• FS1
    9:00 PM PST

    9:30 PM PST

NFL Star Major Wright Sued Over Giant African Diamonds

10/10/2013 12:20 AM PDT

NFL Star Major Wright -- Sued Over Giant African Diamonds


NFL star Major Wright just got into serious heat over his side hustle -- AFRICAN DIAMONDS -- and now he's being chased down by a couple of scary loan sharks.

Here's the short of it ... when he's not playing ball, Wright operates a diamond trading company called TDW Diamonds, and allegedly borrowed $75,000 last year in order to purchase raw South African diamonds (ranging from 21-31.5 carats).

Problem is ... the lenders are saying they still haven't been repaid, and the interest rate is borderline mafia-level.

According to their lawsuit, lenders Jimmy Michel and Marc Geffrard claim Wright promised to repay the loan PLUS 100% interest by March 2012 ... a total of $150,000 ... but that never happened.

It's now been more than a year and Michel and Geffrard say they still haven't been paid. They're suing for the full $150,000 plus even more interest.

P.S. -- the loan sharks are gonna get screwed because under Florida law, if anyone charges more than 18 percent on a loan, they forfeit their right to collect any interest at all. So, by (allegedly) signing a dumb contract, the two footballers may have outsmarted the sharks in the end. 

Calls to Wright weren't returned. Watch TMZ Sports on FS1 Get the new TMZ Sports app!


Click To View
Hot Video

More From

Around the Web