I’m a huge sports fan and I know i’m not the only one that wondered what happened to Allen Iverson?! Not playing in the league for a few years now, Iverson has been continuously been in more and more financial trouble. Apparently he still has bills that he can’t nearly afford but he’s been riding in style, Maybach riding.
After recently filing docs in GA court for his nasty divorce from his ex Tawanna Iverson, which is probable at the top of his financial woes, Allen is remains living beyond his financial means. He brings in $62,500 in monthly income but his expenses amount to $358,376.66 per month. Do you see the big difference?!
The majority of his money is spent paying of creditors, $125,749.33 to be exact and also his mortgage for his home in ATL which won’t be much of a problem for long because that house is about to be auctioned off. Then he has other expenses, thousands of dollars on clothes, groceries, house items, dry cleaning, entertainment, and restaurants.
He’s so used to making that $150 million as an NBA star that him needing to change still hasn’t hit him apparently. Every month he’s in the hole about $295,876.66. But despite all his money woes he’s still riding clean in in his fully paid Maybach, which is worth $340k-$400k.
He’s going to have to have to give that up eventually so he better enjoy it while he can.
CherishMe_Chas 