At this point, Allen Iverson is essentially Exhibit A when looking at what not to do as an athlete to set yourself up for a comfortable life after your playing days. According to a story originally reported by The Washington Post, Iverson is basically broke because of his poor budgeting habits during his NBA career.
Now, things may be getting even worse for the former All-Star.
According to TMZ, Iverson’s ex-wife, Tawanna, says he has failed to make a single payment on a child-support agreement that was handed down back in January. She says Iverson owes her $40,ooo ($8,000 a month over five months), and has apparently suggested that the judge put him in jail for his failure to pay.
Iverson and his ex are set to return to court this week. Last time they appeared in front of the same judge, however, Iverson’s parenting skills were ripped, with the judge saying “He does not know how to manage the children … [he] has been a hindrance to their spiritual and emotional growth and developme...