Iverson talkin' bout finance in divorce court. Says he loses $300K/month
Allen Iverson and wife Tawanna remain engaged in a bitter divorce and The Answer recently outlined his finances in court documents filed in Georgia, and claims he runs a defecit of close to $300K per month according to a TMZ report.
Iverson talkin' bout finance in divorce court. Says he loses $300K/month
Dan Gross
Allen Iverson and wife Tawanna remain engaged in a bitter divorce and The Answer recently outlined his finances in court documents filed in Georgia, and claims he runs a deficit of close to $300K per month according to a TMZ report.
Iverson says monthly expenses cost him about $360,000 per month while he brings in income of $62,500 per month.
According to the court filings, Iverson pays more than $125,000 to assorted creditors including his jeweler, and also spends money on several mortgates, though as TMZ states, his Atlanta mansion is about to be auctioned off.
A.I. reports that he spends $10,000 a month on clothes, $10,000 on groceries, $1,000 on dry cleaning and $10,000 per month on restaurants (It’s unclear how much is spent at T.G.I. Friday’s) and entertainment.
Iverson, who earned about $150 million throughout his NBA career, still owns a Maybach valued at nearly $400,000.
What was wrong with the Bentleys in which he used to cruise around Philly?
My bad. Not enough practice, I guess. Did TAWANNA— obx2003- Don't worry, his Posse will be there for him!— cooperhawk
- With $10K monthly spent on new clothes , just throw away in the trash the clothes you wear daily and save the $1K monthly paid to the cleaners.— zen
- Wow -that's a big "mortgates". Nice ed.it.ing.— franka
- He took 22 people on his honeymoon. Private jet he rented was $110k. I watched it at Atlantic Aviation.— boroughboy
- ....and don't forget Mike Tyson blew threw $300MM. I like the guys who said it's a regular failed marriage, he's just like you and me.— boroughboy
- How much does he spend on books?— pedge
- Wow,figured he spent $2-3000 per month on his gangsta tattoos.— TEDcGEGI
- I thought he didnt spend $0 on clothes after he put wife out of house naked and put a gun to Mr Pum-Pum's head.— AlwaysRight
- Twenty k on food. Now that's a "roll" model.— jrsbarfarm
