Allen Iverson Almost Signed Over His Entire Reebok Trust Fund To His Wife

aceboon

aceboon

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:whew: His wiz spared him an all time L.

http://m.solecollector.com/news/all...5%2B2015&utm_source=twitter&utm_medium=social

Allen Iverson's lifetime endorsement withReebok includes a $32 million trust fund that Iverson can't access until he turns 55 in 2030. But according to a new book, he might be losing half of that money due to marital issues.

In a new unauthorized biography of Iverson titled Not a Game: The Incredible Rise and Unthinkable Fall of Allen Iverson, author Kent Babb explains that the 76ers All-Star made an agreement in 2010 with his then-wife Tawanna that centered on the fund. According to the book, Iverson signed a postnuptial agreement when he and Tawanna began their divorce process where he agreed to forfeit the entire $32 million to her if he violated its terms. The agreement was initiated by Iverson in hopes that he could win his wife back by proving himself a good husband. Terms of the agreement included:

  • Can not cheat or have children outside of marriage.
  • No physical or verbal abuse.
  • Must attend marriage counseling.
  • Must speak to therapist about drinking and gambling problems.
  • Can never gamble again.
  • Must be home by midnight.
  • Must discuss any purchases over $5K.
In the book, Babb says that Iverson failed to lived up to the terms. So, Tawanna finalized the divorce process and is now entitled to the entire $32 million Reebok fund – although she's apparently decided to give him half of the money when it's available in 2030.
 
T

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aceboon said:
:whew: His wiz spared him an all time L.

http://m.solecollector.com/news/all...5%2B2015&utm_source=twitter&utm_medium=social

Allen Iverson's lifetime endorsement withReebok includes a $32 million trust fund that Iverson can't access until he turns 55 in 2030. But according to a new book, he might be losing half of that money due to marital issues.

In a new unauthorized biography of Iverson titled Not a Game: The Incredible Rise and Unthinkable Fall of Allen Iverson, author Kent Babb explains that the 76ers All-Star made an agreement in 2010 with his then-wife Tawanna that centered on the fund. According to the book, Iverson signed a postnuptial agreement when he and Tawanna began their divorce process where he agreed to forfeit the entire $32 million to her if he violated its terms. The agreement was initiated by Iverson in hopes that he could win his wife back by proving himself a good husband. Terms of the agreement included:

  • Can not cheat or have children outside of marriage.
  • No physical or verbal abuse.
  • Must attend marriage counseling.
  • Must speak to therapist about drinking and gambling problems.
  • Can never gamble again.
  • Must be home by midnight.
  • Must discuss any purchases over $5K.
In the book, Babb says that Iverson failed to lived up to the terms. So, Tawanna finalized the divorce process and is now entitled to the entire $32 million Reebok fund – although she's apparently decided to give him half of the money when it's available in 2030.
Click to expand...
kgface.gif
 
aceboon

aceboon

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thereheis said:
I'm about 100 pgs in (out of about 300), so I didn't see this part yet if it is there.

This book came out June 2. I'm not into celebrity lives, but this caught my attention as an Iverson fan

Click to expand...

Yea this is it, I might have to cop
 
40oz

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do all the work and give all the money to a bedwench brehs
 
Remote

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aceboon said:
  • Can not cheat or have children outside of marriage.
  • No physical or verbal abuse.
  • Must attend marriage counseling.
  • Must speak to therapist about drinking and gambling problems.
  • Can never gamble again.
  • Must be home by midnight.
  • Must discuss any purchases over $5K.
Click to expand...

Those have to be the all-time WOAT contract terms ever. Who the fukk would agree to that shyt?

You have any idea how vague "verbal abuse" is?

:what:
 
Maximus

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aceboon said:
:whew: His wiz spared him an all time L.

http://m.solecollector.com/news/all...5%2B2015&utm_source=twitter&utm_medium=social

Allen Iverson's lifetime endorsement withReebok includes a $32 million trust fund that Iverson can't access until he turns 55 in 2030. But according to a new book, he might be losing half of that money due to marital issues.

According to the book, Iverson signed a postnuptial agreement when he and Tawanna began their divorce process where he agreed to forfeit the entire $32 million to her if he violated its terms. The agreement was initiated by Iverson in hopes that he could win his wife back by proving himself a good husband. Terms of the agreement included:

  • Can not cheat or have children outside of marriage.
  • No physical or verbal abuse.
  • Must attend marriage counseling.
  • Must speak to therapist about drinking and gambling problems.
  • Can never gamble again.
  • Must be home by midnight.
  • Must discuss any purchases over $5K.
In the book, Babb says that Iverson failed to lived up to the terms. So, Tawanna finalized the divorce process and is now entitled to the entire $32 million Reebok fund – although she's apparently decided to give him half of the money when it's available in 2030.
Click to expand...

:what: How does a man hand over his balls to a broad like that?

Iverson's got to be one of the dumbest guys in the world:francis:
 
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