NEW YORK -- Jaromir Jagr reportedly paid $450,000 to settle a debt with an Internet gambling site several years ago.
Jagr, now of the Washington Capitals, owed more than $500,000, but William Caesar -- the owner of Belize-based gambling website CaribSports -- discounted the debt, Sports Illustrated reported.
Jagr made nine monthly payments of $37,500 and one payment of $112,500 after Caesar leaked the story to pressure Jagr to settle his debt, the magazine said. Caesar accepted $150,000, a little more than 20 percent of what Jagr owed, as the final payment.
Caesar told the magazine he had technicians configure Jagr's betting page so the hockey star could not bet on NHL games.
"We did that for our own protection, not just his," Caesar said. "That would destroy us, if he destroyed the game."
Jagr, now of the Washington Capitals, owed more than $500,000, but William Caesar -- the owner of Belize-based gambling website CaribSports -- discounted the debt, Sports Illustrated reported.
Jagr made nine monthly payments of $37,500 and one payment of $112,500 after Caesar leaked the story to pressure Jagr to settle his debt, the magazine said. Caesar accepted $150,000, a little more than 20 percent of what Jagr owed, as the final payment.
Caesar told the magazine he had technicians configure Jagr's betting page so the hockey star could not bet on NHL games.
"We did that for our own protection, not just his," Caesar said. "That would destroy us, if he destroyed the game."
