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Title: Allen Iverson Begging for spare change in Atlanta
Post by: Devon97 on August 19, 2014, 07:36:59 PM
Former NBA MVP & multi-millionaire Allen Iverson was caught begging for spare change outside of Lenox Mall in Atlanta.

(http://www.thenewsnerd.com/wp-content/uploads/2014/08/allen-iverson-begging-for-change-620x400.jpg)

“I don’t even have money for a cheeseburger,” said Iverson.

http://www.thenewsnerd.com/sports/allen-iverson-begging-for-change-in-atlanta/ (http://www.thenewsnerd.com/sports/allen-iverson-begging-for-change-in-atlanta/)
Title: Re: Allen Iverson Begging for spare change in Atlanta
Post by: Coach is Back! on August 19, 2014, 07:40:24 PM
Sad. This is a 30 for 30 episode in the making.
Title: Re: Allen Iverson Begging for spare change in Atlanta
Post by: 240 is Back on August 19, 2014, 07:41:11 PM
No way.  Iverson made $154 million in salary alone in his career.  

He's probably just fronting like he's broke to keep his own money from getting spent up.
Title: Re: Allen Iverson Begging for spare change in Atlanta
Post by: HTexan on August 19, 2014, 07:43:24 PM
And the fuck up thing is in 15 or so years he is getting 55 million
Title: Re: Allen Iverson Begging for spare change in Atlanta
Post by: Devon97 on August 19, 2014, 07:44:02 PM
No way.  Iverson made $154 million in salary alone in his career.  

He's probably just fronting like he's broke to keep his own money from getting spent up.

"Over his NBA career, Iverson made over $154.5 million in salary. The 39-year-old also racked up quite a bit of income in endorsements, bringing his income to over $200 million.

Iverson blew through his money at an alarming rate on gaudy jewelry, expensive cars, and other frivolous purchases. In 2012, a Georgia judge garnished his wages to satisfy a $859,896.46 debt to a jeweler."
Title: Re: Allen Iverson Begging for spare change in Atlanta
Post by: Built6foot5 on August 19, 2014, 07:44:32 PM
Is this story legit?
Title: Re: Allen Iverson Begging for spare change in Atlanta
Post by: Royalty on August 19, 2014, 07:44:52 PM
And the fuck up thing is in 15 or so years he is getting 55 million

Yeah, I saw that.

He just has to get a regular job for the next 15 years.
Title: Re: Allen Iverson Begging for spare change in Atlanta
Post by: 240 is Back on August 19, 2014, 07:45:25 PM
In 2012, a Georgia judge garnished his wages to satisfy a $859,896.46 debt to a jeweler."

My mom had a laway at Kmart one summer for $90.   We paid $5 a week, all summer long.  Layaway was awesome.
Title: Re: Allen Iverson Begging for spare change in Atlanta
Post by: Devon97 on August 19, 2014, 07:47:22 PM
And the fuck up thing is in 15 or so years he is getting 55 $30 million

I swear some of you clowns just pull shit out of thin air.

"Allen Iverson fell on hard times when his basketball career abruptly ended. Though the 76ers legend is currently bankrupt, he does have a $30 million trust with Reebok, which he cannot access until he is 55-years-old."
Title: Re: Allen Iverson Begging for spare change in Atlanta
Post by: nasht5 on August 19, 2014, 07:48:11 PM
Iverson wouldn't/couldn't pay his car taxes and had no plates for his lambo, he also wouldn't/couldn't pay insurance on them. found that out after he got a pulled over for speeding
Title: Re: Allen Iverson Begging for spare change in Atlanta
Post by: Army of One on August 19, 2014, 07:59:11 PM
That article is from a satirical website.He gets 1 million dollars a year interest from that account he can't touch until he is 55, also his nba pension kicks in in 5 years paying him 8 grand a month.Was pictured on Facebook a couple of days ago in a club with a huge gold necklace in private area of a club.So he still gets 20 grand a week in interest.he's far from broke.
Title: Re: Allen Iverson Begging for spare change in Atlanta
Post by: DanielPaul on August 19, 2014, 08:00:51 PM
No sympathy , he chose to be irresponsible
Title: Re: Allen Iverson Begging for spare change in Atlanta
Post by: ProudVirgin69 on August 19, 2014, 08:26:36 PM
"Broke" for one of these guys means living on $100, 000 per annum.....

