allen iverson

sure you have all heard that he had financial issues during the last few years. I thought he was going to end up as another ex-nba star that was broke as hell. Guess I'm wrong.

From an article online
He is far from insolvent, at least in the real world, if not in harmony with his "nothing in moderation'' lifestyle. Someone who cared a great deal for Iverson and grasped the extent of his habits, loyalties and generosity protected him to some degree from financial ruination, at 36, at any rate.

A person with a firm grip on the situation informs me Iverson has an account worth $32 million, a principal he is prohibited from touching until 55. In the meantime, it feeds him $1 million annually.

At 45, Iverson is eligible to start drawing on an NBA pension that maxes out at 10 years of active duty, or take whatever's there as lump sum. He will be entitled roughly to $8,000 per month ($800 per x 10).

If at all possible, Iverson will issue a restraining


If true, why don't all athletes that make a big amount set something up like this. Protect them from themselves.

Just saw this, do you have a link. I want to show a buddy of mine who is a huge AI fan.

This is such a smart idea.

Ali wrote:This is such a smart idea.

I think this is why all athletes don't do this.

Gumby wrote:

Ali wrote:This is such a smart idea.

I think this is why all athletes don't do this.