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?
Man I wish he was still playin for the Sixers !!— biagio77- "Defecit"? Any editors working at this publication?— Larry Brown
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Do people really take jeans and jerseys to the dry cleaners?- "Iverson says monthly expenses cost him about $360,000 per month while he brings in income of $62,500 per month."
Unreal... 
So according to Iverson he spends $800 per day, every single day on food? $200 Breakfast $300 Lunch $300 Dinner every single day. And the top 2% don't want to pay more taxes.- $10K a month at restaurants. Hey, Allen, ever here of Audi's?— mike l
- You can take the homie out of the hood but you can't take the hood out of the homie. This tool will be pennieless befroe he is dead.— Rowdy Yaytes
- NO SYMPATHY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!— brio
- I don't think I've spent 10K on clothes during my entire lifetime.— Jeff Dowder
- Sad. Very sad. And pathetic.
— TexColorado - Lenny Dyksta's in jail. It's just a matter of time before T.O. ends up there. And A.I. is well on his way. Sad and pathetic. I wonder if Ryan Howard got a pre-nup. Or maybe he'll just eat his fortune away. If a little guy like A.I. can spend $20,000/month on groceries and restaurants, imagine what Howard can spend.
— TexColorado - $150,000,000 and he's broke. Yup dem brovers nos howz 2 spendz....— mainstreet
- He's full of it, he is saying that because he is in divorce proceedings. The less he says he makes the less he has to give up. Another dead beat dad.— krautmef1
- I read this article, and all I could do is shrug my shoulders.— franknbeans
- I read this article, and all I could do is shrug my shoulders.— franknbeans
