Michael Azzarelli has filed a lawsuit in Hillsborough County charging Testaverde with failing to pay the 15 percent cut he says he is owed on investments from which the Heisman Trophy winner profited.
The St. Petersburg (Fla.) Times reported Tuesday the breach-of-contract suit seeks an order for Testaverde to turn over various financial records, but doesn't specify how much money Azzarelli believes he is owed.
Azzarelli became Testaverde's agent in 1991. The Times said the two had been fast friends and were once next-door neighbors.
Testaverde, 46, was taken by the Tampa Bay Buccaneers with the top selection in the 1987 NFL draft and retired in 2007 after last playing for Carolina. Besides the Buccaneers and Panthers, he played for Cleveland, Baltimore, New York Jets, Dallas and New England.