Showing posts with label allen iverson broke. Show all posts
Showing posts with label allen iverson broke. Show all posts

Sunday, June 9, 2013

Struggle Continues: Iverson $40K Behind On Child Support Payments. His Ex-Wife Wants Him Thrown In Jail.

Allen Iverson went through a bitter divorce with his ex-wife Tawanna Iverson.

In February a judge gave Tawanna legal and physical custody of their five kids.

The judge also ordered A.I. to cough up $8000 a month in child support for the kids, but according to his ex, he hasn't paid her a dime of what he owes.

Tawanna has now filed new court documents asking a judge to force Iverson to pay$40,000 in back child support and throw him in jail in necessary.

Wednesday, April 24, 2013

The Struggle Is Reallllly Real: Allen Iverson So Broke He "Couldn't Afford a Cheeseburger"

The Washington Post reported that Iverson pulled out his pants pockets during the proceeding, and declared "I don't even have money for a cheeseburger," as he turned to his estranged wife, Tawanna. Her heart went out to Allen, whom she gave $61 to, in hopes of helping him out.

Iverson amassed over $140 million during his NBA career, which included a huge deal with Reebok.

The money seems all but squandered now, except for a $30 million deferred trust from Reebok, which he can't touch until he turns 55.

Like other professional athletes, it seems that Iverson's story will remain a cautionary tale for those just starting out.