Originally written December 07, 2012 on It's Always Sunny in Detroit:
While former NBA star Allen Iverson is working through a nasty divorce with his ex Tawanna, the general public is getting a close look at how well horribly Iverson has dealt with the $150 million over his 17-year NBA career.  Just because his playing career ended in 2010, his outrageous spending his continued. Court documents show that Iverson is still bringing in $62,500 a month (somehow some way).  But his monthly expenses remain about five times that – totaling $358,376.66…monthly expenses! TMZ was on the case and broke down Iverson’s ridiculous spending pattern.  Roughly a third of the $358K is used to pay off creditors – including a jeweler – and some go to mortgages (which includes an Atlanta mansion which will soon be foreclosed).  But it gets worse. “The Truth” reportedly spends an estimated $10,000/month on clothes, $10,000/month on grocery/house items, $1,000/month on dry cleaning, $5,000/month on entertainment, $5,000/month on restaurants. So if you do the math and carry the one, Iverson is short about $296,000 per month. And the kicker – he still drives a Maybach that he paid for in full that is reportedly worth $340k-$400K.
PLAYERS: Allen Iverson
MORE FROM YARDBARKER

High school football player dies after suffering head injury

Giants shut out Pirates, advance to NLDS

Cowboys' Spillman accused of rape at team hotel

Report: Patriots benched WR for mouthing off to coach

Jose Bautista busts up reporter over Twitter

Sammy Watkins calls out EJ Manuel

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

Larry Donnell benches himself in fantasy, loses because of it

Josh Gordon says NFL’s drug policy is harrassment

Steve Smith: Ron Rivera hid in his office after cutting me

Rondo hoping for an opening night return from broken hand

Jon Gruden on Raiders job: 'I'm not thinking about coaching'

Tom Brady defends not congratulating Garoppolo on TD

ESPN reporter announces she has breast cancer

Byron Scott explains why Kobe wouldn't make a good coach

Hibbert texts Duncan for advice on being like Spurs

Belichick repeats moving 'on to Cincinnati' during presser

Donald Sterling’s wife called the cops on V. Stiviano

WATCH: Mayweather shocked someone doesn’t know who he is

Who is the new face of MLB?

NHL 15 predicts the LA Kings win the Cup again

J.J. Watt buys his mom a new car for her birthday

Ranking the NFL coaches already sitting on the hot seat

WATCH: Smith tells Panthers to go home and mow his lawn

The best games on the NFL slate in Week 5

NBA 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!

H.S. player dies after suffering head injury

Cowboys player accused of rape

Scott: Kobe would not be a good coach

Pats WR benched for mouthing off?

Sammy Watkins calls out EJ Manuel

Donnell benches himself in fantasy and loses

Gordon: Drug policy is harrassment

Who is the new face of baseball?

Steve Smith blasts Panthers coach, GM

What will the A’s look like in 2015?

All-Disappointment Team in MLB

Ryan Lochte: Phelps made dumb decision

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.