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Jun 7, 2022 · Just two years after he stopped professionally playing, Allen Iverson blew through his entire net worth.
How did Allen Iverson go broke? At the peak of his career, Iverson spent millions on his lavish lifestyle. He allegedly traveled with an entourage of 50 people at times and friends and family...
- 7 June 1975
- $1 million
- Allen Iverson
- Basketball, endorsements
After Iverson went broke, it was learned that he continues to receive $800K in annual payments from the shoe company and has a $32 million trust fund, which he can't access until he turns 55.
May 20, 2024 · Despite the huge earnings, the basketballer was broke by the time he retired in 2012, according to The Washington Post. The paper revealed that at that time Iverson told his then wife Tawanna...
Nov 29, 2023 · Allen Iverson’s NBA career ended in 2010 and his $200 million in earnings were drained by 2012. His bank account boiled over when he was unable to pay a $900,000 debt to a jeweler in Georgia.
Dec 10, 2012 · Former NBA star Allen Iverson owes millions to creditors, has a foreclosed mansion, and spends lavishly on clothes, groceries, and entertainment. TMZ obtained court documents from his divorce proceedings that reveal his financial woes.
Jul 2, 2020 · How did Allen Iverson manage to go broke? Firstly, there are always ways for celebrities to claim bankruptcy but that doesn’t necessarily mean they have no money. This is sometimes done in an effort to settle debts and start a clean financial sleight.
