Allen Iverson's expense report..

[Malik Hairston]

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.


http://www.philly.com/philly/blogs/phillygossip/Iverson-talkin-bout-finance-in-divorce-court-Says-he-loses-300Kmonth.html

[AussieFanKurt]

what is wrong with him?

[HI-FI]

that's one thing I love about Bonner. he lives the life I would lead if I was in his position, frugal as shit. if you're smart and making the minimum, you could still live very well. the hood rats will never learn.

[pass1st]

He would be on the streets if it wasn't for the genius that restricted his access to his funds. All thuggish basketball players should have somebody do that to their earnings because it's inevitable they end up like Sprewell.

[Bill_Brasky]

These idiots literally act like children as soon as they have a little money.

[Dex]

$10,000 a month on groceries? What the fuck is this guy buying?

[Dex]

For those of you who haven't seen the ESPN 30 For 30 "Broke" episode, I highly recommend it. It very thoroughly explains how these idiots blow through earnings.

[jeebus]

shocking. a ###### who can't keep his finances in order.

[pass1st]

$10,000 a month on groceries? What the fuck is this guy buying?

I'm assuming groceries includes alcohol and if you're rich you probably go for the top shelf booze.

[Dex]

I'm assuming groceries includes alcohol and if you're rich you probably go for the top shelf booze.

Perhaps. Makes a little more sense that way.

In Texas, liquor is not sold in grocery stores. Only beer and wine. We have to go to liquor stores for the hard stuff, so I don't immediately think of it in the same sentence with "groceries".

[Latarian Milton]

nigga is used to living that way n he never wants to revert to a frugal life he used to live before being drafted in 96, niggas just smoke em money fo fun tbh

[JRHernandez88]

shocking. a ###### who can't keep his finances in order.
Lmfao. Dammmm you did em dirty boy.