Still, Allen Iverson is the man.  More heart than just about any NBA player nowadays
Title: Re: Allen Iverson Begging for spare change in Atlanta
Post by: Nails on August 19, 2014, 08:34:31 PM
Broke but made many ugly stank hoes rich makin it rain on dem fo years son!!!!
Title: Re: Allen Iverson Begging for spare change in Atlanta
Post by: Schnauzer on August 19, 2014, 08:36:04 PM
Great, another black guy begging for change ;D
Title: Re: Allen Iverson Begging for spare change in Atlanta
Post by: Hulkotron on August 19, 2014, 08:45:42 PM
There is no way this is real, he made vast sums of money.
Title: Re: Allen Iverson Begging for spare change in Atlanta
Post by: THE ARS on August 19, 2014, 08:51:33 PM
I swear some of you clowns just pull shit out of thin air.

"Allen Iverson fell on hard times when his basketball career abruptly ended. Though the 76ers legend is currently bankrupt, he does have a $30 million trust with Reebok, which he cannot access until he is 55-years-old."

Sorry you black son of a bitch, we went out of business ten years ago.

Good luck.
Title: Re: Allen Iverson Begging for spare change in Atlanta
Post by: THE ARS on August 19, 2014, 08:54:24 PM
There is no way this is real, he made vast sums of money.

Oh, he's black.

It's not only  possible it's probable.

The American negro has a very small brain.

Title: Re: Allen Iverson Begging for spare change in Atlanta
Post by: Vince G, CSN MFT on August 19, 2014, 09:09:29 PM
That article is from a satirical website.He gets 1 million dollars a year interest from that account he can't touch until he is 55, also his nba pension kicks in in 5 years paying him 8 grand a month.Was pictured on Facebook a couple of days ago in a club with a huge gold necklace in private area of a club.So he still gets 20 grand a week in interest.he's far from broke.


Yep....celebrities versions of broke are different than ours.  People consider Lindsey Lohan broke but she has plenty of money
Title: Re: Allen Iverson Begging for spare change in Atlanta
Post by: Schnauzer on August 19, 2014, 09:11:21 PM
Title: Re: Allen Iverson Begging for spare change in Atlanta
Post by: THE ARS on August 19, 2014, 09:34:43 PM

Yep....celebrities versions of broke are different than ours.  People consider Lindsey Lohan broke but she has plenty of money

You are broke, man.

Lindsay Lohan's 2002 Boxster is worth more than your home. :-X
Title: Re: Allen Iverson Begging for spare change in Atlanta
Post by: Pray_4_War on August 19, 2014, 10:49:20 PM


This is one of the most epic moments in NBA history.  So funny.


"How da hell can I make my teammates better by practicing"?

Title: Re: Allen Iverson Begging for spare change in Atlanta
Post by: Hurricane Beef ! on August 20, 2014, 04:23:20 AM
If there is a trust, any number of companies will factor that account and front him cash.

THE BEEF
Title: Re: Allen Iverson Begging for spare change in Atlanta
Post by: Devon97 on August 20, 2014, 05:06:14 AM
If there is a trust, any number of companies will factor that account and front him cash.

THE BEEF

THis. I"m surprised no one has mentioned that sooner.

A good example of a similar situation are these lottery winners who get several mill spread out over  10-20 years and they blow through their money early on and end up going that route.
Title: Re: Allen Iverson Begging for spare change in Atlanta
Post by: funk51 on August 20, 2014, 05:12:13 AM
Former NBA MVP & multi-millionaire Allen Iverson was caught begging for spare change outside of Lenox Mall in Atlanta.

