“I don’t even have money for a cheeseburger” - Allen Iverson :damn:

[trick]

He's responsible for his own downfall. He had a ton of options, even when he fall out of favor in Turkey. He should've taken that China deal years ago. He would've been caking off shoe sales and sponsorships like Marbury did.

 

[thaKEAF]

Basketball was Iverson’s sanctuary, and he signed huge contracts: a six-year deal in 1999 worth $70.9 million and, four years later, a new agreement worth $76.7 million. Reebok signed him to a huge endorsement deal, including a deferred trust worth more than $30 million, a lump sum he can’t touch until he turns 55.

 

[the bossman]

No way one man can blow that much money himself. His boys, agent, lawyers, accountants, and wifey were more than likely robbing him blind. I'm sure they had access to his bank accounts, credit and debit cards.

you don't remember Antoine Walker breh? lost $110 million

Former NBA Star Antoine Walker, Who Lost Millions, Helps Others Avoid Fate

 

[*Hulks Up*]

He's responsible for his own downfall. He had a ton of options, even when he fall out of favor in Turkey. He should've taken that China deal years ago. He would've been caking off shoe sales and sponsorships like Marbury did.

Wasn't his shoe deal with Reebok a 'lifetime' contract? He still should see some type of royalties from them, HELL he was just on the cover of the XXL/SLAM crossover Reebok issue with Rick Ross and Tyga(?) He shouldn't need his wife to give him all of the money she had in her purse so he can have food to eat. AI at the very least should be poor not broke broke.

Yeah, not taking the China deal is still puzzling, maybe AI didn't like the particulars involved and passed. He clearly isn't with playing ball outside of the US, Marbury had a family structure to help him ease into that foreign life, AI doesn't, he just got a bunch dudes leeching off him.

 

[aqualung]

The above-quoted excerpt is page 1 of, like, 5 pages. Each page is more damning than the last.

He earned over $150 million during his career. Where did he put it all?

 

[Danie84]

After reading that, can't believe I used to be an AI stan. So he wants to play so bad back in the NBA, but declines a conditioning program with the guy behind training Tobe and Mike

...the Reebok trustfund going to his wife is a slap in the face

She wasn't shooting with him, in the gym

 

[stepbackj34spud]

In 2009 Iverson made 20million dollars, basketball reference has him at 154mil off his nba contracts. I refuse to believe he is broke.

 

[LastEmperor2k2]

Let me cry for this loser.

 

[#1 pick]

A.I. is broke right now. He can't touch his lottery money till he's 55.

 

[jfkennedy]

I don't feel bad at ALL for anyone who was a millionaire, who claims to be broke.

*looks at bank account*

Nope, no fukks given.

 

[trick]

Wasn't his shoe deal with Reebok a 'lifetime' contract? He still should see some type of royalties from them, HELL he was just on the cover of the XXL/SLAM crossover Reebok issue with Rick Ross and Tyga(?) He shouldn't need his wife to give him all of the money she had in her purse so he can have food to eat. AI at the very least should be poor not broke broke.

Yeah, not taking the China deal is still puzzling, maybe AI didn't like the particulars involved and passed. He clearly isn't with playing ball outside of the US, Marbury had a family structure to help him ease into that foreign life, AI doesn't, he just got a bunch dudes leeching off him.

I can't account for what happened in court, since he was a fukk up and the courts always side with the woman. Plus with the Reebok contract, if we're not in his inside circle we wouldn't know what type of perks he's entitled to.

I feel terrible that he's been way too giving and been burnt so many times, but he has had so many opportunities (Turkey, China, Tim Grover, the Mavs) that he turned down. He could've been back on his feet already, he's just too proud to accept any help.

 

[Silkk]

 

[Wiirdo]

at all the guys on here saying that he was caking on the low.

 

[Kobes Two Jerseys]

 

[Black Hans]

150 mil in salary ALONE? And this nikka is broke?



Edit: Why do people keep mentioning his endorsement deal when this fool made 150 mil in NBA salary alone and blew it? That Reebok shyt doesn't matter. He's still an idiot.