Originally posted on Bush League Chronicle  |  Last updated 2/6/13
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.
Ios_download En_app_rgb_wo_45

Rams WR Stedman Bailey in hospital after being shot in head

Furious Brad Stevens blasts Celtics after lackluster game

Did Bryce Harper deserve the MVP?

Duke 5-star commit posts moving message after successful surgery

Ex-LSU commit still supports Les Miles

Report: Ray Lewis gave Bills pregame pep talk


Report: Marshawn Lynch out a few weeks to recover

Peyton Manning to miss at least two more weeks

Notre Dame DT: Committee 'spit in our faces' with ranking

LaRon Landry suspended indefinitely by NFL

Don’t blame Mike Pettine for benching Johnny Manziel. Blame Johnny.

Danny Ainge: Celtics’ Marcus Smart has shown ‘propensity to get injured’

Nick Young seems to take shot at Kobe Bryant

WATCH: College basketball player makes 3-pointer while wobbly from concussion

The five most overrated teams in the Week 13 coaches' poll

Clemson WR calls South Carolina fans 'rude'

Jonathan Lucroy trade market bolstered by weak catching market

Michigan State lists two starting QBs on depth chart

10 storylines for Week 13 of the college football season

LISTEN: Browns fan cries on radio while ripping Johnny Manziel

Texas A&M QB Kyle Allen says he was injured vs. Alabama

Report: Maple Leafs are no longer the NHL’s most valuable franchise

Ranking the 10 best games of 2015 college football rivalry week

Did a Chipotle employee convince Danny Ainge to trade for Isaiah Thomas?

Bud Black joins Angels organization as special assistant to GM

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.
Get it now!
Ios_download En_app_rgb_wo_45

The five most overrated teams in the Week 13 coaches' poll

10 storylines for Week 13 of the college football season

Ranking the 10 best games of 2015 college football rivalry week

Examining the Mavericks' hot start

Johnny Bench(ed): Manziel demoted to third string

Mike Trout, four years in

Tom Brady on ‘Rex Ryan!’ line call: It’s ‘in the playbook’

Five NFL teams trending downward

Not so fast, USC: Eagles Chip Kelly buys Philly-area home

The five best hockey fights from Week 7

Today's Best Stuff
For Publishers
Company Info
Follow Yardbarker