Report: Allen Iverson Has Blown Over $150 Million

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 6 years ago '05        #81
TheT 21 heat pts21
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 Ra-da-god said:
Slavery/willie Lynch programming/over the last 400 years

you are right, but if you break a man from his very foundations....

oy.....@ A.I
People still believe that willie lynch stuff?
 02-14-2012, 01:52 PM         #82
KingoBling  OP
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 QualityRecords said:
Sickening unless he donated 75% of it, which I highly doubt. If I had 150 million my great great great grand kids would still be set for life.
this article is typical of someone sour over another person who had money,


how much in taxes did he pay, compared to what they say he made.


if thy say he makes 20 million a season, he's only making around 13.
 6 years ago '07        #83
kakish 9 heat pts
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lol @ people who believe all these AI rumors.
 6 years ago '04        #84
KidKingGoD 3 heat pts
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 CA$H said:
First im like no fu*king way the n*gga went thru $150M's...then im thinking ok Uncle Sam took his cut off top so lets say $75M'sYou can still blow some dough and still retire by 36 and live out the rest of your days on a beach getting head from beautiful bi*ches everyday. But then i start thinking this is A.I we talking aboutso you gotta calculate the weed, pills, liquor, bi*ches, jewerly, legal fees, shopping sprees, multiple cars and cribs, 5 kids, a divorce, leech a.ss friends and family, bad investments and business decisions, taxes and a mean gambling problem...now im like
 6 years ago '10        #85
mixtapelive 272 heat pts272
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 QualityRecords said:
Sickening unless he donated 75% of it, which I highly doubt. If I had 150 million my great great great grand kids would still be set for life.
If you had $150 mil you wouldn't even see half of it cause it would be going to taxes/agent/manager fees that's only initially

still 75 mil is a lot of money but once you get accustomed to that lifestyle and once the checks stop coming in that money will go FAST! checks stop coming but the bills are still coming in.. a lot of these NBA players aren't really business minded or disciplined to be able to manage that much money. so not surprised

just look at the stats.. 65% of nba players go broke 5 years after retirement


Last edited by mixtapelive; 02-14-2012 at 02:35 PM..
 6 years ago '04        #86
Aesop730 14 heat pts14
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All speculation , he signed a $100 million lifetime contract with Reebok, Im sure he got an advance and then gets an annual check from them . He made damn near $300 million when you take into account endorsements and everything He just didnt wanna pay the bill , but the judge got his a.ss , this ain't no $1000 chain or loan , n*gga this six figures , they coming for that .
 6 years ago '04        #87
justinjones 307 heat pts307
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i wouldn't be surprise if he did blew all that money. don't he be gambling and drinking at the strip club all the time?
 02-14-2012, 09:13 PM         #88
ahenson  OP
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1/2 for taxes. another 1/2 for administerative, lawyers, accountants, trainers, bad investments, etc. that's $37.5 mill. That's easy to blow if you're not financially savvy and come from poverty. This is also over the span of 14+ years. That's around $2.6 mill per year to blow on misc shiiit, again not difficult. Hand at a high stakes table is $100k. Understandable, at least he can say he did it on his deathbed, unlike 99% of the population.

this is why u have to give props to n*ggas like birdman who been stunting very hard for decades, and still have money. allen iverson is a fu*king basketball player from the hood, not Warren Buffett or a business man.
 6 years ago '08        #89
DAHNIC 
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i dont believe he made dat much...:bsflag:
 6 years ago '07        #90
NuffGanja 117 heat pts117
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What about a.ssets?
 6 years ago '08        #91
Sowhat 1 heat pts
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I think AI probably thought dude was giving him the chain for free, then dude sends him an invoice. Wouldn't be surprised at all. AI just saying fukk you to this jeweler.
 6 years ago '07        #92
KnicksLost 17 heat pts17
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 KnightOfTears said:
Dude probably dropped a nice chunk of that showing off at the Chic-A-Sea in Newport News. VA paying for a $5 meal with a c-note talkin' bout some "Keep the change". sh*t is hilarious how much money people just waste.
heard he was a regular at the applebee's out there and he was on his hollywood sh*t doing sh*t like that
 6 years ago '07        #93
KnicksLost 17 heat pts17
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 ahenson said:
1/2 for taxes. another 1/2 for administerative, lawyers, accountants, trainers, bad investments, etc. that's $37.5 mill. That's easy to blow if you're not financially savvy and come from poverty. This is also over the span of 14+ years. That's around $2.6 mill per year to blow on misc shiiit, again not difficult. Hand at a high stakes table is $100k. Understandable, at least he can say he did it on his deathbed, unlike 99% of the population.

this is why u have to give props to n*ggas like birdman who been stunting very hard for decades, and still have money. allen iverson is a fu*king basketball player from the hood, not Warren Buffett or a business man.
ya numbers are wayyyyyy off playboy....37.5...no way in the world
 6 years ago '06        #94
Loco Poe 
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