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10 years from today allen iverson will be awarded $32 million


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 2 months ago '18        #1
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wildish  topics gone triple plat - Number 1 spot x26
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10 years from today allen iverson will be awarded $32 million
 

 
A $32 million fund available to Iverson at age 55 will become unlocked for him exactly 10 years from now.........how long do you think it will be before he spends it all & goes broke?

here r his current spending habits with an 800 thousand a year payday

Allen’s financial situation came to light in 2012 after a judge ordered him to pay $900,000 to a Georgia jeweler but apparently Iverson didn’t have the funds to cut the check.

In a December 2012 court filing, Iverson told a judge in Georgia that his monthly income is $62,500 but that his expenses were $360,000! The breakdown was as follows:

– $125,000 goes to paying back various creditors and mortgages.

– $10,000 on clothes,

– $10,000 on restaurants/entertainment

– $10,000 on groceries.
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38 comments
 

Top 10 most propped recently  2 months ago '19        #2
Big Tymerz  topics gone triple plat - Number 1 spot x26
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 2 months ago '09        #3
TriniSoldier 
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what is wrong with you fu*kin weirdos man
+63   

 2 months ago '18        #4
The Playboy  topics gone triple plat - Number 1 spot x1
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10k a month on groceries....wtf is he feeding a public school
+32   

 2 months ago '07        #5
sleep23rd 
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 TriniSoldier said
what is wrong with you fu*kin weirdos man
they are white
+36   

 2 months ago '04        #6
Yelsgnik  topics gone triple plat - Number 1 spot x2
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He probably got a loan out on that money so hes not going to see any of that money by the time he is 55
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 2 months ago '18        #7
wildish  topics gone triple plat - Number 1 spot x26 OP
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 TriniSoldier said
what is wrong with you fu*kin weirdos man
The lifetime deal awarded Iverson $800,000 annually and includes a $32 million trust fund that the player can access when he turns 55 in 2030.

do u really think he isnt going to blow that in less than 5 years
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 2 months ago '07        #8
ptwist 
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I’m in Vegas and I know some dealer friends who dealt blackjack to him in AC... used to play at the high rollers back in his playing days, but chills at the $10 limit like everyone else. Can only imagine how hard he went when he was getting millions. Hope he been lowkey on it but I doubt it.

They also dealt to Kevin Hart and you can really imagine someone as successful as him go through all the highs and lows of gambling. Everyone can be like “oh he’s still got money” but imagine him doing a show where he’s putting his all into it... only to just spill it back to The Cosmopolitan the same night. It’ll make anyone, no matter how big their bank account is, deflated and depressed. Dealer mentioned he was a full on d*ck on those bad runs.

Kev also mentioned it in interviews too. Some people just hate losing.


Last edited by ptwist; 02-19-2020 at 05:28 PM..
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 2 months ago '05        #9
Tha Boss  topics gone triple plat - Number 1 spot x2
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I was just wondering when Iverson was about to get lonely from them. Thanks op
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 2 months ago '17        #10
dubsax 
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really its closer to 60 million.

with compound interest if he got 2% over the almost 30 years he will have had the account. it comes out to about $57,963,570

smartest thing the sixers owner pat croce told him to do
+15   

 2 months ago '19        #11
SuperPawgHunter  topics gone triple plat - Number 1 spot x2
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Extremely gifted and horrible with money.

Life is so fair.

Sike, I lied.
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 2 months ago '13        #12
J Thrilla 
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Where’s your fu*king source OP?
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 2 months ago '19        #13
yosemite sam 
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 wildish said
A $32 million fund available to Iverson at age 55 will become unlocked for him exactly 10 years from now.........how long do you think it will be before he spends it all & goes broke?

here r his current spending habits with an 800 thousand a year payday


expense report is from 2012 you idiot....reported
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 2 months ago '18        #14
BG704 
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Considering he not a kid and by 55 he should have some sense, I’ll say he ain’t going broke. Especially if he stay round here in Charlotte. It ain’t that expensive here.
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 2 months ago '05        #15
Dun Language  topics gone triple plat - Number 1 spot x8
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Why you counting mans doe ray me bruv?
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 2 months ago '09        #16
That Guy Fly 
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Who gives a fu*k, that ain't my business
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 2 months ago '14        #17
titans7 
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how long do you think it will be before he spends it all & goes broke?

Had to slap your post for that lame hater sentence wishing poverty on Iverson because you are jealous of his fame, accomplishments and money.

I think his ex wife already sued in court to get half of that money so it may be less by the time he is eligible to receive it. Family court is crazy they will reach into the future and take away money to give to his ex wife that even Allen cant start spending yet.
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 2 months ago '16        #18
NYNY 
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 2 months ago '09        #19
Willi263 
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We get this post and the bobby banilla one every fu*kin year
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 2 months ago '17        #20
Movadovato 
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You sound like a bi*ch....

Stay out of other mens pockets you f******

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 2 months ago '15        #21
suavehooper  topics gone triple plat - Number 1 spot x36
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I don't get it why are people mad about this?

Iverson DOES get 32 million when he turns 55, plus interest.
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 2 months ago '20        #22
JustSomeGuy187 
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 sleep23rd said
they are white

 2 months ago '07        #23
Avon_Barksdale  topics gone triple plat - Number 1 spot x40
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 J Thrilla said
Where’s your fu*king source OP?
Whats the source for that any?


 2 months ago '13        #24
mkhrt92 
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I forget the story, whether it was his agent or money guy, but they put a lot of his money away and had made wise investments on his behalf.
+1   

 2 months ago '18        #25
wasabi206 
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For all you know he already took a loan on that future income. Sad.
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