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Keyword: alaniverson

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  • After $154M, Allen Iverson may be broke (One Time NBA Scoring Champ Can't Pay his Bills)

    02/16/2012 8:21:54 AM PST · by SeekAndFind · 59 replies · 2+ views
    CBS News ^ | 02/16/2012 | Joshua Norman
    At one time, there was no more famous nor more sought-after basketball player than Allen Iverson. Dubbed "The Answer" to a Michael Jordan-less NBA, Iverson scored numerous record-setting deals and endorsements. In NBA salary alone, he earned about $154 million, according to basketball-reference.com. Now, a judge in Georgia has ordered Iverson to pay the $860,000 he apparently owes a jeweler, The Philadelphia Inquirer reports. The problem is, he didn't have the cash to pay the jeweler, so the judge has ordered his bank accounts commandeered and his earnings garnished. Rumors about Iverson's insolvency began as far back as 2010, when...