Found June 10, 2013 on
New Orleans Saints quarterback Drew Brees has sued a former teammate for allegedly advising him to invest $160,000 in tax credits that turned out to be bogus.
A federal lawsuit filed Monday on Brees' behalf claims former Saints long snapper Kevin Houser mishandled the star quarterback's money and failed to disclose his own financial interests in the investments he was promoting.
Meanwhile, former New Orleans Saints tight end Jeremy Shockey and former Saints defensive coordinator Gary Gibbs reached separate settlements Monday with Houser over the same bogus investment deal. Terms were confidential.
Several teammates and coaches sued Houser for allegedly advising them to invest roughly $2 million to buy nonexistent tax credits from a defunct movie studio.
A lawyer for Houser didn't immediately return a call seeking comment.
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Saints quarterback Drew Brees was one of several Saints players and coaches who were duped by former long snapper Kevin Houser into handing over cash into phony investments.
According to Larry Holder of the Times-Picayune, running back Mark Ingram has been working with the second string offense.
While Darren Sproles and Pierre Thomas get the first team reps, Ingram seems to be slipping into running back oblivion.
The Saints selected Ingram with the 28th pick in the 2011 NFL Draft and was the first running back drafted in 2011.
The team moved...
On Monday a lawsuit was filed in federal court on behalf of Saints quarterback Drew Brees against former New Orleans long snapper Kevin Houser for allegedly swindling Brees out of $160,000, after Houser advised his former teammate to invest the money in tax credits that turned out to be nonexistent. Brees is just one of a number of former teammates suing Houser for swindling nearly...
Kenny Vaccaro (Photo credit: Stacy Revere/Getty Images)
With the New Orleans Saints’ OTAs getting underway last week, the Saints begin their march to what they hope is another Super Bowl title. And this offseason is the first one since their last Super Bowl that isn’t laden with off the field distractions, contract impasses, or labor disputes. One can go as far as to say things...
Drew Brees filed a lawsuit in federal court on Monday against former teammate Kevin Houser.
According to USA Today the suit was filed on Brees’ behalf, and alleges that Houser advised Brees to invest $160,000 into tax credits from a defunct movie studio, which turned out to be bogus.
Other Saints players and personnel invested into Houser’s scheme, totaling to about $2 million...
Um, what? Granted this is nothing new... If your last name is Ryan and you coach in the NFL you are known for making ridiculous statements on a fairly consistent basis. As in, whenever a microphone is put in front of your face. This came with the territory at signing, but all of this talk won't mean anything to me unless it even comes half way close to translating on the field...
During OTAs, contact is kept at a minimum to avoid injury. However, with football being a physical sport, injuries can never be avoided. New Orleans Saints linebacker Victor Butler is the latest player to be injured during practice.This is how Butler was injured during practice. Running back Mark Ingram took a swing pass during a team drill and collided with Butler near the sideline...
No scandals. No holdouts. No suspensions.
With the Saints only days from starting their last vacation until training camp opens in late July, they're relishing the sense of normalcy that has defined this offseason in New Orleans.
They talk of spirited, productive workouts in the weight room and on the field, and about strong leadership from reinstated coach Sean Payton. They...
Former New Orleans Saints tight end Jeremy Shockey has reached a settlement with a former teammate he sued over a bogus investment deal.
A court filing Monday says Shockey and former Saints defensive coordinator Gary Gibbs both resolved their claims against former Saints long snapper Kevin Houser. Terms were confidential.
Several teammates and coaches sued Houser for allegedly...
Former Saints’ safety/ESPN analyst Darren Sharper golfed in the Harper’s Hope Celebrity Golf Tourname…
Rob Ryan was hired as defensive coordinator in New Orleans to help fix a run defense that may have been the worst in the NFL last season, if not history.
Under Steve Spagnuolo, the Saints easily had the league’s worst run defense. They allowed a league-high 147.6 rushing yards per game and allowed ball carriers to gain nearly 5.2 yards per carry, the highest total allowed by any...
According to ESPN’s Adam Schefter, the Chicago bears have signed former Saints defensive tackle Sedrick Ellis.
Former Saints DT Sedrick Ellis has reached agreement on a one-year deal with the Chicago Bears.
— Adam Schefter (@AdamSchefter) June 11, 2013
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