Found February 23, 2012 on Larry Brown Sports:
PLAYERS: Allen Iverson
Finally, it’s all starting to make sense. While it doesn’t necessarily surprise us to hear that someone like Allen Iverson blew more than $200 million in career earnings, it does raise a certain amount of curiosity. How did he pull it off? Did he take the Siberian Tiger approach to bankruptcy like Mike Tyson? Did he buy too many cars or houses? The details have started to emerge, and we have a solid starting point. According to Forbes Magazine, Iverson did not like taking luggage with him on road trips. Since the only way to avoid traveling with suitcases is to buy new clothes everywhere you go, that’s exactly what A.I. did. Perhaps the telltale indicator of Iverson’s divorce from financial reality, however, was an anecdote I received via a former teammate of Iverson’s from his days with the Philadelphia 76ers. This player, raised on a far higher standard of fiduciary responsibility, was amused and stunned by “A.I.’s” money habits. He related how on many road trips Iverson refused t...

A.I. bought new clothes on trips to avoid luggage?

There's rich, and then there's rich and stupid. Looks like Allen Iverson qualifies under the second part based on this story.

Allen Iverson didn't bring luggage on road trips, used to buy new clothes on the road

Over the years, we've heard some pretty crazy stories about NBA star Allen Iverson but this tid-bit revealed by a Forbes magazine story might be one of the most interesting.An unnamed former teammate told the magazine that Iverson wasn't a big fan of luggage and decided to buy a new set of clothes during each stop on the team's road trip to fill that void:Perhaps the...

Bankrupt future NBA HOFer gets a contract offer . . . from an indoor soccer team

Allen Iverson might be playing professional sports again soon. Only, it won’t be basketball. Iverson, who is bankrupt, was offered a contract by the Rochester Lancers of the Major Indoor Soccer League. Due to the nature of his finances, Iverson might want to sign the contract so he can pay his bills. The Lancers have just two home games remaining in the regular season. They offered...

Allen Iverson offered to get his kicks by Indoor Soccer Team

National Basketball Players aren’t well known for their financial planning skills. The league’s players’ association has said that close to 60 per cent of players end up broke within five years of retiring from the game, even though some of them made tens of millions of dollars during their playing careers.So to hear that former all-star and future Hall of Famer Allen Iverson...

Indoor soccer team says Allen Iverson wouldn't have to practice if he agrees on unusual deal (

To market Major Indoor Soccer League better, the Rochester Lancers reached out to the former NBA MVP and he could play goalkeeper for the squad as soon as this weekend.
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