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lol mavs
lol mavs
Should have taken it, tbh. I don't see another way for him to make a comeback. He has to showcase his talent somewhere, if he has any left.
Shame. I would've liked to have seen him reclaim the chucker le one last time.
Wouldn't even play off the bench in the NBA, much less play in the D league. I wouldn't do it either though. He's got a reputation to protect.
didnt he goto china? wouldnt that be same as dleague or bench role...
More $$$ in China.
AI still has money (surprisingly, tbh). Plus he gets a sizable monthly check from Reebok. Playing for like $250 a game in the D-League or whatever it is would be a dumb financial decision. Keeping his "street rep" is more valuable to him than potentially embarrassing himself for chump change.
Doesn't Iverson have a lot of money put away by someone else that he can't legally touch until he turns 55? But that he still gets a monthly check from?
nba pension? i think all former players are eligible as long u are 3 years in the league or some ....
he hasnt filed for bankruptcy yet which is different then foreclosure....
Nah, I think someone in his inner circle was able to get him to stash money away so that it would be available to him in the future. At least there was one person who gave a about him when he was blowing all his money on jewelry and all.
Here it is:
http://www.nypost.com/p/sports/more_...RD1lNMWBFuyJ/0
However, hold the bankruptcy proceedings. 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.
So he thinks.
Damn, good find
I was wondering how he still had money since ex-players with huge entourages who frequent casinos are usually broke within a year or two after they retire. That plus the Reebok check should keep him rich until age 56 or so.
whats the schtick with rags to riches black athletes feel like theres an obligation to support their entourages extended family and ?....when ur broke nobody gives a about you, when ur rich they come knockn on your door....or when they are rich, they are uncontactable when ur askin for money...Damn, good find
I was wondering how he still had money since ex-players with huge entourages who frequent casinos are usually broke within a year or two after they retire. That plus the Reebok check should keep him rich until age 56 or so.
IIRC he set up a blind trust, which is the account that BB cited. Smart move and he's very, very fortunate to have listened. 1M year allows a nice lifestyle still (I am not sure about the money from Reebok or what that entails either)
"The first Reebok contract was worth $5 million a annually. Apparently, that yearly payout is guaranteed for life."
http://celebnetworth.org/allen-iverson-net-worth-salary
after taxes and funding his entourage if he has any....he wont have much to spend, but is probably living better then most of america...
i dont get why he or any athlete have any obligation to help members and entouarge, they come and go once ur broke
i checked tim duncan on that site, lol the idiot utah resident who commented on the page
He's supposed to have special knowledge of that or what? If I hit the big time I wouldn't forget my friends. I'd call them and remind them every day. "Whacha doing?" "Oh working as usual" "not me, ".
He's a piece of tbh, not sure why he wouldn't just take it for the good of his career. Using his logic MJ should still be starting for the bulls
LMAO you know your're when even desperate AI doesn't wanna play for your stain of a system.
He has some annuity that pays $1,000,000 a year to him because of a $30,000,000 investment he made where he gets the $30,000,000 principal back at some point.
The fact that annuity is all he has left is pretty remarkable.
EDIT: looks like you beat me to it
Ouch. So much for Georgetown educations.
Clowns with beer guts like you have no ing idea about how to hoop...it disgusts me to see fat disgusting clowns like you passing judgements on real ballas...just for the record...AI should have a place in the top 12 list simply by virtue of the refs systematic conspiracy cheating against him...no one ever wants to talk about this or what it means to the record / history books...or his legacy for that matter...I don't know of any other players the refs admitted to openly cheating against. pretty ing sad...
this is one of the few remaining CBS vids left as I'm sure the commish paid people off to remove the video reference:
http://www.boobootv.com/2009/12/07/r...to-win-20-min/
If you were once one of the biggest superstars in the NBA, why would you go play in the D-league just for a "chance" to get back in the league? He's better off just never playing basketball ever again. MJ comment is off base. It's not like when MJ un-retired to play for the Wizards, he went to play for some CBA team first to try out and let the Wizards see if they wanted him or not.
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