Originally written on Bush League Chronicle  |  Last updated 11/11/14
6a00d83451af4b69e201310f53e44a970c-800wi
Perhaps former Philadelphia 76ers guard Allen Iverson should reconsider his decision to turn down an offer from the Texas Legends of the NBA's Development League.On Wednesday, the 37-year-old officially lost his home in Atlanta to foreclosure, according to TMZ. Iverson defaulted on the $1.2 million mortgage owed on the $4.5 million home, so Iverson's bank purchased the pad on Tuesday for $2.5 million. Amazingly, this isn't the first time Iverson has allowed one of his homes to slip into foreclosure.In 2011, his Colorado mansion that he owned while playing for the Denver Nuggets went into foreclosure after he failed to pay $2.5 million. Before then, his mansion in Pennsylvania when he played for the 76ers sat on the market for three years at $6.3 million. It eventually sold for $2.6 million in 2010, according to Yahoo! Sports. Iverson has earned over $150 million in salary over the course of his 14-year professional career.His troubles off the court aren't just relegated to financial matters, though. An Atlanta judge recently called Iverson "the worst dad in the universe" while signing off on his divorce papers. As part of the deal, Iverson is forbidden to drink alcohol for the next 18 months and from drinking alcohol within 24 hours of seeing his children until they turn 18 years old.Iverson has expressed an interest to play organized basketball again since retiring in 2010. However, he only seems willing to accept an offer from an NBA team.Iverson is an 11-time NBA All-Star, 4-time scoring champion, former NBA Rookie of the Year (1997), and former NBA Most Valuable Player (2001). He is considered one of the most prolific scoring guards in NBA history.
GET THE YARDBARKER APP:
Ios_download En_app_rgb_wo_45
MORE FROM YARDBARKER

Jon Jones facing felony charge for leaving scene of crime

Josh Hamilton officially traded back to Rangers

Report: Landing Adrian Peterson too costly for Cardinals

Report: Antonio Brown joins Steelers voluntary work outs

Charles Barkley: JR Smith should be suspended 10 games

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

Kelly Olynkyk: I'd probably get killed if I went to Cleveland

Report: Redskins likely to pick up Robert Griffin III's option

Eagles trying to trade Marcus Smith for another duck?

Chris Paul-Blake Griffin no longer a fragile relationship

Adam Wainwright injury leaves innings void for Cardinals

Report: Cowboys not in running for Adrian Peterson

Arkansas has leather belt to commemorate Texas Bowl win

John Angelos, Orioles got it right with Freddie Gray protest

Belichick's girlfriend fine with coach checking out Teigen

V. Stiviano posts birthday message to 'BFF' Donald Sterling

Mark Cuban and the inevitable playoff peril of the Mavs

Wizards made Raptors look bad while remaking themselves

Previewing Game 7 showdown between Islanders and Capitals

WATCH: Rick Carlisle tapes mouth shut so he can't rip refs

NFL Draft 2015: Ranking the quarterbacks

Greg Hardy faces teammate, Cowboys locker room leak

Top 10 storylines for the 2015 NFL Draft

Paul Pierce burns Raptors fans with epic troll job

All Sports News
Delivered to your inbox
You'll also receive Yardbarker's daily Top 10, featuring the best sports stories from around the web. Customize your newsletter to get articles on your favorite sports and teams. And the best part? It's free!

By clicking "Sign Me Up", you have read and agreed to the Fox Sports Digital Privacy Policy and Terms of Use. You can opt out at any time. For more information, please see our Privacy Policy.
the YARDBARKER app
Get it now!
Ios_download En_app_rgb_wo_45

Jon Jones facing felony charge

Worst picks ever by every NFL franchise

Report: Cowboys not in on Peterson

NFL Draft 2015: Ranking the QBs

Top 10 storylines for the 2015 NFL Draft

Paul Pierce trolls Raptors fans

Yes, ESPN2 is airing video games

Darko Milicic is enjoying life

Pitcher throws perfect game, still loses

Will Aldridge leave the Blazers?

Alex Gordon leaps into stands for catch

Dana White: No more WWE for Rousey

Today's Best Stuff
For Bloggers

Join the Yardbarker Network for more promotion, traffic, and money.

Company Info
Help
What is Yardbarker?

Yardbarker is the largest network of sports blogs and pro athlete blogs on the web. This site is the hub of the Yardbarker Network, where our editors and algorithms curate the best sports content from our network and beyond.