from receiving benefits that aren't available to the student body as a whole. NCAA spokeswoman Stacey Osburn said Tuesday the organization would not comment on the settlement and what it might mean in terms of investigating the matter. NCAA rules require student-athletes and personnel at member schools to cooperate with the organization's inquiries, but there's nothing to compel people who aren't affiliated with those schools to do so. Thomas, now with the New Orleans Hornets, was playing last season for the Austin Toros of the NBA Developmental League when the suit was filed. He wasn't drafted by an NBA team when he left Duke. Joe Crews, the Austin attorney handling the matter for Thomas, did not immediately return a phone message from the AP seeking comment. Rafaello & Co., which also does business as AA Diamonds Ltd., promotes itself as a jeweler that caters to professional athletes and other celebrities. On its website, the jeweler says its customers include actor Jamie Foxx, singer Alicia Keys and New York Knicks star Carmelo Anthony. The firm filed a similar lawsuit against Dallas Cowboys receiver Dez Bryant last year, asserting that he owed 240,000 for jewelry he purchased between January and May 2010. The purchases occurred after Bryant had left Oklahoma State and was waiting for the NFL draft. That suit also was settled out of court.
MORE FROM YARDBARKER:
Try Outs, Ep. 1: What happens when two regular dudes attempt to workout with professional boxer Raquel Miller
GET THE YARDBARKER APP:
Ios_download En_app_rgb_wo_45
MORE FROM YARDBARKER

WATCH: Huskies, Buffaloes go back-to-back with amazing plays

Rolando McClain suspended indefinitely by NFL

Kerr has great response to latest Barkley criticism about Warriors

Helfrich, Kelly spoke about possibility of Kelly returning to Oregon

Paul Maurice: Game plans won’t work trying to stop McDavid

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

Report: Nats considering Ian Desmond reunion

Eric Dickerson: Rams would be better off without Jeff Fisher

Sheriff: Joe McKnight shooting suspect fired from inside car

Revis insists he has 'a lot' of football left, still loves game

Report: Siemian misses practice Friday, Lynch likely to start

Report: Five teams chasing Chris Sale, asking price high

Best of Yardbarker: CFB Championship Week chaos

Sporting life: Gifts for real fans (that aren't ugly NFL sweaters)

New faces help Spurs continue unparalleled success

The Pirates prepare for rarely chartered waters in dealing Andrew McCutchen

The 10 best sports docs available for streaming

Everything you need to know for CFB Championship Week

Box Score 12/2: High-kicking it into the weekend

Jeff Fisher is the unkillable cockroach of NFL head coaches

Four teams to keep an eye on at the 2017 Winter Meetings

Eugene Monroe opens up about NFL’s drug policy

Ideal MLB offseason blueprint for every team

Eight NFL teams facing must-win games in Week 13

All Sports News
Delivered to your inbox
You'll also receive Yardbarker's daily Top 10, featuring the best sports stories from around the web. Customize your newsletter to get articles on your favorite sports and teams. And the best part? It's free!

By clicking "Sign Me Up", you have read and agreed to the Fox Sports Digital Privacy Policy and Terms of Use. You can opt out at any time. For more information, please see our Privacy Policy.
the YARDBARKER app
Get it now!
Ios_download En_app_rgb_wo_45

Sporting life: Gifts for real fans (that aren't ugly NFL Christmas sweaters)

New faces help Spurs continue unparalleled success

The Pirates prepare for rarely chartered waters in dealing Andrew McCutchen

The 10 best sports docs available for streaming

Everything you need to know for CFB Championship Week

Jeff Fisher is the unkillable cockroach of NFL head coaches

Four teams to keep an eye on at the 2017 Winter Meetings

Porzingis reshapes Knicks by elevating his game

TailGreater: Your championship week playlist is set

Clarification: Why the rules near the crease need to be fixed

Today's Best Stuff
For Publishers
Company Info
Help
Follow Yardbarker