Found December 02, 2012 on
Former NBA superstar guard Allen Iverson has dealt with a lot of money problems over the past few years, while also currently being in a divorce battle with his wife.
Things have gotten worse now for the 37-year-old, as reports say that Iverson is will likely lose his $4.5 million mansion in Atlanta, Georgia due to foreclosure. Iverson defaulted on his mortgage, reports say.
The house will be going up for auction with the bank foreclosing the property now. If Iverson can’t reach a deal of retaining the property by Dec. 4, everything in the house will be auctioned off.
Rough stuff here for A.I. man. Hope he gets through all of this. At least he has over $30 million locked up in a bank account that he can’t touch in another 18 years or so.
Original article: Allen Iverson To Lose Atlanta Mansion©2012 FootBasket. All Rights Reserved.The post Allen Iverson To Lose Atlanta Mansion appeared first on FootBasket.
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Allen Iverson reportedly has been having financial struggles, and it looks like he is in jeopardy of losing his mansion in Atlanta.
Allen Iverson has been in the news recently for his serious financial issues, which is unbelievable considering how much he made in the NBA. Unable to find a job in the league, he left for China, where he is proving that he can still play a little. Given, the competition isn’t the greatest, but it’s still fun to watch him play. Watch the clip below from a game where A.I. went...
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The infamous "We talkin' 'bout practice" quote from basketball player Allen Iverson has developed a life of its own, 10 years after Iverson scoffed at taking practice seriously.
"Practice!" In 2002, the despicable word rolled off Iverson's tongue as if it contained poison. It sounded as if it might be synonymous with the plague.
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