14 Feb

Loyal To A Fault: Ex-Star B-Baller, Allen Iverson, Reportedly “Broke”

Former NBA star, Allen IversonAllen Iverson has reportedly gone from 11-time NBA all-star to financial deadbeat. The Philadelphia 76ers icon was recently ordered to pay over $860,000 to a jeweler, and he couldn’t cut a check. A Georgia judge has ordered the seizing of Iverson’s bank account, so the relatively little money he has left will be garnished, reports the Philadelphia Inquirer. This isn’t just another formerly famous athlete blowing a ton of cash. Iverson was among the biggest superstars in the NBA, earning more than $154 million during a professional career that began back in 1996. (This doesn’t include endorsement money and other business deals.)

How did Iverson lose so much? (more…)

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