(http://www.thenewsnerd.com/wp-content/uploads/2014/08/allen-iverson-begging-for-change-620x400.jpg)

“I don’t even have money for a cheeseburger,” said Iverson.

http://www.thenewsnerd.com/sports/allen-iverson-begging-for-change-in-atlanta/ (http://www.thenewsnerd.com/sports/allen-iverson-begging-for-change-in-atlanta/)
iverson and his hanger ons were famous for blowing through his money, one time he was supposed to be playing and he was hanging  out at tgif's in philly completely forgetting about the game. his moms came back to philly from a road trip with the sixers and forgot where she parked her new lincoln navigator, solution go out and buy another one.  he fired his personal assistant when the assistant told him his buddies were stealing from him.
Title: Re: Allen Iverson Begging for spare change in Atlanta
Post by: Stan Diego on August 20, 2014, 05:55:16 AM

Yep....celebrities versions of broke are different than ours.  People consider Lindsey Lohan broke but she has plenty of money

You probably ate dirt as a kid didn't you....

“The stories posted on TheNewsNerd are for entertainment purposes only. The stories may mimic articles found in the headlines, but rest assured they are purely satirical.”
Read more at http://www.inquisitr.com/1420954/was-allen-iverson-really-spotted-begging-for-change-outside-an-atlanta-mall/#T7TzpogQlTfCvFl8.99

It's a fake news site. Ever heard of "The Onion"
Title: Re: Allen Iverson Begging for spare change in Atlanta
Post by: Ronnie Rep on August 20, 2014, 06:34:03 AM
My buddy was friends with a guy who worked as a bodyguard for A.I. when he came to Miami to play the Heat. He said he would have parties that were like Porn shoots.
Title: Re: Allen Iverson Begging for spare change in Atlanta
Post by: That_Dude on August 20, 2014, 07:23:48 AM
Sad. This is a 30 for 30 episode in the making.


Nothing sad about a man who blew through 200 million irresponsibly.   Disappointing is a better way to put it.
Title: Re: Allen Iverson Begging for spare change in Atlanta
Post by: Option D on August 20, 2014, 07:26:54 AM
Allen Iverson ‘Seen Begging for Change Outside Atlanta’s Lenox Mall’ Article Not RealBy Jack Phillips, Epoch Times | August 18, 2014
Last Updated: August 20, 2014 12:04 amFeedback
An article saying Allen Iverson, the ex-Philadelphia 76ers great, was spotted "begging for change outside [of] Atlanta's Lenox Mall" is fake. Former Philadelphia 76ers basketball player Allen Iverson smiles during a news conference Wednesday, Oct. 30, 2013, in Philadelphia. Iverson officially retired from the NBA, ending a 15-year career during which he won the 2001 MVP award and four scoring titles. Iverson retired in Philadelphia where he had his greatest successes and led the franchise to the 2001 NBA finals. (AP Photo/Matt Rourke)



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An article saying Allen Iverson, the ex-Philadelphia 76ers great, was spotted “begging for change outside [of] Atlanta’s Lenox Mall” is fake.

The bogus report was posted on The News Nerd, a self-described “satirical” website.

“Troubled former NBA basketball player Allen Iverson was seen begging for change outside of Lenox Mall in Atlanta. Several mall patrons reported a man with a disheveled appearance harassing them for change,” it reads. “When security arrived, they were shocked to see it was none other than basketball legend Allen Iverson. Iverson was asked to leave the premises by mall security.”

According to a disclaimer, the website doesn’t post real news and shouldn’t be taken seriously. “The stories posted on TheNewsNerd are for entertainment purposes only. The stories may mimic articles found in the headlines, but rest assured they are purely satirical,” it says at the bottom of each page.

A number of people apparently believed the Iverson hoax. It was shared widely on Facebook–with thousands of “likes.”

