Found December 06, 2012 on
Next Impulse Sports:
Earlier in the year there were reports that Allen Iverson - cultural phenom and perhaps the best scorer in the history of the NBA under 6’5″ – was dead broke. A.I. still gets a hero’s welcome wherever he goes but the golden years of his career have been soiled by inabiliy to take a 2nd tier role with an NBA team. This has forced him to play in places like China where his crossover is still wildly potent.
So, the stories about his finances asked if he was playing overseas simply for the love of the game or if Iverson, who has reportedly made over $154M in his career, needed the money. Iverson maintains that money ain’t a thing. Some recent financial statements in a divorce settlement with his wife paints a different picture.
TMZ reported this week that The Answer’s monthly expenses are putting a smackdown on his monthly income:
Allen brings in $62,500 in monthly income, but his expenses are FAR, FAR, greater … costing him a cool $358,376.66 PER MONTH!!!!
So where does all his money g...
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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...
Allen Iverson is currently playing basketball over seas in China, a similar road other athletes have taken when an NBA contract is not extended. In a recent game during his tour of China he played against some former AND1 players and dropped 37 points. Now before we hop on the [...]
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...
Allen Iverson is going through a divorce, so it isn’t uncommon to lie about how much money you have. If Iverson can get the court to believe he is deeply in debt, he won’t have to pay as much in child and spousal support. It could be true, A.I. did just have a house that [...]
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China has become the destination for unwanted aging NBA stars who aren’t quite ready to be put out to pasture — hey, if one title is all it takes to get a statue erected in your honor, then it’s totally worth it. In recent months, Tracy McGrady and Gilbert Arenas signed contracts with the Qinqdao Eagles and Shanghai Sharks, respectively...