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Kareem Abdul-Jabbar — Hit With $900k Judgment … In Auction House War

By admin / Published on Friday, 13 May 2016 15:09 PM / No Comments / 131 views

0727-kareem-abdul-jabbar-getty-01Bad news for Kareem Abdul-Jabbar … the NBA legend has been ordered to pay more than $ 900k to a famous auction house for backing out of a deal to sell a bunch of his memorabilia … TMZ Sports has learned. 

Kareem had been at war with Julien’s Auctions for years — after a 2012 deal to sell 400 items went south. Kareem went to the auction house in 2014 and physically removed some of the items. 

Julien’s sued Kareem — claiming they also made a $ 300k donation to his foundation as part of the deal to sell the items — but he refused to refund the money when he backed out of the sale. 

The case went to arbitration … and Kareem lost. 

Now, he’s been ordered to pay more than $ 900k in damages PLUS interest and attorney’s fees.  He’s also been ordered to return all the items he took.

Julien’s president and CEO, Darren Julien, issued a statement saying, “It is very unfortunate that it had to come to this as we tried everything to come to an agreement with [Kareem and his manager] outside of the courts.”

We reached out to Kareem’s manager for comment — so far, no word back. 

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