“This is so sad and hard to take in. He has always been my favorite player and idol. What happened? Someone needs to help him get back on his feet. Why doesn’t the 76′ers help him. They have plenty of money! My heart goes out to him,” one person wrote in the News Nerd’s comments section
Title: Re: Allen Iverson Begging for spare change in Atlanta
Post by: polychronopolous on August 20, 2014, 07:30:23 AM
I just can't believe that story.

"Begging for change"? GTFO of here.
Title: Re: Allen Iverson Begging for spare change in Atlanta
Post by: _bruce_ on August 20, 2014, 07:41:18 AM
Racism took his money!
Title: Re: Allen Iverson Begging for spare change in Atlanta
Post by: MikMaq on August 20, 2014, 08:09:16 AM
A black man takes a girl home from a nightclub.
She says "Show me it's true what they say about black men".
So he stabs her and takes her purse.



A black woman was filling out forms at the welfare office. Under "Number of children," she wrote "10," and where it said "List names of children," she wrote "Leroy." When she handed in the form, the woman behind the desk pointed out: "Now here where it says "List names of children," you're supposed to write the names of each one of your children." "Dey all named Leroy," said the black woman. "That's very unusual. When you call them, how do they know which one you want?" asked the welfare worker. "Oh, den I uses the last names."
Title: Re: Allen Iverson Begging for spare change in Atlanta
Post by: JOHN MATRIX on August 20, 2014, 08:26:25 AM
A black man takes a girl home from a nightclub.
She says "Show me it's true what they say about black men".
So he stabs her and takes her purse.



A black woman was filling out forms at the welfare office. Under "Number of children," she wrote "10," and where it said "List names of children," she wrote "Leroy." When she handed in the form, the woman behind the desk pointed out: "Now here where it says "List names of children," you're supposed to write the names of each one of your children." "Dey all named Leroy," said the black woman. "That's very unusual. When you call them, how do they know which one you want?" asked the welfare worker. "Oh, den I uses the last names."

Lmao
Title: Re: Allen Iverson Begging for spare change in Atlanta
Post by: Thin Lizzy on August 20, 2014, 09:08:05 AM
He should've read this article which I've posted, here, numerous times.

That what Iverson gets for not being a Getbigger:

03/23/2009
How (and Why) Athletes Go Broke
by PABLO S. TORRE


• By the time they have been retired for two years, 78% of former NFL players have gone bankrupt or are under financial stress because of joblessness or divorce.

• Within five years of retirement, an estimated 60% of former NBA players are broke.

• Numerous retired MLB players have been similarly ruined, and the current economic crisis is taking a toll on some active players as well. Last month 10 current and former big leaguers--including outfielders Johnny Damon of the Yankees and Jacoby Ellsbury of the Red Sox and pitchers Mike Pelfrey of the Mets and Scott Eyre of the Phillies--discovered that at least some of their money is tied up in the $8 billion fraud allegedly perpetrated by Texas financier Robert Allen Stanford. Pelfrey told the New York Post that 99% of his fortune is frozen; Eyre admitted last month that he was broke, and the team quickly agreed to advance a portion of his $2 million salary.
Title: Re: Allen Iverson Begging for spare change in Atlanta
Post by: El Diablo Blanco on August 20, 2014, 09:14:08 AM
I swear some of you clowns just pull shit out of thin air.

"Allen Iverson fell on hard times when his basketball career abruptly ended. Though the 76ers legend is currently bankrupt, he does have a $30 million trust with Reebok, which he cannot access until he is 55-years-old."

He has probably leverage against all of that $30 million.  Creditors are probably waiting for him to get it to claim it back.
Title: Re: Allen Iverson Begging for spare change in Atlanta
Post by: Devon97 on August 20, 2014, 06:34:59 PM
A black man takes a girl home from a nightclub.
She says "Show me it's true what they say about black men".
So he stabs her and takes her purse.



