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."