Allen Iverson Begging for spare change in Atlanta

[Devon97]

Former NBA MVP & multi-millionaire Allen Iverson was caught begging for spare change outside of Lenox Mall in Atlanta.



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

http://www.thenewsnerd.com/sports/allen-iverson-begging-for-change-in-atlanta/

[Coach is Back!]

Sad. This is a 30 for 30 episode in the making.

[240 is Back]

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.

[HTexan]

And the fuck up thing is in 15 or so years he is getting 55 million

[Devon97]

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."

[Built6foot5]

Is this story legit?

[Royalty]

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.

[240 is Back]

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.

[Devon97]

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."

[nasht5]

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

[Army of One]

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.

[DanielPaul]

No sympathy , he chose to be irresponsible

[ProudVirgin69]

"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

[Nails]

Broke but made many ugly stank hoes rich makin it rain on dem fo years son!!!!

[Schnauzer]

Great, another black guy begging for change

[Hulkotron]

There is no way this is real, he made vast sums of money.

[THE ARS]

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.

[THE ARS]

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.

[Vince G, CSN MFT]

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

[Schnauzer]

[THE ARS]

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.

[Pray_4_War]

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


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

[Hurricane Beef !]

If there is a trust, any number of companies will factor that account and front him cash.

THE BEEF

[Devon97]

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.

[funk51]

Former NBA MVP & multi-millionaire Allen Iverson was caught begging for spare change outside of Lenox Mall in Atlanta.



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

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.