A black woman was filling out forms at the welfare office. Under "Number of children," she wrote "10," and where it said "List names of children," she wrote "Leroy." When she handed in the form, the woman behind the desk pointed out: "Now here where it says "List names of children," you're supposed to write the names of each one of your children." "Dey all named Leroy," said the black woman. "That's very unusual. When you call them, how do they know which one you want?" asked the welfare worker. "Oh, den I uses the last names."

bahawawawawawawa ;D
Title: Re: Allen Iverson Begging for spare change in Atlanta
Post by: Nails on April 05, 2016, 07:56:41 AM
http://www.csnphilly.com/basketball-sixers/former-76er-says-allen-iverson-often-didnt-bring-bags-on-road-bought-all-new-gear (http://www.csnphilly.com/basketball-sixers/former-76er-says-allen-iverson-often-didnt-bring-bags-on-road-bought-all-new-gear)

Didn't like to drag luggage around on road games, so he just bought new cloths every road trip , and left it all in the hotel rooms when he left the city ..  :D
Title: Re: Allen Iverson Begging for spare change in Atlanta
Post by: Powerlift66 on April 05, 2016, 08:15:14 AM
Maybe he was one of the many who are out here begging on the Vegas strip...

At least 3 Dindu's a day hit me up for $$ since Ive been here, odd place  ::)
Title: Re: Allen Iverson Begging for spare change in Atlanta
Post by: Yamcha on April 05, 2016, 08:20:59 AM
There is a half-way house in my town that makes all the ex-drug head dindus sell loaves of bread.

They sneak up on you in parking lots if they see you parking, or they follow you, and your buggy full of goods, to your vehicle.
Title: Re: Allen Iverson Begging for spare change in Atlanta
Post by: funk51 on April 05, 2016, 08:25:06 AM
iverson still has his 32 million dollar trust fund from reebok, only problem he can't start collecting it till 2030 when he turns 55.
Title: Re: Allen Iverson Begging for spare change in Atlanta
Post by: doggler on April 05, 2016, 11:05:33 AM
He still gets 800 000 a year from reebokalone  .plus that trust fund waiting.
Title: Re: Allen Iverson Begging for spare change in Atlanta
Post by: El Diablo Blanco on April 05, 2016, 03:06:36 PM
Heard a story about how he travelled without suitcases.  Wherever he went he'd just stop at a store and buy clothes and shit then leave them behind.  What a smart way to blow through money.
Title: Re: Allen Iverson Begging for spare change in Atlanta
Post by: Simple Simon on April 05, 2016, 03:07:57 PM
Former NBA MVP & multi-millionaire Allen Iverson was caught begging for spare change outside of Lenox Mall in Atlanta.

(http://www.thenewsnerd.com/wp-content/uploads/2014/08/allen-iverson-begging-for-change-620x400.jpg)

“I don’t even have money for a cheeseburger,” said Iverson.

http://www.thenewsnerd.com/sports/allen-iverson-begging-for-change-in-atlanta/ (http://www.thenewsnerd.com/sports/allen-iverson-begging-for-change-in-atlanta/)
Did Goodrum advise him on investments?
Title: Re: Allen Iverson Begging for spare change in Atlanta
Post by: Vince G, CSN MFT on April 05, 2016, 03:41:50 PM
Did Goodrum advise him on investments?


Nope...Allen Iverson is far from broke.  He was lucky to have a friend look out for him in setting him up with a sealed account of 45 million dollars that he cannot touch until he turns 55.  In the meantime, he gets 1 million a year off the interest.  In addition, he'll start getting his NBA pension to which when he turns 45, he can get about 8k a month. 


As I stated before...broke as a celebrity is different from being broke
Title: Re: Allen Iverson Begging for spare change in Atlanta
Post by: drkaje on April 05, 2016, 03:52:52 PM

Nope...Allen Iverson is far from broke.  He was lucky to have a friend look out for him in setting him up with a sealed account of 45 million dollars that he cannot touch until he turns 55.  In the meantime, he gets 1 million a year off the interest.  In addition, he'll start getting his NBA pension to which when he turns 45, he can get about 8k a month. 


