Allen Iverson Begging for spare change in Atlanta

[Bouncer]

Former NBA MVP & multi-millionaire Allen Iverson was caught begging for spare change outside of Lenox Mall in Atlanta.

“I don’t even have money for a cheeseburger,” said Iverson.

"Over his NBA career, Iverson made over $154.5 million in salary. The 39-year-old also racked up quite a bit of income in endorsements, bringing his income to over $200 million.

Iverson blew through his money at an alarming rate on gaudy jewelry, expensive cars, and other frivolous purchases. In 2012, a Georgia judge garnished his wages to satisfy a $859,896.46 debt to a jeweler."

"Allen Iverson fell on hard times when his basketball career abruptly ended. Though the 76ers legend is currently bankrupt, he does have a $30 million trust with Reebok, which he cannot access until he is 55-years-old."

[Turbo3000]

Dumbass.

I need to run by Lenox this weekend and see if I can get an autograph.

[Bouncer]

think about how much 200 million is. if you made a million a year, it would still take you 200 years to make that shit. LMAO @ being able to blow through that much money. what a dumb fuck.

[TKD]

On Mike and Mike they were taking about a story a former team mate told. Iverson didn't like traveling with luggage, so every time he traveled he would buy clothes at his destination and then leave it behind.

[dna9488]

What a moron. I'm glad he's begging on the street. Keep on doing it, he's stupid for being reckless in the first place

[Bouncer]

Wonder if he'll be more careful when he gets his $30 mil from reebok when he's 55?

[dna9488]

Wonder if he'll be more careful when he gets his $30 mil from reebok when he's 55?

Nope. He'll blow it all within a week

[lipripper]

Wonder if he'll be more careful when he gets his $30 mil from reebok when he's 55?

He probably wont ever see it...he will find a company/ person to loan him money using that as collateral. By the time he is supposed to receive it..payment plus interest will be due and it'll be gone...

[Scrumhalf]

On Mike and Mike they were taking about a story a former team mate told. Iverson didn't like traveling with luggage, so every time he traveled he would buy clothes at his destination and then leave it behind.

Don't some players do that with video game consoles? They would just but a new one in each city and leave them in the hotel room.

[TKD]

I heard that story too. I think I should start a storage business for pro athletes. Contract out some secure locations, then do a pick up and delivery service to the hotels when the players are in town.

[Bouncer]

I've even heard that about cars. They'd live in a location for a month or 2 for training camp or a season or whatever and buy a merc or Bentley etc.. Just for that location. Sell it for a loss or give it to a friend when they leave. Crazy.

[TKD]

My uncle did that. Bought a Mercedes from some baseball player that was just in Phoenix for a short time. I think I posted a picture of it before.

[rado]

Let me cry like a bitch, yet let me sport them earings he's got on lol....fuck him and any athlete or rapper who's broke. How the fuck does anyone go broke from having such money, is beyond human retardation capacity.

[TKD]

I don't belive that picture is current. I'm pretty sure it's from when he was still playing.

[Turbo3000]

Let me cry like a bitch, yet let me sport them earings he's got on lol....fuck him and any athlete or rapper who's broke. How the fuck does anyone go broke from having such money, is beyond human retardation capacity.

Pretty simple. They come from absolutely nothing. They don't listen to their financial advisors. They try to bring up everyone that that they have ever known from the old neighborhood. Recipe for disaster.