People were stunned to learn just how fast NBA icon Allen Iverson blew through his career earnings of more than $150 million. After only three years removed from his playing days in the NBA, “The Answer” is looking for one to settle his debts, pay alimony and child support and to earn a living for the rest of his life.
Yes, Iverson has a $30 million trust fund from Reebok but he can’t touch that until he is 55 years old. Iverson is 37 now, which means he has to find some other way to feed himself between now and then.
How do you blow through nearly $200 million in career earnings? It starts like this:
Iverson hated luggage, so he would buy new clothes on virtually every road trip, according to media reports. Remember that there are 82 games in an NBA season with half of them on the road, and Iverson reportedly did this every year. That’s a lot of purchases.