As I stated before...broke as a celebrity is different from being broke

Most people could eke by on one million per year.
Title: Re: Allen Iverson Begging for spare change in Atlanta
Post by: HTexan on April 06, 2016, 08:55:32 AM

Nope...Allen Iverson is far from broke.  He was lucky to have a friend look out for him in setting him up with a sealed account of 45 million dollars that he cannot touch until he turns 55.  In the meantime, he gets 1 million a year off the interest.  In addition, he'll start getting his NBA pension to which when he turns 45, he can get about 8k a month. 


As I stated before...broke as a celebrity is different from being broke
He is broke until 55 yo
Title: Re: Allen Iverson Begging for spare change in Atlanta
Post by: El Diablo Blanco on April 06, 2016, 09:01:29 AM
He is broke until 55 yo

Then will be broke by 57.
Title: Re: Allen Iverson Begging for spare change in Atlanta
Post by: FitnessFrenzy on April 06, 2016, 09:15:17 AM
No way.  Iverson made $154 million in salary alone in his career.  

He's probably just fronting like he's broke to keep his own money from getting spent up.

you never heard of a broke American sports star hebrew before? There are more than you can count on two hands
Title: Re: Allen Iverson Begging for spare change in Atlanta
Post by: Simple Simon on April 06, 2016, 09:45:52 AM

Nope...Allen Iverson is far from broke.  He was lucky to have a friend look out for him in setting him up with a sealed account of 45 million dollars that he cannot touch until he turns 55.  In the meantime, he gets 1 million a year off the interest.  In addition, he'll start getting his NBA pension to which when he turns 45, he can get about 8k a month. 


As I stated before...broke as a celebrity is different from being broke
Fucking lol, he wont live until 55 if hes flat broke.
Title: Re: Allen Iverson Begging for spare change in Atlanta
Post by: Nails on April 06, 2016, 09:49:15 AM
the first thing he will do when the cash starts flowing again , if he is still alive, is throw himself a million dollar celebratory party
Title: Re: Allen Iverson Begging for spare change in Atlanta
Post by: El Diablo Blanco on April 06, 2016, 10:11:02 AM
the first thing he will do when , if he is still alive, is throw himself a million dollar celebratory party

Purple Drank and Ace of Spades on the house.
Title: Re: Allen Iverson Begging for spare change in Atlanta
Post by: polychronopolous on April 06, 2016, 10:48:54 AM
Heard a story about how he travelled without suitcases.  Wherever he went he'd just stop at a store and buy clothes and shit then leave them behind.  What a smart way to blow through money.

Having to shop every day seems like a much bigger waste of time than dragging some luggage around a few hundred feet.
Title: Re: Allen Iverson Begging for spare change in Atlanta
Post by: doggler on April 06, 2016, 11:07:29 AM
His dumbasss mother forgot where she parked a car at the airport.

She said fuck it and just bought a new one. ;D ;D
Title: Re: Allen Iverson Begging for spare change in Atlanta
Post by: El Diablo Blanco on April 06, 2016, 02:07:55 PM
Having to shop every day seems like a much bigger waste of time than dragging some luggage around a few hundred feet.

He probably had his boyz take care of the shopping and they probably skimmed a lot off the top for themselves.
Title: Re: Allen Iverson Begging for spare change in Atlanta
Post by: Coffeed on April 06, 2016, 02:12:04 PM
Having to shop every day seems like a much bigger waste of time than dragging some luggage around a few hundred feet.
I'm going to go off on a limb here and say it was not a utilitarian venture. I'm sure the shopping was "ballerific" in every sense of the word!
Title: Re: Allen Iverson Begging for spare change in Atlanta
Post by: Tedim on April 06, 2016, 03:21:46 PM
Ha ha.....stoopid dindo